SWIFT Code amendment: USD Current Account of IFSCA

CIRCULAR

File No. 05/IFSCA/Bank Account/2020-21

April 04, 2022

To, The entities required to pay fee to IFSCA

Subject: Account Details for fee to be remitted to IFSCA

This has reference to the IFSCA circular no. IFSCA-PLNP/1/2021-Capital Markets/001 dated September 08, 2021 (copy enclosed) on the captioned subject. In this regard, it is hereby informed that existing SWIFT code of the USD current account has changed from ICICINBBIBU to ICICINAAXXX.

This is for information and further necessary action please.

Denning K Babu Deputy General Manager denning.babu@ifsca.gov.in

CIRCULAR

IFSCA-PLNP/1/2021-Capital Markets/001

September 08, 2021

To, The entities required to pay fee to IFSCA

Subject: Account Details for fee to be remitted to IFSCA

The fee as specified in the relevant circular(s) of IFSCA need to be remitted to the following account of IFSCA in USD: Account Name: International Financial Services Centres Authority Account Number: 970105000174 Type of Account: USD Current Account Bank Name: ICICI Bank Limited SWIFT Code: ICICINBBIBU NOSTRO Details: BOFAUS3N, Bank of America, N.A., New York Branch, A/c no: 6550491848

However, entities coming from India (except GIFT-IFSC) will have the option to pay the Application Fee and Registration Fee (for grant of registration by IFSCA) in INR into the account of IFSCA mentioned below: Account Name: IFSCA FUND 2 Account Number: 39907189884 Name of the Bank: State Bank of India Type of Account: INR Current Account IFSC Code: SBIN0060228

For the entities remitting the fee in INR, the latest RBI reference rate available at https://www.fbil.org.in/#/home (which would normally be 7 days before the current date) will be considered.

Deninng K Babu Deputy General Manager denning.babu@ifsca.gov.in