Foreign Currency Accounts
Our Foreign Currency Account is available to open in 3 different overseas currencies. This account is designed to help you spend abroad, or to invest in overseas or local markets.
If you are a frequent user, or get paid in foreign currency, then our Foreign Currency Account is the safest and most trusted account for you.
You can choose from 3 different currencies:
- USD: US Dollar
- EUR: Euro
- SGD: Singapore Dollar
It is a non-interest earning account that gives you instant and convenient access to your foreign currency, either by using a complimentary passbook, or a complimentary checkbook. We also offer Letter of Credit services and fast and efficient, Telegraphic Transfer (TT) services.
You can also participate in competitive bidding and, of course, as with all of our bank our accounts, you have access to 24/7, friendly customer service.
Application Checklist
- 1x Copy of NRC
- 100 units in the currency of account type initial deposit (e.g. USD 100 for US Dollar account) Terms & Conditions:
Terms & Conditions
- Maximum withdrawal limit per transaction: USD 5,000 or equivalent in other currency
- Maximum withdrawal limit per week: USD 10,000 or equivalent in other currency
Correspondent Banks in - India and Thailand
- Punjab National Bank
- Siam Commercial Bank PCL.,
For more information, write to us at ibdremit@agdbank.com, and we will get back to you.