Rate Your Bank
 
Product Type :

Bank that you want to rate :

Product :

Pricing
Product Features
Customer Service
Convenience
Title


Review
Name


Email*


City


Verification Code
* Email:Required, will not be displayed.
Kindly fill in your details for Bank Account
* Customer name:
 
* Email:
* Mobile No:
I accept, understand & agree to always abide with the Important Terms & Conditions and the Privacy Policy of this website.I also agree to allow Rupeetalk to utilise any or all information I have entered, or will enter in the future on this website,in any such manner as Rupeetalk may deem fit.

Axis Bank Resident Foreign Currency Account

Axis Bank Resident Foreign Currency Account

 

  • Expert Rating
  • ratingratingratingratingrating
  • Avg. user Rating
  • ratingratingratingratingrating

 

  • Pricing
  • Product Feature
  • Customer service
  • Convenience

 

Member's Recomendation

0   0

0 review(s)
Expert Review | Write a Review

  • Account Type
  • Saving Account
  • Minimum balance
  • will be USD 100 or GBP 60 or EURO 100 or Yen 20,000.
  • Daily withdrawal limit
  • Rs. 40000
  • Free debit card
  • Free
  • Funds transfer facilities
  • FREE
  • Auto sweep FD facility
  • N.A.

Features and Benefits of Axis Bank Resident Foreign Currency Account

A RFC(D) account with Axis Bank entitles you a hassle free and safe avenue to park your foreign currency. It will also save you of commission charges; you otherwise would have to pay whenever you require foreign currency. The account facilitates your payments for foreign travel expenses, medical treatment abroad, gifts upto $ 5,000 or equivalent, education and purchase of books directly through the Internet. Moreover the ceiling less nature of this account entitles you to hold any amount of funds as against USD 2,000, which was the maximum limit to foreign exchange holdings by Resident Indians.

 

In recent times, investors have witnessed a lot of turmoil in the Forex markets. The fluctuations in the Rupee-Dollar rates have always been a cause of worry for frequent travelers and business class. A RFC(D) account with Axis Bank keeps your foreign currency insulated from adversities of Rupee depreciation.

 

We assure convenient and value-added banking with Axis Bank. Contact your nearest Axis Bank branch for account opening details.

Documents Required for Axis Bank Resident Foreign Currency Account

In order to open an account customer will have to submit the following documents.

NRI or PIO Account

  • For NRI (Non Resident Indian)
    • Photocopy of your current passport where your identity details, passport details, date and place of birth and signature appear
    • Photocopy of valid work permit or employment visa
  • For PIO (Person of Indian Origin)
    • Photocopy of your current passport where your identity details, passport details, date and place of birth and signature appear
    • Photocopy of PIO Card or self-declaration for PIO as given on Page 5 of the Relationship Form



All the above photocopies should be attested in case you are downloading the account opening form and sending it to India. Attestation can be done by your banker abroad or the Indian Embassy or notary or equivalent authority as per the applicable law.

The address proof must match with the communication address selected by you on this Relationship Form.
 

  • Any One Of The Following Address Proofs
    • Utility Bill
    • Driving License
    • Residence Permit (Govt. Issued Identity Card)
    • Credit Card Bills
    • Rent Receipt
    • Overseas or Indian Bank Statement
  • NRI Salary Account
    • Copy of passport where your identity details, passport details, date and place of birth and signature appear
    • Photocopy of valid work permit or employment visa
    • Employment Letter
    • Letter from the employer confirming direct credit of salary to the account
  • Mariners International Account
    • Copy of passport along with copy of valid Visa
    • CDC (Continuous Discharge Certificate)
    • Copy of duly accepted work contract
    • Declaration Letter (as given on Page 5 of this Relationship Form)

User Reviews

No Reviews

Give your contact details, our advisor will get in touch with you.
* Customer name:
* Mobile:
* Email:
* City:
* Your Post
* Please type the verification code:

Ask the Expert

Having difficulties with your existing credit card? have so many problems but no one to answer them?
Our experts will give you unbiased advise free from any sales intent.

Ask our experts and get your problem solved:

Call us on 1800 180 7575
(Mon-Sat 10AM to 5.30PM)
SMS 'rupee' to 56070

or submit your details here

 
Email This
* Your Name:
* Your Email:
* Friends Email:
(Separate multiple email addresses with commas.)
OR Send email using your contact list
* Your Message: