Rupee transfers from accounts in India of Indians, Nepalese and Bhutanese resident in Nepal and Bhutan as well as of Indian, Nepalese and Bhutanese firms, companies or other organisations (including banks) functioning in these countries against exports to these countries from India or against any other transaction can be made freely without reference to Reserve Bank. Payments from other persons in or resident in Nepal and Bhutan (such as foreign tourists, foreign nationals employed or otherwise engaged in Nepal and Bhutan, transit passengers on short visits to Nepal and Bhutan, etc.) in settlement of transactions with persons, firms and companies resident in India should be made in convertible foreign currency. If authorised dealers come across any cases where payment by such persons is settled in rupees from a resident account, they should be reported to Reserve Bank. Ordinarily, payments towards exports from India to Nepal/Bhutan financed from external assistance such as credits from World Bank, Asian Development Bank, etc. to these countries will be settled by the aid-giving agencies by payments to exporters/exporters bankers directly in India in foreign exchange or out of their convertible rupee resources in India. If authorised dealers come across cases where such exports are paid for in rupees held by persons (including banks) resident in Nepal/Bhutan, such cases should also be promptly reported to Reserve Bank. This provision is also applicable to turnkey/construction contracts and consultancy services undertaken in Nepal or Bhutan by firms/companies in India, against external aid to Nepal and Bhutan