This is a foreign currency account that can be funded through foreign/local remittance and cash deposit
Target Market
Individuals, HNIs. Suitable for individuals that wants a foreign currency account
Product Features and Benefits
- Opening balance $10,000 (€, £) or its equivalent in € & £
- Direct remittances
- Interest payment on deposit
- Foreign and home remittances
- Commission per transfer of 1% of transaction amount.
- Telex charge flat fee of $50
- Withdrawals in foreign denominated currencies
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