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EEFC

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(Querist)
18 June 2010 What is meaning of eefc.

Please reply immediately.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
18 June 2010 Full form is Exchange Earners Foreign Currency Account (EEFC). It is an account maintained in foreign currency with an Authorised Dealer, i.e a bank dealing in foreign exchange.
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Ranjeet

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Ranjeet (Querist)
18 June 2010 Thank u for reply.
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