KYC report on FDI

This query is : Open

SWAMY KARLAPUDI (Querist)
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11 December 2010 sir,

Our company (pvt ltd) first time received foreign direct investment into equity shares.

we got FIRC certificate from our banker.
but how to get KYC report on foreign investor. As per my knowledge, this KYC report shall be issued by AD banker of our foreign investor.

Our banker saying that we should get it from outside agents like Dun and Broadstreet.

How to get KYC certificate, please let me know, and we required it immediately.

Please reply...

Rasesh

Rasesh (Expert)
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19 December 2010 Contact D&B or other such agencies. They will be able to help u in the matter.

SWAMY KARLAPUDI

SWAMY KARLAPUDI (Querist)
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20 December 2010 Contacted D&B, clarified, they will give a confidential report on foreign investor.

But KYC report should be given by the banker of foreign investor, through whom the funds were transferred to Indian banker.

The D&B report will be different, no related in this case, I think.

Pls clarify how to get KYC report?

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