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  • Resident Foreign Currency Account, Currency Account, what is a resident foreign currency account, Rfc account

    What is a Resident Foreign Currency Account? 2013-09-30 06:18:49

    Returning NRIs /PIOs may open, hold and maintain with an authorised dealer in India a Resident Foreign Currency (RFC) Account to transfer balances held in NRE/FCNR (B) accounts. Proceeds of assets held outside India at the time of return can...

    Keywords: Resident Foreign Currency Account, What is a Resident Foreign Currency Account, Resident Foreign Currency Account, RFC account.

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    foreign currency accounts by a person resident in india, foreign currency, quick guide to open resident foreign currency account for returning nri, Rfc account

    Quick Guide to Open Resident Foreign Currency Account for Returning NRI 2018-12-31 04:47:48

    A returning Non-Resident Indian (NRI) would have assets and bank accounts abroad, as well as income generated from these assets would be in a foreign currency. According to the report, a returning NRI has the option of bringing the funds...

    Keywords: fcnr account, fcnr account, resident foreign currency account sbi, fcnr account

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    , , rfc savings account in icici bank, Rfc account

    RFC Savings Account in ICICI Bank 2013-09-30 05:39:29

      What is an RFC Savings Account? An RFC (Resident Foreign Currency) Savings Account is a savings account maintained in foreign currencies - USD and GBP - for NRIs who have returned to India and hold funds in foreign currency....

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