New RBI regulation on EEFC Account Forex Conversion.
Exchange Earners Foreign Currency Account (EEFC) Account holders were permitted to retain 100% of their Forex earnings in EEFC Account with any Authorised Dealers in India. This scheme has been reviewed now and it has been revised as follows :- 1) 50% of the balances lying in the EEFC Account should be transferred to Indian […]
New RBI regulation on EEFC Account Forex Conversion. Read More »