![]() Foreign Currency Non-Resident (Banks) Account or FCNR-B are where NRIs, Persons of Indian Origin (PIOs) and Overseas Citizenship of India (OCIs) make deposits in foreign currencies approved by the Reserve Bank of India for 1-5.Foreign Currency Non-Resident (Banks) Account: ![]() Moreover, the funds can be easily transferred to another NRO or NRE account.Ĭ.
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