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Have you accumulated foreign currency from travelling abroad frequently? Received gifts from relatives in foreign currency? Or earned it by any other means as approved by the Reserve Bank of India?
If so, open Resident Foreign Currency Domestic Account* and manage your foreign currency efficiently. You can choose to set up your account either in US Dollar, Great Britain Pound or Euro.
*Please note that this account has to be operated strictly under FEMA guidelines
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How to Open a RFC Domestic Account
- Choose the currency in which you wish to operate.
- Open your account with an initial amount as per the following-US Dollar = 250 | Great Britain Pound = 200 | Euro = 250 and maintain an Average Quarterly Balance of the same amount.
For more details, contact your nearest HDFC Bank branch.
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Features & Benefits |
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Maintains a record of your foreign exchange transactions through monthly statements. |
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Enjoy preferential rates when converting your foreign currency into Indian Rupees. |
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Protects you from losing money due to exchange rate fluctuations.
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| Apply Now |
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Just fill the Online Application Form and our representative will get in touch with you shortly.
Other Ways to apply:
*Conditions Apply
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