To

All Members,

Sub: Change in process of Request for issuance of AD Letter.

India International Bullion Exchange IFSC limited (IIBX) is committed towards continual improvement in customer satisfaction and towards increase in efficiency and accuracy by providing the world class technology and ease of business to our members and clients.

As a part of its committed efforts towards continual improvement in customer satisfaction, efficiency and accuracy, IIBX is introducing the process for Online submission of Request for issuance of AD letter and for downloading the AD letter from Exchange provided portal.

At present, the QJ is sending mails to trading.operations@iibx.co.in for issuance of AD Letter and IIBX is issuing the AD Letter to the respective QJ via mail.

As per the new process, the Trading Members (TM) and Limited Purpose Trading Members (LPTM) shall enter their login credential details in the IIBEFS Portal of the Exchange https://iiefs.iibx.co.in for submitting the request for issuance of the AD Letter for their Clients / themselves. The Exchange shall be issuing the AD letter in 30 minutes, subject to the successful verification of the details submitted. Once the Exchange issues the AD letter, the TM/LPTM can download the AD letter from the IIBEFS portal for onward submission to AD banks by their clients/themselves.

The detailed process for submission of the request and for downloading the Exchange issued AD letter is attached as Annexure to this circular.

The above-mentioned changes in the AD letter issuance process shall be implemented with effect from May 29, 2023.

For any queries Members may contact the following departments. The contact details are mentioned hereinbelow:

Members are requested to take note of the above.

For and on behalf of

India International Bullion Exchange IFSC Limited,

Sagar Khandelwal            

Trading Operations

Phone No.: - +91 79 6969 7119

E-Mail Id: - trading.operations@iibx.co.in