Exchange Earners’ Foreign Currency (EEFC) Account Scheme

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....r Sirs, Exchange Earners' Foreign Currency (EEFC) Account Scheme Attention of authorised dealers is invited to paragraph 2 (ii) of the A.P.(DIR Series) Circular No. 6 dated 14^th August, 2000 advising that 100% Export Oriented Units or a unit in (a) Export Processing Zone or (b) Software Technology Park or (c) Electronic Hardware Technology Park may credit 35%, and any other person resident ....

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....ould be made available against the EEFC balances. Existing credit facilities, if any, should be withdrawn on expiry of the period for which the credit was extended. 4. All other terms and conditions of the Scheme contained in the Schedule to the Reserve Bank Notification No.FEMA10/2000-RB dated 3^rd May, 2000 and as amended vide Reserve Bank's Circular dated 14^th August, 2000, referred to abov....