The full form of RCA in banking can refer to Roaming Current Account, a specific product offered by some banks.
Roaming Current Account (RCA) Explained
ICICI Bank offers a Roaming Current Account (RCA) designed to facilitate business operations across multiple locations. This account allows businesses to manage their finances from any of the bank's branches throughout India.
Key Features of RCA:
- Anytime, Anywhere Banking: Operate your account from any branch of the bank across India.
- Facilitates Business Relationships: Helps businesses manage transactions and build relationships across different geographic locations.
- Convenience: Simplifies banking for businesses with operations in multiple cities.
| Feature | Description |
|---|---|
| Account Accessibility | Operate from any branch across India |
| Target Audience | Businesses with operations in multiple locations |
| Benefit | Simplifies multi-city banking and facilitates business relationships |
