EEFC account restrictions: prohibition on term deposit status and reduced permissible foreign currency allocation limits The amendment prohibits the EEFC Account under Regulation 4 from being opened, held or maintained as a term deposit account and reduces the Schedule's permissible allocation limits by substituting 'up to 70 per cent' and 'up to 50 per cent' with 'up to 35 per cent' and 'up to 25 per cent' respectively; the changes take effect immediately as a partial modification of the earlier notification.