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Home > Personal Banking > NRI Accounts > Foreign Currency Accounts (FCNR)


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Exchange rate fluctuations can eat into your investments. Standard Chartered brings to you the FCNR (B) Account, an account that is designed to protect you from exchange rate fluctuations.
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> Tax free income earned on this account.*
> Freely repatriable Interest and Principal.*
> The option to freely convert the principal and interest to US Dollars, Pound Sterling or Euro.
> Secure Net Banking facility, to view your account balances
  Other Features
You can earn good returns on your earnings in foreign currency
> Initial funding: Remittance from abroad and transfer from existing NRE and FCNR accounts.
> Currency options for opening FCNR (B) deposits: USD, GBP, EUR, CAD & AUD.
> Tenure of 1 year to 3 years for USD*
> Attractive interest rates.
> Automatic renewal of deposits.
> Loans available against your deposit at attractive rates.
> Interest Rates
 
For FCNR (B) Deposits rates click here
 
How do I apply?
You can open an FCNR account with the assistance of any of our NRI Centres located across the world. Click on the list of NRI Centers. In case you are located in a place where we do not have an NRI Centre, you can write to us and we will assist you in opening your account.
 
To apply for an account, download the Application Form and submit it with the required documents to your nearest branch.
 
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*Conditions Apply

 

 

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