ACCOUNT OPENING FORM OFF-SHORE BANKING UNIT
CURRENCY OF ACCOUNTS ( Please indicate by √)

( ) USD ( ) EURO ( ) GBP
 
Mode of Operation  ( ) Single ( ) Any of us or survivor(s) 
Please indicate by (√)  ( ) Either of us or survivor 
( ) Former of survivor
( ) All of us jointly or survivor(s)
 
INSTRUCTIONS: Please tick (√) your opinion 
 
( ) Please keep term deposit in safe custody
( ) Please remit interest by DD/TT to me at my Indian/ overseas address/ Bank A/c
( ) Credit interest to my Account No. _________with _________
( ) Please also record the nomination in the books of the bank as per details furnished.
( ) I/We do not wish to accord the nomination
( ) Please issue me/dispatch a cheque book (applicable in case of chequeable A/C)
 Please specify other instructions (if any) 
 
DECLARATIONS: (For all deposits)
 

I/We hereby declare that I am/we are not resident in India. (Please specify if any of the joint depositors is a resident Indian)
 
"I/We understand that the above deposits being placed with you are not covered by any deposit insurance or any other similar coverage".
 
I/We hereby declare that I am/we are, resident in India and are entitled to hold foreign currency deposits as per extant guidelines of the Reserve Bank of India and the Government of India.
  
I/We understand that the above account(s) will be opened on the basis of the statements/ declarations made by me/us and I/we also agree that if any of the statements/declarations made herein is found to be not correct in material particulars, you are not bound to pay any interest on the deposit made by me/us.
 
I/We agree that no claim will be made by me/us for any interest on the deposit(s) for any period after the date(s) of maturity of the deposit(s).
 
I/We agree to abide by the Bank’s rule/prevailing RBI guidelines for deposits in force from time to time.
 
I/We undertake not to make available foreign exchange to any person resident in India against reimbursement in rupees or in any other manner in India.
 
I/We undertake that in case of debits to the accounts for the purpose of investment in India and credits representing sale proceeds of investment, such investment/disinvestments would be as per general or special permission of Reserve bank of India.

 
FOR TERM DEPOSIT
 

I/We authorize the bank to automatically renew the deposit on the due date for an identical period unless the instructions to the contrary from me/us are received by the bank before maturity. I/We understand that the renewal will be in accordance with the provisions of Reserve Bank of India’s/Bank’s scheme in force at the time of renewal.

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