Payment of commission in obtaining bank drafts by Postal Department from SBI/Nationalised Bank Branches...reg.
Directorate vide memo No.
PA/BK-I/11-33/2013(26)/1683 to 1627 dated 26/7/2013 has directed to prevent
unnecessary expenditure on payment of commission to the nationalised banks in
obtaining bank drafts and asked to reiterate the instructions of RBI, GAD, Mumbai
issued under No. DGBA.GAD.No.H2206/31.03.2011/2007-08 dated 28/8/2007 wherein
it has been instructed that “all agency banks should provide remittance
facility to Ministries / Departments of Central and State Governments to which
they are accredited free of cost at their authorised branches, irrespective of
the mode of such remittance”.
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