Foreign currency accounts access: re insurance and composite insurance brokers may hold non interest accounts for business transactions. Re insurance and composite insurance brokers registered with the insurance regulator may open and maintain non-interest bearing foreign currency accounts with Category I Authorised Dealer banks in India for transactions in the ordinary course of their business; Authorised Dealers must inform constituents and the Master Direction on Deposits and Accounts will be updated to reflect this change, subject to other legal permissions.