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Current Accounts

Resident Foreign Currency (Domestic) Account

Holding foreign currency is no longer restricted to the NRIs. For the first time Reserve Bank of India has allowed Resident Indians to maintain foreign currency accounts without any ceiling to it.

SMS CA to 5675672

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Foreign Currency Banking

Resident Indians can bank with foreign currency holdings of upto USD 2000

Save in Different Currencies

USD, Euro, GBP and Japanese Yen

Insulation from Forex Fluctuations

Protection against Rupee depreciation

No Commission Charges

Zero commission charge for foreign currency transactions

Fees and Charges

Keep your documents ready

  • Photocopy of current passport where your identity details, passport details, date and place of birth, and signature appear
  • Photocopy of valid work permit or employment visa
  • Photocopy of current passport where your identity details, passport details, date and place of birth, and signature appear
  • Photocopy of PIO Card or self-declaration for PIO as given on page 5 of the Relationship Form
  • Address and identity proof documents
    All the above photocopies should be attested in case you are downloading the account opening form and sending it to India.
    Attestation can be done by your banker abroad or the Indian Embassy or notary or equivalent authority as per the applicable law. The address proof must match with the communication address selected by you on the Relationship Form.

  • Any of the Following Address Proofs are Acceptable

    • Utility Bill
    • Driving License
    • Residence Permit (Govt. Issued Identity Card)
    • Credit Card Bills
    • Rent Receipt
    • Overseas or Indian Bank Statement
  • Copy of passport where identity details, passport details, date and place of birth, and signature appear
  • Photocopy of valid work permit or employment visa
  • Employment letter
  • Employer's letter confirming direct credit of salary to the account
  • Copy of passport along with copy of valid visa
  • CDC (Continuous Discharge Certificate)
  • Copy of duly accepted work contract
  • Declaration Letter as given on Page 5 of the Relationship Form

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