I do P2P transaction in Huobi platform. But to make payment I'm using savings bank account. And also to receive the payment I'm using the same bank account. As per RBI rule I can make deposit of 10 lakh per financial year. I want to do 1 lakh transaction per day. What is the solution.
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Regarding savings account transaction
Replies (7)
Query is not clear...
are you asking about SB account...??
or Business transaction...?
what is RBI rule as you said....???
are you asking about SB account...??
or Business transaction...?
what is RBI rule as you said....???
As per RBI rule one can deposit maximum 10lakh in one financial year(including cash and ecs and UPI deposit everything) in a Bank savings account.
If I want to do more deposit what is the solution.
The said limit is for Cash deposit...
The said limit is not cash deposit.
| Originally posted by : sabyasachi mukherjee | ||
 |
The said limit is not cash deposit. |  |
Then what Ji...
Open Current account and keep depositing any amount
I will ask the querist to post the rbi circular.
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