FETERS – Cards: Monthly Reporting

A.P. (DIR Series) Circular· A.P. (DIR Series) Circular No.13· issued 25 Mar 2021taggednot amendingOfficial source page →

The document, verbatim

RBI/2020-21/113 A.P. (DIR Series) Circular No.13 March 25, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, FETERS – Cards: Monthly Reporting Attention of Authorised Dealers (Category I) is invited to A.P. (DIR Series) Circular No. 50 dated February 11, 2016 on compilation of R-Returns for reporting under the Foreign Exchange Transactions Electronic Reporting System (FETERS). It has been decided to collect more details of international transactions using credit card / debit card / unified payment interface (UPI) along with their economic classification (merchant category code – MCC) through a new return called ‘FETERS-Cards’, using the same web-portal ( https://bop.rbi.org.in ). 2. Nodal offices of Authorised Dealers (ADs) may submit FETERS-Cards details on the web-portal in the following manner: A. For transactions through credit card / debit card / UPI: Sale of forex by AD towards international transaction made by Indian resident (to be reported by the card issuing / transaction originating AD); and Purchase of forex by AD under transaction by foreign resident with Indian resident (to be reported by merchant acquirer AD). B. The information shall be submitted in the following fixed format (details given in Annex ): For transactions using credit/debit card: MCC X Country X Currency X Amount (Payment/Refund) X Card Status (Present /Not present) For transactions through UPI: MCC X Country X Currency X Amount (Payment/Refund) X QR Code Scan (Yes/No) 3. AD Banks need to report all card transactions (e.g., through PoS terminals / e-commerce (online purchase) / for transferring funds to bank accounts). 4. Data submission by ADs: ADs shall submit the FETERS-Cards data on the web-portal ( https://bop.rbi.org.in ) by using the RBI-provided login-name and password, within seven working days from the last date of the month for which data are being reported. The web-portal provides detailed guidance and help material. FETERS-Cards reporting will be implemented for the transactions taking place from April 1, 2021. Hence, details of the transactions in April 2021 may be reported in the first week of May 2021. In case of any clarifications, banks may send their queries through e-mail or contact by phone at 022-26578416 or 022-26571154 (direct). 5. The directions contained in this circular have been issued under Sections 10(4) and 11(2) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully Ajay Kumar Misra Chief General Manager-in-Charge

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Annex to A.P. (DIR Series) Circular No.13 dated March 25, 2021

1.
The FETERS-Cards data files should be in ASCII format with one record per
line. All fields in each file should be delimited with the delimiter “|”. The web-
portal provides a downloadable Java-based validator for converting data
from MS-excel file to generate the prescribed ASCII format file, if required.
2.
ADs are encouraged to generate the prescribed format data file from their
internal system, validate/upload it in the web-portal and get acknowledgment.
The portal enables downloading reports based on their own data submitted
in the past.
3.
Naming Convention: The file name should be “BANKCODE_MMYYYY_CC”
for
credit
card,
“BANKCODE_MMYYYY_DC”
for
debit
card
and
“BANKCODE_MMYYYY_UPII” for UPI international transactions. For
example, if bank code is XXX, the file name should be:
• XXX_MMYYYY_CC.txt for credit card file
• XXX_MMYYYY_DC.txt for debit card file
• XXX_MMYYYY_UPII.txt for UPI international transactions

4. Credit Card File format for International Transactions:  Structure of Record type 01 and 02

File name - Bankcode_MMYYYY_CC.TXT
Field
Format
Remarks
Bank code
Char (5)

AD Bank Code
(Max length is 5 Char)
Month-end date
MMYYYY
Reporting Month and Year
<e.g. 122019 (for December 2019) >
Record type
Char (2)
= 01 < International Payment by resident – to be reported by card issuing bank>
= 02 < Payment by non-resident – to be reported by the acquiring bank >
MCC
Char (4)
Merchant Category Code
  < e.g. MCC  6011 for Cash Disbursements at ATMs>
Country code
Char (2)
Country code (ISO 3166) (country code of the card holder)
= IN                     < for Record type 01 >
= Other than IN   < for Record type 02 >
Currency code
Char (3)
Currency code (ISO 4217) – transaction currency
= Other than INR
   < for international transaction by a resident under Record type 01>
= INR
   < for transaction by a non-resident under Record type 02 >
No. of transactions
Num (10)
Count in actuals
< Max length 10 >
Amount
Num (15,2)
Amount in INR (Billing currency)
< Max length 15 digit with two decimal places >
Card present
Char (1)
= “Y” < for Card Present >
= “N” < for Card Not Present >

