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Foreign Currency Current Account for Resident

Foreign Currency Current Account for Resident

Features

 

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Non Interest Bearing Account which can be availed in USD, EUR, GBP & AUD
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As per FEMA guidelines, Current Account can be opened only for the purpose of investing in Overseas Securities under LRS.

 

How to open an account?

Who can Apply

  • Resident Indians

How to Apply

  • Opening Current 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