Exchange Earners' Foreign Currency
EEFC : Exchange Earner's Foreign Currency Account
Exchange Earner's Foreign Currency Account (EEFC): With an EEFC Account, exporters and importers can now rest easy...That is right, ICICI Bank's EEFC Account is just what you need to protect your bottom line from potential losses due to exchange rate fluctuations. Quite simply, it enables you to retain any foreign currency earned abroad for as long as you want. You can also convert it into Indian Rupees whenever you want. This insulates you from any market volatility. You can maintain a zero balance EEFC account with us, pertaining to all major currencies.
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