FIU-IND FINnet Gateway Go-Live: CD Reports End Oct 20
Current · Source: Reserve Bank of India · RBI/2012-13/243 · issued 11 Oct 2012 · ~1 min read
Quick answerFrom October 20, 2012, all scheduled commercial banks and AIFIs must submit AML/CFT reports exclusively via the FINnet gateway in XML format. CD-based submissions will be rejected after this date. Ensure your systems are ready for the new XML reporting format.
The rule, in the simplest words
From October 20, 2012, all banks and financial institutions must send their reports about stopping money laundering (AML/CFT reports) only through the FINnet gateway (an online system).
Reports on CDs (small discs) will not be accepted after October 20, 2012.
Reports must be in XML format (a special computer language for sharing data).
If you don't follow this rule, your report will be considered invalid by FIU-IND (the government office that checks for money laundering).
How it plays out — a real example
A KYC & compliance officer in Indore, Priya, used to send her bank's monthly AML reports on a CD to FIU-IND. After October 20, 2012, she logs into the FINnet gateway, uploads the report in the new XML format, and clicks submit. She no longer burns a CD, and her report is accepted instantly.
What changed
FIU-IND has set October 20, 2012 as the go-live date for the FINnet gateway, replacing the earlier test mode. After this date, reports submitted on CD will no longer be accepted as valid. Banks must now use only the FINnet gateway for uploading reports in the new XML format.
What it means for you
Banks and AIFIs must complete the transition from CD-based to online XML reporting by October 20, 2012. Non-compliance will result in reports being treated as invalid by FIU-IND, potentially leading to regulatory scrutiny. This move streamlines reporting but requires immediate IT and operational adjustments.
What you must do
Ensure your FINnet gateway access is active and tested before October 20, 2012.
Train your reporting team on the new XML format and submission process.
Stop preparing CD-based reports after October 20; switch entirely to online uploads.
Coordinate with your Principal Officer to acknowledge receipt of this circular.
Contact FIU-IND help desk at 011-24109792/93 for any technical issues.
Who it affects
All Scheduled Commercial Banks (excluding RRBs), Local Area Banks, All India Financial Institutions (AIFIs), Principal Officers responsible for AML/CFT reporting
❓ Common questions
What happens if we submit a CD report after October 20, 2012?
FIU-IND will not treat it as a valid submission. Only reports uploaded via the FINnet gateway in XML format will be accepted.
Is there a help desk for FINnet gateway issues?
Yes, contact FIU-IND help desk at 011-24109792/93 or via email for any clarifications or assistance.
Do we need to acknowledge this circular?
Yes, your Principal Officer must acknowledge receipt of this circular to confirm compliance.
📜 Read the original circular — full text as issued by RBI
RBI/2012-13/243
DBOD. AML.BC.No.49/14.01.001/2012-13
October 11, 2012
The Chairmen/CEOs of all Scheduled Commercial Banks (Excluding RRBs)/ Local Area Banks / All India Financial Institutions
Dear Sir
Uploading of Reports on FINnet Gateway
Please refer to our circular DBOD.AML.BC.No.39/14.01.001/2012-13 dated September 7, 2012 advising all banks/AIFIs to initiate submission of reports on the FINnet Gateway in ‘TEST MODE’ from August 31, 2012.
2. FIU-IND have now advised that the ‘go-live’ date is October 20, 2012 and that banks may discontinue submission of reports in CD format after October 20, 2012, using only FINnet gateway for uploading of reports in the new XML reporting format. Any report in CD format received after October 20, 2012 will not be treated as a valid submission by FIU-IND.
3. All banks and financial institutions are accordingly advised to take action as required by FIU-IND and ensure that all reports are submitted in time as per the schedule.
4. For any clarification/assistance regarding submission of reports, you may contact FIU-IND help desk at email or telephone numbers 011-24109792/93.
5. Please advise your Principal Officer to acknowledge receipt of this circular.
Yours faithfully,
(Sudha Damodar)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2012-13/243 · issued 11 Oct 2012. The plain-English explanation above is BankPulse’s own independent summary.
Example: if you are a Compliance officer at a bank this circular applies to (All Scheduled Commercial Banks (excluding RRBs), Local Area Banks, All India Financial Institutions (AIFIs), Principal Officers responsible for AML/CFT reporting), your first concrete step on “FIU-IND FINnet Gateway Go-Live: CD Reports End Oct 20” is: “Ensure your FINnet gateway access is active and tested before October 20, 2012.” (RBI issued this 11 Oct 2012).
Circular: RBI/2012-13/243 -- FIU-IND FINnet Gateway Go-Live: CD Reports End Oct 20
Issued: 11 Oct 2012
Action required: Ensure your FINnet gateway access is active and tested before October 20, 2012.
Action required: Train your reporting team on the new XML format and submission process.
Action required: Stop preparing CD-based reports after October 20; switch entirely to online uploads.
Action required: Coordinate with your Principal Officer to acknowledge receipt of this circular.
Action required: Contact FIU-IND help desk at 011-24109792/93 for any technical issues.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=7618&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
Help us keep this accurate
Found an inaccuracy or have an improvement? Tell us. Every report is reviewed by our team before any change is made — nothing goes live unverified.
Public beta — plain-English informational summaries. Always verify against the official RBI source (circular number cited on every page) before making compliance, credit, treasury, audit, or operational decisions. · Join our WhatsApp channel ↗
BANKPULSE · FREE DAILY BRIEF
Get RBI updates for your role
Every important RBI update, decoded in plain English — for your career, exams & financial awareness.
We collect only your email, name and role, used solely to send your brief — never sold or shared. Withdraw anytime via the unsubscribe link in any email. Independent platform, not affiliated with the RBI. Information, not legal advice.
REPORT AN ERROR · BETA
Spotted an error? Earn 500 BankPulse Credits
Help us stay accurate. If your correction is verified true and approved by our founder, you earn 500 BankPulse Credits — redeemable when the platform monetises.
Reviewed by a human before any credit is awarded. We never change the site from crowd input without verification.
WANT A NEW FEATURE · BETA
What would make BankPulse more useful for you?
Tell us what to build next — a tool, a data view, a role page, anything. We read every suggestion.
Thank you — your ideas directly shape what we build.