Can deposits like fdrs amount from nro be remiited abroad ?
This query is : Resolved
14 April 2013
I wonder whether Resident migrating to USA
and changing Resident Bank Savings Account
into NRO Savings Account be able to remmit
Deposits,Fix Deposits amount either on maturity or Otherwise?
I understand Interest and Dividends canbe be remiited from NRO bank accounts.
Please advice.
Thakkar
and changing Resident Bank Savings Account
into NRO Savings Account be able to remmit
Deposits,Fix Deposits amount either on maturity or Otherwise?
I understand Interest and Dividends canbe be remiited from NRO bank accounts.
Please advice.
Thakkar
CA. Anuj Gupta
(Expert)
14 April 2013
Yes the deposits can be transferred to US.
Anuj
femaquer@gmail.com
Anuj
femaquer@gmail.com
Message likes :
1 times
02 June 2013
Yes this amount can be repeated back to US but for that the certificate from CA is required and I also agree with the expert.
Message likes :
1 times
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