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Foreign Currency Savings Account
Features
Offered in USD, EUR, GBP & AUD
Attractive interest rates
Customers can transfer money to their domestic NRE accounts and their Overseas Foreign Currency account from IBU deposit accounts.
TDS will not be deducted for the Interest earned.
Two free transactions per month*
Hassle free account opening process
*Conditions apply
How to open an account?
Who can Apply
- Non Resident Indian including Persons of Indian Origin (PIO) & Overseas Citizens of India (OCI)
- Foreign Nationals other than NRIs
How to Apply
- Opening Savings Account is very easy.
- For opening account, please contact IBU GIFT City at retail.ibu@federalbank.co.in or contact us at +91-79-68132303.
- You can also contact your home branch, your Priority Relationship Manager or IBU GIFT City.
Interest Rates & Service Charges
- For Interest rates, please visit Interest Rates page.
- For Service charges, please visit Fees & Charges page.