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ARTICLE · 17 APRIL 2025

GIFT City Updates (March 2025)

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Vide circular bearing number IFSCA-FCR0FCR/3/2023-Banking/2024-25/002 dated 07.03.2025, in reference to the "Guidelines on setting up and operation of International...

IndiaFinance and Banking
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CIRCULARS

  • Fee structure for International Trade Finance Service (ITFS) operators/ Applicants desirous to set up an ITFS in IFSC

Vide circular bearing number IFSCA-FCR0FCR/3/2023-Banking/2024-25/002 dated 07.03.2025, in reference to the "Guidelines on setting up and operation of International Trade Finance Service Platform, 2024" dated December 23, 2024 a fee structure has been provided which shall be applicable to all ITFS operators/ applicants who are desirous of setting up an ITFS with effect from April 01, 2025. It further stated that all other provisions given in the circular on "Fee structure for the entities undertaking or intending to undertake permissible activities in IFSC" dated 17.05.2023 (as amended) shall continue to apply. CLICK HERE

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