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<h1>Foreign shipping or airline branch offices in India must use INR accounts, not agents' foreign currency accounts.</h1> Agents of overseas shipping or airline companies can maintain a foreign currency account with the designated Authorized Dealer (AD) Bank in India even after the companies establish a Branch Office (BO) in India. However, the BO must conduct its transactions solely through its designated Indian Rupee (INR) account and must not process any transactions through the agent's foreign currency account.