Why Choose ICICI Bank’s EEFC Current Account for Forex Management?
Eligibility Criteria to Open EEFC Current Account
EEFC Current Account FAQs
How can I open an EEFC Current Account with ICICI Bank?
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You can get in touch with your Relationship Manager or give a missed call on 92 0548 0548.
Do banks pay interest on these accounts?
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EEFC Current Accounts are non-interest bearing accounts to park your foreign earnings for a short-term.
How much foreign exchange earnings can be credited to an EEFC Current Account?
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100% of the foreign exchange earnings can be credited to an EEFC Current Account. It is subject to the condition that there needs to be mandatory conversion of unutilised EEFC balances by subsequent month-end, after adjusting for utilisation of the balances for approved purposes or forward commitments.