Remittance of assets by foreign nationals - Opening of NRO Accounts

Last updated: 10 June 2011

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Remittance of assets by foreign nationals - Opening of NRO Accounts RBI/2010-11/560 A.P. (DIR Series) Circular No. 70 June 9, 2011 To All Category - I Authorised Dealer Banks Madam / Sir, Remittance of assets by foreign nationals- Opening of NRO Accounts The foreign nationals employed in India holding valid visas are eligible to maintain resident accounts with an Authorised Dealer Category - I (AD Category-I) bank in India. The AD Category-I banks are required to close the r

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Notification No : A.P. (DIR Series) Circular No. 70

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