On October 29, 2025, the Reserve Bank of India (RBI) released a draft circular on Guidelines to facilitate faster cross-border inward payments. The circular is available on the RBI website. The RBI invites comments and feedback from banks on the draft circular by November 19, 2025, via the 'Connect2Regulate' section of the website or via email with the subject line "Feedback on Draft circular on Guidelines to facilitate faster cross-border inward payments". Comments may be alternatively forwarded to The Chief General Manager-in-Charge, Department of Payment and Settlement Systems, Reserve Bank of India, 14th Floor, Central Office Building, Shahid Bhagat Singh Marg, Fort Mumbai-400001. The RBI's Payments Vision 2025 aims to align with the G20 roadmap for cheaper, faster, transparent, and accessible cross-border payments. The draft circular addresses issues like delays between payment receipt and credit to the beneficiary's account, aiming to facilitate timely intimation of payment information and credit. Contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 phone: 022 - 2266 0502.
Press Release: 2025-2026/1410. Brij Raj, Chief General Manager. Website: www.rbi.org.in, email: helpdoc@rbi.org.in.
Key Entities Referenced
Guidelines to facilitate faster cross-border inward payments: Draft circular released by RBI to streamline cross-border inward payments.
Reserve Bank of India: The central bank releasing the draft circular.
Payments Vision 2025: Aims to bring efficiency in the cross-border payments.
Mumbai: Location of the Reserve Bank of India's office mentioned in the release.
Connect2Regulate: Section on the Reserve Bank's website for submitting feedback on the draft circular.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, केंद्रीय कायार्लय, शहीद भगत िसंह मागर्, फोटर्, मुंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
October 29, 2025
RBI releases Draft circular on Guidelines to facilitate faster cross-border
inward payments
The Reserve Bank of India today placed on its website a draft circular on
Guidelines to facilitate faster cross-border inward payments. Comments / feedback
on the draft Circular are invited from banks by November 19, 2025. The comments/
feedback may be submitted through the link under the ‘Connect2Regulate’ Section
available on the Reserve Bank’s website. Comments may alternatively be forwarded
to:
The Chief General Manager-in-Charge,
Department of Payment and Settlement Systems,
Reserve Bank of India,
14th Floor, Central Office Building,
Shahid Bhagat Singh Marg, Fort
Mumbai-400001
Or by email with subject line “Feedback on Draft circular on Guidelines to facilitate
faster cross-border inward payments”
Background and objective
2. The Reserve Bank’s Payments Vision 2025 aims to bring efficiency in the
cross-border payments aligning with the G20 roadmap for cross-border payments
that has set targets for achieving cheaper, faster, transparent, and accessible cross-
border payments. One of the challenges with speed of cross-border payments is the
delay between receipt of the payment at the beneficiary bank and credit to the
beneficiary account. This draft circular aims to address some of the frictions for
facilitating timely intimation of payment information and credit to the beneficiary’s
account.
(Brij Raj)
Press Release: 2025-2026/1410 Chief General Manager