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  • foreign currency, foreign currency, who can open a foreign currency account, Foreign currency account

    Who can open a foreign currency account? 2013-09-30 06:23:49

    A person resident in India who has gone abroad for studies or who is on a visit to a foreign country may open, hold and maintain a Foreign Currency Account with a bank outside India during his stay outside India,...

    Keywords: foreign currency, Who can open a foreign currency account, foreign country, foreign currency

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    Pros and Cons - External Account for Non Resident, Pros and Cons - External Account for Non Resident, pros and cons external account for non resident, Foreign currency account

    Pros and Cons - External Account for Non Resident 2013-09-30 05:56:25

    Persons of Indian nationality or origin residing outside of India may open, with authorised banks in India, Non-resident External Accounts (NRE Accounts), designated in rupees. These accounts can be in savings, current, or term deposit accounts. Opening of NRE Accounts...

    Keywords: Non Resident External Account—Pros and Cons, Non Resident External Account—Pros and Cons, Non Resident External Account—Pros and Cons, Non Resident External Account—Pros and Cons

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    foreign currency non resident account, nre account, quick guide to open resident foreign currency account for returning nri, Foreign currency account

    Quick Guide to Open Resident Foreign Currency Account for Returning NRI 2018-12-31 04:47:48

    A returning Non-Resident Indian (NRI) would have assets and bank accounts abroad, as well as income generated from these assets would be in a foreign currency. According to the report, a returning NRI has the option of bringing the funds...

    Keywords: nre account, returning nri, fcnr account, resident foreign currency account sbi

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    What is a Resident Foreign Currency Account, Currency Account, what is a resident foreign currency account, Foreign currency account

    What is a Resident Foreign Currency Account? 2013-09-30 06:18:49

    Returning NRIs /PIOs may open, hold and maintain with an authorised dealer in India a Resident Foreign Currency (RFC) Account to transfer balances held in NRE/FCNR (B) accounts. Proceeds of assets held outside India at the time of return can...

    Keywords: Resident Foreign, Resident Foreign, Resident Foreign Currency Account, RFC account.

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