Dear All,
What is the procedure for transferring funds (savings or fixed deposit) from NRO bank fixed deposit account of an NRI to his NRE fixed deposit account ?
Dear All,
What is the procedure for transferring funds (savings or fixed deposit) from NRO bank fixed deposit account of an NRI to his NRE fixed deposit account ?
Contact to nearby CA , his certification is mandatory,
he will guide you.
There's no need for anything special if the transfer is not related to a business or professional income earning a activity.
If at all, the bank will ask for an explanation. And if the bank doesn't need anything then you don't need to worry either.
Karia Overseas
Ahmedabad
CA
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R P S K & Associates
Nashik
CA Inter
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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CAclubindia
