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  • Currency Account, Currency Account, what is a resident foreign currency account, Resident 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: RFC account., Resident Foreign, What is a Resident Foreign Currency Account, Resident Foreign Currency Account

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    foreign currency non resident account, types of foreign currency account, quick guide to open resident foreign currency account for returning nri, Resident 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: eefc account axis bank, rfc account, resident foreign currency account hdfc, resident foreign currency account hdfc

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

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