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Annex to A.P. (DIR Series) Circular No.13 dated March 25, 2021

5. Debit Card File Format for International Transactions: Structure of Record type 01 and 02)

6. UPI International File Format: Structure of Record type 01 and 02)

File name - Bankcode_ MMYYYY_UPII.TXT
Field
Format
Remarks
Bank code
Char (5)

AD Bank Code
 (Max length is 5 Char)
Month-end date
MMYYYY
Reporting Month and Year
<e.g. 122019 (for December 2019) >
Record type
Char (2)
= 01  < International Payment by resident
-
to be reported by UPI transaction issuing bank >
= 02  < Payment by non-resident
-
 to be reported by UPI transaction acquiring bank>
MCC
Char (4)
Merchant Category Code
Country code
Char (2)
Country code (ISO 3166) (country of the UPI ID holder)
= IN                              < for Record type 01 >
= Other than IN            < for Record type 02 >
Currency code
Char (3)
Currency code (ISO 4217) – transaction currency
= Other than INR       < for Record type 01 >
= INR                         < for Record type 02 >
No. of transactions
Num (10)
 Count in Actuals
< Max length 10 >
Amount
Num (15,2)
Amount in INR (Billing currency)
< Max length 15 digit with two decimal places >
QR code scan
Char (1)
= “Y”    < for QR code Scan >
= “N”    < for Non-QR code Scan >

2
File name - Bankcode_MMYYYY_DC.TXT
Field
Format
Remarks
Bank code
Char (5)

AD Bank Code
 (Max length is 5 Char)
Month-end date
MMYYYY Reporting Month and Year  <e.g. 122019 (for December 2019) >
Record type
Char (2)
= 01 < International Payment by resident – to be reported by card issuing bank>
= 02 < Payment by non-resident – to be reported by the acquiring bank >
MCC
Char (4)
Merchant Category Code
  < e.g. MCC  6011 for Cash Disbursements at ATMs>
Country code
Char (2)
Country code (ISO 3166) (country code of the card holder)
= IN                     < for Record type 01 >
= Other than IN   < for Record type 02 >
Currency code
Char (3)
Currency code (ISO 4217) – transaction currency
= Other than INR <for international transaction by a resident under Record type 01>
= INR    < for transaction by a non-resident under Record type 02 >
No. of transactions
Num (10)
Count in actuals  < Max length 10 >
Amount
Num (15,2) Amount in INR (Billing currency)
< Max length 15 digit with two decimal places >
Card present
Char (1)
= “Y”      < for Card Present >
= “N”      < for Card Not Present >

Annex to A.P. (DIR Series) Circular No.13 dated March 25, 2021

Sample file - Credit Card International Transactions- 639_122019_CC.TXT

639|122019|01|2222|IN|USD|111|1116.44|Y
639|122019|01|2222|IN|USD|83|111128.4|N
639|122019|02|2222|KE|INR|1|5579|Y
639|122019|02|2222|KE|INR|3|1070|N

Sample file - Debit Card International Transactions -  639_122019_DC.TXT

639|122019|01|2222|IN|USD|1|11179.37|Y
639|122019|02|2222|KE|INR|4|93868|Y

Sample file – UPI International Transactions – 639_122019_UPII.TXT

639|122019|01|1520|IN|SGD|8273|544328.7|Y
639|122019|02|2222|US|INR|9073|948328.7|N

***********************

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Relates to

Central Goods and Services Tax Act, 2017references
Depositories Act, 1996references
Foreign Exchange Management Act, 1999references
Goods and Services Tax (Compensation to States) Act, 2017references
Income-tax Act, 1961references
Income-tax Act, 2025references
Integrated Goods and Services Tax Act, 2017references
Securities Contracts (Regulation) Act, 1956references
Securities and Exchange Board of India Act, 1992references
The Companies Act, 2013references
Union Territory Goods and Services Tax Act, 2017references

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