The following types of transactions are to be reported to FIU-IND: •  All cash transactions of the value of more than ₹ 10 Lakh or its equivalent in foreign currency  •  All series of cash transactions integrally connected to each other amounting to ₹ 10 Lakh in a month  •  All cash transactions where forged or counterfeit currency notes or bank notes have been used as genuine or forgery of valuable security or document has taken place  •  All suspicious transactions whether or not made in cash  •  All receipts by Non-Profit Organizations (NPOs) of ₹ 10 Lakh and above  •  Cross-border Wire Transfer Report (CWTR) is required to be filed by 15th of succeeding month for all cross border wire transfers of the value of more than five lakh rupees or its equivalent in foreign currency where either the origin or destination of fund is in India.
Customer convenience We are aware of the possibility that some of these guidelines can be irritating, burdensome to comply with. Several representations and feedback were received to that effect as well.