|Definition||:||Foreign Currency Non-Resident|
|Category||:||Business » Banking|
What does FCNR mean?
Foreign Currency Non-Resident (FCNR) is a fixed deposit account held in foreign currency of choice. The deposits to this account can be made in any of the major foreign currencies.
Frequently Asked Questions (FAQ)
What is the full form of FCNR?
The full form of FCNR is Foreign Currency Non-Resident