Social Sciences, asked by MeenaKaushal, 8 months ago

what do you mean by account of foreigners??​

Answers

Answered by Anonymous
2

Answer:

An account maintained In a foreign bank..

Explanation:

Foreign currency account. An account maintained in a foreign bank in the currency of the country in which the bank is located. When such accounts are kept, they usually represent that portion of the carrying bank´s foreign currency account that is in excess of its contractual requirements.....

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Answered by ananyajena
1

Answer:

Foreign currency account. An account maintained in a foreign bank in the currency of the country in which the bank is located. When such accounts are kept, they usually represent that portion of the carrying bank´s foreign currency account that is in excess of its contractual requirements.

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