Automatic route and Approval route — full execution detail
For Swiss venture capital funds and Indian government agencies
Two statutory routes. One rail. Both cleared in under nine minutes.
Indian law offers a company two ways to send investment capital abroad. The Automatic route needs no prior consent; the Approval route requires the Reserve Bank to say yes first. Below, each route is executed step by step — showing every manual input a human must supply, every act each of the six regulators performs, and the exact time each step consumes. Every line can be heard aloud in 38+ languages.
Manual inputs — what a human must still supply
The automatic route intake
The rail never invents a fact. These are the only fields a person types; everything else is derived, cited and proved by the system.
Rail clock
0m 00s
of 8m 00s total · target under 9m 00s
- Steps cleared
- 0 / 15
- Currently executing
- Idle
- Manual practice
- 28 days across five parties
- Time saved
- 28 days → 8m 00s
Step by step — under nine minutes
Step 01 — Corporate
Identity and mandate capture
On the automated rail
PAN, CIN and LEI resolved from the registry; the board resolution is parsed and the authorised signatory matched automatically.
In manual practice today
Treasury types the entity name and uploads the signed board resolution; the AD bank officer eyeballs the signatory list.
- Statutory basis
- Companies Act s.179(3); Master Direction — Overseas Investment
- Evidence produced
- Intake manifest hash
- Time on this route
- 20 seconds
- Manual input required
- Indian party (entity name)
In plain words: We confirm which company is sending money and who is allowed to sign for it.
Regulator evidence checklist — this step
0/3 validated · Automatic route · acting as no desk identity
Document required
Supplied by
Reviewed by
What the reviewer tests
Status
Certified board resolution authorising the commitment
Supplied by · Corporate
Reviewed by · AD Category-I bank
That the resolution is validly passed under s.179(3) and names the signatory who executes the filing.
PAN, CIN and LEI of the Indian party
Supplied by · Corporate
Reviewed by · AD Category-I bank
Registry match, active status and that the LEI has not lapsed.
Specimen signature and KYC of the authorised signatory
Supplied by · Corporate
Reviewed by · AD Category-I bank
Signatory identity against bank KYC records before any instruction is accepted.
Role permissions — who may set which status
Read-only on this desk
Desk
What this desk is
Statuses it may set
Corporate treasury
The company filing the remittance. It gathers papers and hands them in.
Regulator officer
The authority reading the file. It is the only desk that can pass a document.
Investor / observer
A diligence observer. Sees everything, and by default changes nothing.
View onlyPlatform administrator
The platform operator. Can set any status and decide what the other desks may do.
Regulator officers may act only on documents their own authority reviews.
In plain words
Each desk gets its own set of buttons on Identity and mandate capture. A company can say a paper is ready and handed in, but only the regulator that reads it can mark it passed, an investor can look without touching, and the administrator can widen or narrow any of it — step by step. Every permitted change is still signed and written into the audit trail.
Completeness by regulator — Automatic route
RBI
0/15 validated · 15 outstanding · 0 prepared · 0 submitted
AD Category-I bank
0/11 validated · 11 outstanding · 0 prepared · 0 submitted
CBDT
0/5 validated · 5 outstanding · 0 prepared · 0 submitted
FIU-IND
0/4 validated · 4 outstanding · 0 prepared · 0 submitted
DPIIT
0/3 validated · 3 outstanding · 0 prepared · 0 submitted
IFSCA
0/2 validated · 2 outstanding · 0 prepared · 0 submitted
Ledger
0/1 validated · 1 outstanding · 0 prepared · 0 submitted
MoF
0/1 validated · 1 outstanding · 0 prepared · 0 submitted
Still to clear — 31 of 31
- Outstanding · Certified board resolution authorising the commitment — Identity and mandate capture
- Outstanding · PAN, CIN and LEI of the Indian party — Identity and mandate capture
- Outstanding · Specimen signature and KYC of the authorised signatory — Identity and mandate capture
- Outstanding · Incorporation certificate of the overseas entity — Target entity and corridor
- Outstanding · Activity / NIC-equivalent code and business description — Target entity and corridor
- Outstanding · Host-regulator standing or licence note for the hub — Target entity and corridor
- Outstanding · Financial commitment schedule — equity, debt, guarantees, pledges — Financial commitment stated
- Outstanding · Board-approved funding plan and source of funds — Financial commitment stated
- Outstanding · Statutory auditor's net-worth certificate — Audited net worth ingested
- Outstanding · Latest audited financial statements — Audited net worth ingested
- Outstanding · Rule 7 ceiling computation with headroom — Rule 7 ceiling test — the route is decided here
- Outstanding · Reasoned route determination citing the provision — Rule 7 ceiling test — the route is decided here
Import a progress file — JSON or CSV
In plain words: if your team already tracks these documents in a spreadsheet, upload it here. Every matching row sets the status straight away, the regulator gap bars redraw, and each change is written into the audit trail below with who did it and when. CSV needs stepId, document, status columns; JSON accepts an array of the same fields or a key/status map.
