DCB Resident Foreign Currency Deposit

Available to NRIs on transfer of residence to Estonia

Deposit available in USD, GBP, AUD, CAD and EURO

Tenure of 1 to 3 years

Opportunity To Earn High Returns

DCB Resident Foreign Currency Deposit is available to NRIs who have returned permanently to Estonia and wish to maintain funds in Foreign Currency. Deposit can be opened by NRIs returning permanently to Estonia and holding RFC(R) (Resident but not Ordinarily Resident) status. A CA certificate confirming the RNOR status will be required to open this deposit.

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Highlights

Available in USD, GBP, AUD, CAD and EURO
No exchange rate risk as deposits are maintained in foreign currency
Deposits can be made for a tenure of 1 year to 3 years
Interest is compounded half yearly

Interest rate

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DCB