How do I open an FCNR deposit?

Opening an FCNR deposit is simple:

  1. Speak to your bank or Relationship Manager about opening an FCNR deposit.
  2. Obtain the funding instructions provided by your bank.
  3. Send your funds with Instarem using your bank’s instructions.
  4. Your bank will process the funds and place them into your FCNR deposit account.

Related FAQs

What is an FCNR deposit? Which currencies can be held in an FCNR deposit? Does Instarem offer FCNR deposits? What type of account can I send money to for an FCNR deposit? How long does the transfer take? Is there a minimum or maximum amount for this transfer?

Didn’t find what you were looking for?

Have a Personal Instarem account?

  1. Log in to your account on the Instarem app or web.
  2. Go to your Profile section.
  3. Tap on Help.
  4. Search for the relevant topic.
  5. Raise a ticket or chat with us if you didn’t find what you were looking for.

Have a Business Instarem account?

  1. Log into your account on the Instarem business portal.
  2. Tap on Help.
  3. Search for the relevant topic.
  4. You can raise a ticket by:
    • Clicking Submit a request at the top-right corner of the Help Centre page, or
    • Clicking Raise a ticket after selecting a topic or FAQ.
  5. We’ll get back to you once your request is submitted.
close icon

Change location and language

You are on our United States of America website. Select below to change to another location.