The funds must be present in the account for at least 1 month to earn the interest. Open your account today at city bank plc. A resident foreign currency account is a specific type of bank account for residents who have foreign currency earnings to manage.
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These accounts can be opened as term. Benefit from special interest rates on pfca fixed. It is particularly popular in countries.
Faq for how long do i need to keep my funds in the account to earn the interest?
Regulation 5 (4) of foreign exchange management (deposit) regulations, 2016 was amended to allow persons resident outside. Maximize your returns with flexible options. Explore our nfcd accounts for secure foreign currency deposits.