EEFC ACCOUNT PDF

With the surge in exports and inward remittances, RBI has permitted deposits of foreign currency in the Exchange Earners Foreign Currency Account (EEFC). As mentioned earlier, % foreign exchange earnings can be credited to the EEFC accounts, all the credits accumulated in the account during. Exchange Earners Foreign Currency (EEFC) account is foreign currency- denominated account maintained with banks dealing with foreign.

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