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Daily Archives: November 18, 2016

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FAQs on opening EEFC accounts

Foreign ExchangeBy Surendra NaikNovember 18, 2016

(This post elucidates information on who can open EEFC account, the documents required for opening  EEFC account, what are the permissible credits and permissible debits allowed in the EEFC account) What is EEFC account? Ans.: EEFC account is the abbreviation of Exchange Earners Foreign Currency account. In this account the account holder maintains a current…

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