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Can foreign exchange earnings received through an international credit card be credited to the EEFC account?

April 26, 2017account credit card credited Earnings eefc foreign exchange International received

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Can foreign exchange earnings received through an international credit card be credited to the EEFC account?

1 Answer

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Yes, foreign exchange earnings received through an international credit card for which reimbursement are provided in foreign exchange may be regarded as a remittance through normal banking channels and can be credited to the EEFC account.