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  • rfc account for returning nri, fcnr account, quick guide to open resident foreign currency account for returning nri, A 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...

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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, A 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, Non Resident External Account—Pros and Cons, Pros and Cons - External Account for Non Resident, Non Resident External Account—Pros and Cons

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    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, Currency Account, Resident Foreign Currency Account, Currency Account

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    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, foreign currency account, Who can open, Who can open a foreign currency account

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