Board resolution, opening a foreign currency account with a bank outside India for export proceeds

Certified true copy of the resolution passed at the meeting of the Board of Directors of [Company] held on [Date of the board meeting] at [place / through video conferencing]

OPENING OF FOREIGN CURRENCY ACCOUNT OUTSIDE INDIA FOR EXPORT PROCEEDS

"RESOLVED THAT, pursuant to the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2015 as amended by Notification No. FEMA 10(R)(5)/2025-RB and Notification No. FEMA 10(R)(7)/2025-RB, the Master Direction – Deposits and Accounts, and other applicable provisions of the Foreign Exchange Management Act, 1999, consent of the Board be and is hereby accorded to open and maintain a foreign currency account in [currency] in the name of the Company with [name of bank], [branch and country / IFSC Banking Unit at GIFT City] ("the Account"), for the purpose of realising the full export value of goods and services exported by the Company and receiving advance remittances against exports;