CIMS Portal Mandated for Two FEMA Returns from June 2026
Current · Source: Reserve Bank of India · RBI/2026-27/98 · issued 05 Jun 2026 · ~2 min read
Quick answerFrom June 30, 2026, AD Category-I banks must submit the consolidated BO/LO/PO statement (return code R343) and the NRO account remittance statement (return code R006) exclusively on the CIMS portal. Physical submissions to RBI offices cease.
The rule, in the simplest words
AD Category-I banks must submit the consolidated BO/LO/PO statement (return code R343) and the NRO account remittance statement (return code R006) exclusively on the CIMS portal from June 30, 2026.
The CIMS portal is the only acceptable method for submitting these statements, and physical submissions to RBI offices cease.
Banks must register and train staff on the CIMS portal to ensure timely uploads, and non-submission or delays could attract FEMA scrutiny.
How it plays out — a real example
As a forex & trade-finance officer in Indore, I need to ensure that our bank submits the consolidated BO/LO/PO statement and the NRO account remittance statement on the CIMS portal by the deadline. I register our bank on the CIMS portal, update our internal SOPs to route the data through CIMS, and conduct a dry run of uploading both returns before the deadline to avoid any delays or penalties.
What changed
RBI has moved two monthly FEMA returns—the consolidated list of branches/offices/POs opened/closed (R343) and the NRO account remittance statement (R006)—from physical submission to the Centralized Information Management System (CIMS) portal. The change takes effect from June 30, 2026, for the month ending June 2026. NIL reports must be uploaded if no data exists.
What it means for you
Banks must register and train staff on the CIMS portal (https://sankalan.rbi.org.in) to ensure timely uploads. The shift eliminates manual submission to RBI offices in New Delhi, reducing paperwork but requiring digital compliance. Non-submission or delays could attract FEMA scrutiny.
What you must do
Register your bank on the CIMS portal and obtain user credentials for return codes R343 and R006 -- this is required by the circular before you can submit either return online.
(BankPulse recommendation, not a stated RBI requirement) Update internal SOPs to route BO/LO/PO and NRO remittance data through CIMS.
(BankPulse recommendation) Conduct a dry run of uploading both returns on CIMS well before June 30, 2026 -- that date is when CIMS submission becomes mandatory and physical submission stops; it is not itself each month's recurring filing deadline, which keeps following the usual periodic due date for R343/R006 under RBI's FEMA reporting schedule.
Ensure NIL reporting capability is built into your system for months with no data -- the circular explicitly requires a NIL report when there is nothing to report.
Who it affects
AD Category-I banks, Foreign exchange reporting teams, Compliance and operations departments handling FEMA returns
❓ Common questions
What happens if we miss the CIMS upload deadline?
RBI expects timely submission on CIMS for each period's R343/R006 due date (unchanged by this circular). Separately, June 30, 2026 is the deadline to be registered and filing via CIMS rather than physically -- missing that transition date means you cannot submit at all until you register. Upload NIL reports if no data is due.
Do we still need to send physical copies to RBI?
No. From June 30, 2026, physical submission to RBI offices in New Delhi is replaced entirely by CIMS uploads for these two returns.
Which return codes are affected?
Return code R343 for the BO/LO/PO statement and return code R006 for the NRO account remittance statement.
📜 Read the original circular — full text as issued by RBI
RBI/2026-27/98
A.P. (DIR Series) Circular No. 12
June 05, 2026
All Category - I Authorised Dealer Banks
Madam/Sir,
Submission of statement/return on Centralized Information Management System (CIMS)
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the A.P. (DIR Series) Circular No.69 dated May 12, 2016 , in terms of which AD Category – I banks were required to submit a consolidated list of all the BOs/LOs/ POs opened and closed by them during a month, by the fifth of the succeeding month, to the General Manager, Reserve Bank of India, Foreign Exchange Department, Central Office Cell, Sansad Marg, New Delhi.
2. It has now been decided that with effect from June 30, 2026, the above-mentioned statement shall be submitted on the Centralized Information Management System (CIMS) portal. The statement has been assigned return code - ‘R343’ on CIMS portal. Accordingly, all AD Category – I banks shall upload the above-mentioned statement on CIMS portal (URL: https://sankalan.rbi.org.in ) from the month ending June 2026. In case no data is to be furnished, AD Category – I banks shall upload a ‘NIL’ report.
3. Attention of Authorised Dealer Category – I (AD Category – I) banks is further invited to the A.P. (DIR Series) Circular No.67 dated May 05, 2016 , in terms of which AD Category – I banks were required to furnish on a monthly basis, a statement on the number of applicants and total amount remitted from the Non-Resident (Ordinary) Rupee (NRO) Account in the requisite format to General Manager-in-Charge, Foreign Exchange Department, Reserve Bank of India, Foreign Investments Division (NRFAD), Central Office Cell, Parliament Street, New Delhi.
4. Submission of the above-mentioned statement has been shifted to CIMS portal with return code - ‘R006’. Accordingly, all AD Category – I banks shall upload the above-mentioned statement on CIMS portal (URL: https://sankalan.rbi.org.in ).
5. The Master Direction on ‘ Reporting under Foreign Exchange Management Act, 1999 ’ is being updated to reflect the changes.
6. The directions contained in this circular have been issued under section 10(4) and 11(2) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.
Yours faithfully,
(N Senthil Kumar)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2026-27/98 · issued 05 Jun 2026. The plain-English explanation above is BankPulse’s own independent summary.
Register your bank on the CIMS portal and obtain user credentials for return codes R343 and R006 -- this is required by the circular before you can submit either return online.
Ensure NIL reporting capability is built into your system for months with no data -- the circular explicitly requires a NIL report when there is nothing to report.
📜 Compliance
(BankPulse recommendation, not a stated RBI requirement) Update internal SOPs to route BO/LO/PO and NRO remittance data through CIMS.
(BankPulse recommendation) Conduct a dry run of uploading both returns on CIMS well before June 30, 2026 -- that date is when CIMS submission becomes mandatory and physical submission stops; it is not itself each month's recurring filing deadline, which keeps following the usual periodic due date for R343/R006 under RBI's FEMA reporting schedule.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are an IT/Systems lead at a bank this circular applies to (AD Category-I banks, Foreign exchange reporting teams, Compliance and operations departments handling FEMA returns), your first concrete step on “CIMS Portal Mandated for Two FEMA Returns from June 2026” is: “Register your bank on the CIMS portal and obtain user credentials for return codes R343 and R006 -- this is required by the circular before you can submit either return online.” (RBI issued this 05 Jun 2026).
Circular: RBI/2026-27/98 -- CIMS Portal Mandated for Two FEMA Returns from June 2026
Issued: 05 Jun 2026
Action required: Register your bank on the CIMS portal and obtain user credentials for return codes R343 and R006 -- this is required by the circular before you can submit either return online.
Action required: (BankPulse recommendation, not a stated RBI requirement) Update internal SOPs to route BO/LO/PO and NRO remittance data through CIMS.
Action required: (BankPulse recommendation) Conduct a dry run of uploading both returns on CIMS well before June 30, 2026 -- that date is when CIMS submission becomes mandatory and physical submission stops; it is not itself each month's recurring filing deadline, which keeps following the usual periodic due date for R343/R006 under RBI's FEMA reporting schedule.
Action required: Ensure NIL reporting capability is built into your system for months with no data -- the circular explicitly requires a NIL report when there is nothing to report.
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 02 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=13465&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.
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