How do I open an FCNR deposit?
Opening an FCNR deposit is simple:
- Speak to your bank or Relationship Manager about opening an FCNR deposit.
- Obtain the funding instructions provided by your bank.
- Send your funds easily and at competitive FX rates with Instarem using your bank’s instructions.
- Your bank will process and place the funds into your FCNR deposit account.
Need help? Submit an enquiry.
Instarem is a payment service provider. The information in this Help Centre is for general guidance only and does not constitute financial, investment or tax advice. Please consult your bank and appropriate professional advisers before making financial decisions.
Related FAQs
What is an FCNR deposit? Which currencies can be held in an FCNR deposit? Does Instarem offer FCNR deposits? What type of account can I send money to for an FCNR deposit? How long does the transfer take? Is there a minimum or maximum amount for this transfer?Didn’t find what you were looking for?
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