Hello,
I am an Indian and I have been using ICICI credit card to send money for my seo requirements. Today when i paid for some article writing i got the following message.
"Dear Customer,
Trading of foreign exchange in domestic and overseas markets is prohibited on your debit card under existing FEMA regulation."
Although i used credit card for payment, i am little worried about this message, i fear to contact ICICI on this, as they may freeze my CC and all my business will be stopped.
I hope there is no headache again coming from RBI as they have been doing in last 1-2 years.
Anyone have some information on this, kindly suggest me what to do.
Thanks.
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