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        FEMA

        Regulation 4 - Opening, Holding and Maintaining an Exchange Earner's Foreign Currency Account

        Foreign Exchange Management (Foreign Currency Accounts By A Person Resident In India) Regulations, 2000

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        Exchange Earner's Foreign Currency Account: residents may open and maintain such accounts with authorised dealers subject to scheme terms. A person resident in India may open, hold and maintain an Exchange Earner's Foreign Currency (EEFC) Account with an authorised dealer in India, subject to the terms and conditions of the Exchange Earners' Foreign Currency Account Scheme specified in Schedule I.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Exchange Earner's Foreign Currency Account: residents may open and maintain such accounts with authorised dealers subject to scheme terms.

                            A person resident in India may open, hold and maintain an Exchange Earner's Foreign Currency (EEFC) Account with an authorised dealer in India, subject to the terms and conditions of the Exchange Earners' Foreign Currency Account Scheme specified in Schedule I.


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