General permission has been granted by Reserve Bank under its Notification No. FERA.36/76-RB dated 10th May 1976 (as amended) to:

(a) authorised dealers to send out of India foreign currency in the form of currency notes, coins, cheques, drafts or bills of exchange acquired by them in the normal course of their business and within the terms of their authorisation, and

(b) foreign citizens in or resident in India, but not permanently resident therein as also resident Indians maintaining foreign currency accounts abroad in pursuance of Notification No. FERA.116/92-RB dated 7th September 1992, to take or send out of India cheques drawn on their foreign currency accounts.