A RFC(D) account with Axis Bank entitles you a hassle free and safe avenue to park your foreign currency. It will also save you of commission charges; you otherwise would have to pay whenever you require foreign currency. The account facilitates your payments for foreign travel expenses, medical treatment abroad, gifts upto $ 5,000 or equivalent, education and purchase of books directly through the Internet. Moreover the ceiling less nature of this account entitles you to hold any amount of funds as against USD 2,000, which was the maximum limit to foreign exchange holdings by Resident Indians.

In recent times, investors have witnessed a lot of turmoil in the Forex markets. The fluctuations in the Rupee-Dollar rates have always been a cause of worry for frequent travelers and business class. A RFC(D) account with Axis Bank keeps your foreign currency insulated from adversities of Rupee depreciation.

We assure convenient and value-added banking with Axis Bank. Contact your nearest Axis Bank branch for account opening details.