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Your Gateway to International Banking
Current Account, offered through our IBU GIFT City presence.
Created for businesses operating in the International Financial Services Centre (IFSC) at GIFT City as well as eligible foreign entities and Indian subsidiaries with international exposure, this account serves as a secure and efficient gateway to international banking. It is purpose-built for entities engaged in cross-border commerce, offering a compliant and frictionless platform to manage global financial operations and foreign currency transactions. The account combines a modern digital experience with relationship-led service. At IDFC FIRST Bank, we aim to simplify global transactions while ensuring safety, reliability, and personalised support, thereby empowering your business to operate seamlessly across borders.
Choose between US Dollar (USD) and Euro (EUR) for your account denomination.
Maintain flexibility with no minimum balance required and zero fee banking, helping you save more.
This account is designed for complete transactional convenience. The USD current account provides interest of 3.25 %p.a. on a quarterly basis.
Send and receive funds across borders with swift processing. Track your transfers end-to-end with complete transparency and control.
Single Mobile App to manage your entire banking relationship. Access accounts, make payments, wherever you are.
Access value-added solutions such as term deposit offerings at GIFT City to optimise surplus funds efficiently.
Entities having a presence in GIFT City
Eligible foreign entities and corporates
Enjoy Zero Fee Banking on your GIFT City Current Account
To get the list of correspondent bank details click here.
Entities having a presence in GIFT City & Eligible foreign entities and corporates
Click here for the application form
Check for the list of required documents for Fixed Deposit booking.
• Entities Present in IBU
• Overseas entity
Online: You can write to us at service.gift@idfcfirstbank.com or contact your Relationship Manager to initiate the process.
Fill out the prescribed GIFT City current account opening form
Submit required KYC documents as per the constitution
Complete your document verification
Receive your account details post approval
Start operating your account
Offline: You can also visit the nearest IDFC FIRST Bank branch.
Entities with a presence in IFSC GIFT City, as well as all eligible foreign entities and subsidiaries of Indian entities, can open a GIFT City Current Account.
The account can be maintained in USD and EUR.
No. The GIFT City Current Account is a zero-balance account, meaning there are no minimum balance requirements.
No. Chequebooks and debit cards are not provided with the GIFT City Current Account.
To open an account, please contact your Relationship Manager or visit your nearest branch. You can also write to us at: service.gift@idfcfirstbank.com.
You can monitor your account through the following channels:
• Internet Banking and Mobile Banking
• 24x7 Banker on Call
• Monthly email statements sent to your registered email ID
• Alerts via email and SMS