law: Foreign Contribution (Regulation) Act, 2010
  Chapter IV: Accounts,
  
  Intimation, Audit and Disposal of Assets, Etc.
  17. Foreign
  
  contribution through scheduled bank. -
  1.  
  
    Every
  
  person who has been granted a certificate or given prior permission under
  
  section 12 shall receive foreign contribution in a single account only through
  
  such one of the branches of a bank as he may specify in his application for
  
  grant of certificate:
  Provided that such person may open one or
  
  more accounts in one or more banks for utilising the foreign contribution
  
  received by him:
  Provided further that no funds other than
  
  foreign contribution shall be received or deposited in such account or
  
  accounts.
  1.  
  
  
  2.  Every
  
  bank or authorized person in foreign exchange shall report to such authority as
  
  may be specified--
  a.  
  
    prescribed
  
  amount of foreign remittance;
  b.  
  
    the
  
  source and manner in which the foreign remittance was received; and
  c.  
  
    other
  
  particulars, in such form and manner as may be prescribed.