Thursday, Nov 21, 2002
Front Page |
Southern States |
Other States |
Science & Tech |
Advts: Classifieds | Employment | Obituary |
The "Citibank International Account'' comes with the added advantage of a cheque book facility that facilitates the making of payments directly, thereby avoiding the documentation involved now in making remittances abroad, it said.
With this facility, customers can now prevent losses due to intermittent conversions. Making payments through the cheque book facility too would be easier, thus allowing customers to use their foreign currency earnings and residual basic travel quota amounts efficiently, it said.
The account was being launched nationally and customers could hold any amount in the account as long as the foreign currency was earned through channels specified by the RBI.
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of