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Transfer funds from abroad in a freely convertible foreign currency. |
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Tender foreign currency notes/traveller's cheques brought to India by you or another NRI. |
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Transfer funds from an existing NRE/FCNR Account held in other banks Upon change of status from NRI to RI the responsibility of informing the bank remains with the customer. |
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NRO account can be held in Rupees only. |
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NRO accounts can be held jointly with Residents. |
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In case of change of status of a person from Resident to Non-Resident, his existing Resident Account has to be designated as an NRO Account. |
