|Currency||Minimum Balance||Profit Rate||Deposit Range|
|Euro||Rs. 50,000 equivalence in EUR||N/A||No Limit|
Foreign Currency Account – Faysal Bank FCY
In Pakistan, Faysal Bank FCY offers foreign currency (FCY) account options to its customers. The most popular currencies for Faysal Bank FCY are US Dollar (USD), Euro (EUR) and Pound Sterling (GBP). These are frequently used foreign currencies and maintain their value in the foreign exchange market. The features of Faysal Bank FCY are very similar to rupee accounts. The main difference is that only cheque books are issued in Faysal Bank FCY for withdrawal purposes. Additionally, cash deposits can only be made in the form of hard currency. Faysal Bank FCY does not offer the facility of currency conversions at the branch. Another point to note about Faysal Bank FCY is that foreign remittances can be transferred and received through this account.