Foreign Currency Account definition

Foreign Currency Account means any current account, Fixed Deposit account or autosave account which are denominated in foreign currencies and any other type of accounts which the Bank may specify from time to time.
Foreign Currency Account means an account held or maintained in currency other than the currency of India or Nepal or Bhutan;
Foreign Currency Account means an Account denominated in a Foreign Currency.

Examples of Foreign Currency Account in a sentence

  • This would be in the event when the card has been issued to any other account holder other than a Personal Foreign Currency Account (PFCA) or a Business Foreign Currency Account (BFCA) and on the basis that the outstanding amounts are settled from inward remittances or transfers foreign currency accounts.


More Definitions of Foreign Currency Account

Foreign Currency Account means any current account, fixed deposit account or Savings Bank account which are denominated in foreign currencies and any other type of accounts which the Bank may specify from time to time.‘MAS’ means the Monetary Authority of Singapore 'Person'means any individual.
Foreign Currency Account means the account referred to in Part C.1 of Section II of Schedule 1 to this Agreement.
Foreign Currency Account means a bank account denominated in convertible currencies and permitted foreign currencies;
Foreign Currency Account means a bank account denominated in foreign currency.
Foreign Currency Account means a foreign currency account opened, maintained and operated in the name of the Customer, jointly or severally by the Authorized Signatories of the Customer for the purposes of present and/or future utilization of Banking Services.
Foreign Currency Account means a foreign currency-denominated Current Account which also serves as a Payment Account. For the types of Foreign Currency Accounts operated by the Bank, refer to the Announcement;
Foreign Currency Account means a savings account denominated in a currency other than Canadian dollars.