Evidence audit trail — 0 recorded changes
Timestamp (UTC)
Signed by
Document
Change
Source
- No status changes recorded yet. Every time someone marks a document prepared, submitted or validated — by hand or through an import — the change is stamped here with the signer and the time.
Hear this step — 38+ languages
The script is translated and spoken live, so a regulator in Zurich, Delhi or Tokyo hears the same statutory explanation in their own language.
Download the full transcript — Automatic route
Every step of this route, in English (India). TXT and DOCX carry the readable script; CSV and JSON are machine-readable, with statutory basis, per-step seconds and cumulative rail time on every row.
What each regulator actually does
Six authorities. Two different jobs.
On the Automatic route the regulators verify and record. On the Approval route one of them — the Reserve Bank — adjudicates, and the others advise it. Read the last two columns to see exactly which part of that work is still done by a human hand.
RBI
Reserve Bank of India — Overseas Investment Division
Financial commitment, Rule 7 ceiling, UIN allotment
Receives the filing for record, verifies the ceiling proof and allots the UIN. It does not need to consent.
Adjudicates. An officer reads the justification, tests the exposure against policy and records a reasoned order allowing or refusing the commitment.
Human · Officer reads the dossier, may raise written queries, signs the order.
Machine · Ceiling proof verified by circuit; exposure analytics and precedent orders assembled for the officer.
120s inside the window
IFSCA
International Financial Services Centres Authority
GIFT IFSC conduct and the offshore leg
Confirms the GIFT unit is in good standing and the offshore leg is within its licence.
Same check, plus a conduct opinion on whether the structure is consistent with IFSC policy.
Human · Licensing desk confirms unit status and signs the conduct note.
Machine · Licence register queried live; unit standing attached to the dossier.
45s inside the window
MoF
Ministry of Finance — Department of Economic Affairs
Policy conformity for outbound capital
Sees the flow in aggregate for policy monitoring; no case-by-case act.
Confirms the exposure does not conflict with a standing policy direction on the destination or sector.
Human · Policy desk reviews destination and sector flags.
Machine · Flow tagged against live policy directions; conflicts surfaced automatically.
40s inside the window
FIU-IND
Financial Intelligence Unit — India
Money-laundering and beneficial ownership
Screens ultimate beneficial owners against sanctions and PEP lists and records the clearance.
Same screening at a deeper tier, including step-down entities and adverse-media review.
Human · Analyst reviews any hit and clears or escalates it.
Machine · UBO chain walked and screened; only genuine hits reach a human.
50s inside the window
DPIIT
Department for Promotion of Industry and Internal Trade
Sector conditions and strategic-sector flags
Confirms the overseas activity is not in a restricted or strategic sector.
Applies the sector condition in detail and may attach conditions to the approval.
Human · Sector desk classifies the activity and records conditions.
Machine · Activity code mapped to the sector schedule with the provision cited.
40s inside the window
CBDT
Central Board of Direct Taxes
Withholding, treaty relief, 15CA/15CB
Validates the 15CA/15CB pair and the treaty article claimed.
Same validation, plus a transfer-pricing look at the valuation on large exposures.
Human · Assessing officer confirms the withholding position.
Machine · Treaty article resolved and the form pair pre-validated before submission.
45s inside the window
All six read one signed dossier at the same instant. Nothing is re-keyed, nothing is posted onward, and every clearance is a hash-chained receipt a supervisor can verify later.