What does EEFC mean? What is the full form of EEFC?
The Full Form of EEFC is Exchange Earners’ Foreign Currency.
Exchange Earners’ Foreign Currency Account (EEFC) is an account maintained in foreign currency with an Authorised Dealer Category – I bank i.e. a bank authorized to deal in foreign exchange. It is a facility provided to the foreign exchange earners, including exporters, to credit 100 per cent of their foreign exchange earnings to the account, so that the account holders do not have to convert foreign exchange into Rupees and vice versa, thereby minimizing the transaction costs.
EEFC
means
Exchange Earners’ Foreign Currency
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Do you want to know What does EEFC mean? What is the full form of EEFC?. Are you looking for What does EEFC mean? What is the full form of EEFC? What is EEFC stand for? On this page, We talk about the various possible acronym, abbreviation, full form or slang term of EEFC. The Full Form of EEFC is Exchange Earners’ Foreign Currency
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