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NRI Accounts - ICICI

Chalanachithram.com DB » New TF Industry Related » Archive through April 20, 2017 » NRI Accounts - ICICI « Previous Next »
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Chantichanti
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Username: Chantichanti

Post Number: 1948
Registered: 08-2008
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Posted on Thursday, April 20, 2017 - 02:32 pm:       


Alochinchu:

from which account? NRE or NRO?




I believe from both the accounts.

NRE - You can deposit only dollar amount
NRO - You can deposit rupee as well
 

Alochinchu
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Username: Alochinchu

Post Number: 2044
Registered: 03-2008
Posted From: 65.51.27.4

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Posted on Thursday, April 20, 2017 - 02:26 pm:       


Saint:

You can bring back uncle if its white and tax is paid properly on that money..




from which account? NRE or NRO?
 

Saint
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Username: Saint

Post Number: 68774
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Posted on Thursday, April 20, 2017 - 02:15 pm:       


Saarang:


You can bring back uncle if its white and tax is paid properly on that money...if not, mana ammamma , thathayya la chetha gfits kinda techukotame...year ki 100k or someting limit vundali...
 

Whitecollar
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Username: Whitecollar

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Posted on Thursday, April 20, 2017 - 02:10 pm:       


Saarang:




Bro, I have ICICI account. Iphone konnaka messages like OTP ravatledhu.. has anyone expericend this?
 

Kranth1
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Username: Kranth1

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Posted on Thursday, April 20, 2017 - 01:49 pm:       

Alchinchu, alochinchi open cheyyalsindhi:-)
"Every twist, every turn, can challenge our sense of direction. But it's the choices we make when we reach a fork in the road that define who we are." - Dexter
 

Saarang
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Username: Saarang

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Posted on Thursday, April 20, 2017 - 01:39 pm:       


Alochinchu:

Last time India vellinappudu i opened NRE and NRO accounts at ICICI Bank.

What is the difference between those two? Which account we can use to move money from India to US? What is the limit?




Neither can be used for this purpose. NRE accoounts can only be funded with money from abroad and you will be able to get it back. NRO accounts can be funded from abroad or India..but there is not straight forward way to bring it back.


Alochinchu:

Do you have plan to convert the assets or investments in India and move the money to US? Is this true that we can do 2Cr per year?




Interested in learning more about this as well. Ippatiki I never brought money from India...stopped sending to India a few years back. Now, I am in a wait and watch mode...as I am not sure where I will be long term.
 

Alochinchu
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Username: Alochinchu

Post Number: 2036
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Posted on Thursday, April 20, 2017 - 12:41 pm:       

Last time India vellinappudu i opened NRE and NRO accounts at ICICI Bank.

What is the difference between those two? Which account we can use to move money from India to US? What is the limit?

Do you have plan to convert the assets or investments in India and move the money to US? Is this true that we can do 2Cr per year?

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