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    Inward Remittance from Foreign Employer

    @trispy Yes conversation rate apply and below market level. I am in the same situation as you but my payment are once every month so I don't mind the conversion difference. No there is no interest on the money parked. The worst part about this is that we cannot do online transfer. Any transfer...
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    Inward Remittance from Foreign Employer

    @lucianne Have you had a look at this type of account https://www.icicibank.com/Personal-Banking/account-deposit/resident-foreign-currency-domestic-account/eligibility.page?#toptitle
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