| Author | Message | ||
     Methati_idly Comedian Username: Methati_idly Post Number: 1864 Registered: 01-2012 Posted From: 167.83.210.21 Rating: N/A |
good post..aina mrHyd laati poojyul and kuberul NRO.NRE undacha laati bull picassa kochens enti same bank tho oke app form lo nro nre laki apply sesestunar sodarul | ||
| Mental_sachinodu Side Hero Username: Mental_sachinodu Post Number: 7431 Registered: 10-2008 Posted From: 208.85.128.5 Rating: N/A |
raithu unkle, good info .. saana thanks the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada | ||
| Vasista Junior Artist Username: Vasista Post Number: 11 Registered: 05-2012 Posted From: 24.17.132.24 Rating: N/A |
What is the best way to open NRE from US?(the funds are emergency funds). instead of sitting in bank here with 0.025% interest, if i want to deposit in NRE and wire them back if needed. | ||
| King Side Hero Username: King Post Number: 3377 Registered: 08-2008 Posted From: 208.185.201.194 Rating: N/A |
you should be able to do wire... Ashton - I'm living an Amish lifestyle. so far so good. | ||
| Amigo Junior Artist Username: Amigo Post Number: 971 Registered: 05-2011 Posted From: 144.160.226.53 Rating: N/A |
Ask the bank where your NRE account is the procedure to withdraw in USD. One of the options I know is they send a check to you. | ||
| 999 Junior Artist Username: 999 Post Number: 21 Registered: 06-2012 Posted From: 207.106.153.102 Rating: N/A |
Total money deposited to NRE US$5000 Can I transfer NRO to NRE Rs 5 laks (equivalent of US$10,000)? How do I withdraw money from NRE account in US? | ||
| King Side Hero Username: King Post Number: 3376 Registered: 08-2008 Posted From: 208.185.201.194 Rating: N/A |
vaake rajugaru Ashton - I'm living an Amish lifestyle. so far so good. | ||
| Rajusk Megastar Username: Rajusk Post Number: 22390 Registered: 02-2008 Posted From: 192.234.99.11 Rating: N/A |
after talking..zara ee thread bumping sesukondi..or another thread vesukondi fleez..with more info...shortly I will need it.. | ||
| Rajusk Megastar Username: Rajusk Post Number: 22389 Registered: 02-2008 Posted From: 192.234.99.11 Rating: N/A |
have it for 10+ years..both accounts..although I don't transfer on regular basis..
thanks for this info | ||
| King Side Hero Username: King Post Number: 3374 Registered: 08-2008 Posted From: 208.185.201.194 Rating: N/A |
Just checked my accounts..I am able to transfer funds between NRE and NRO and Viceversa..Will talk to manager tonight and get more clear picture. Ashton - I'm living an Amish lifestyle. so far so good. | ||
| Amigo Junior Artist Username: Amigo Post Number: 969 Registered: 05-2011 Posted From: 144.160.226.53 Rating: N/A |
NRE - U can deposit Dollars only...U cannot deposit rupees in this account... - You deposit in dollars, but funds will be converted to rupees in account. When you want to repatirate they will convert back again. | ||
| Komaranna Side Hero Username: Komaranna Post Number: 2649 Registered: 07-2010 Posted From: 12.34.246.78 Rating: N/A |
taht means desam lo property ammukuni legal ga inkkadiki $ lo techhukovahchhu anukunta using NRO btw good helpful post | ||
| Farmer Side Hero Username: Farmer Post Number: 2739 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
No, because u cannot deposit rupees in NRE u have to deposit that money in Nro, then repatriate....(which is tough and needs rbi paperwork)...or transfer from Nro to Nre and then repatriate | ||
| King Side Hero Username: King Post Number: 3372 Registered: 08-2008 Posted From: 208.185.201.194 Rating: N/A |
suppose I move funds from NRE to third party account and can I deposit the money back into nRE in rs and then repatriate? Ashton - I'm living an Amish lifestyle. so far so good. | ||
| Farmer Side Hero Username: Farmer Post Number: 2737 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
hyder, inka confusion anavasaram....what I posted is what I heard directly from the horse's mouth...u can hold both accounts at the same time....in fact u can open both at the same time | ||
| Ipad Junior Artist Username: Ipad Post Number: 828 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
No Mastaru. Same Bank, The application is for both NRE AND NRO. Same application Both were opened same place, same branch, same time Nothing like back door entry | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 8936 Registered: 01-2008 Posted From: 98.221.83.14 Rating: |
there is a difference. U may not have disclosed about other a/c while opening another. Desam lo vunna loop holes tho 'u can' open any account. usa lo vundi india lo resident a/c kuda open cheyochu. BUT can you do it legally or not is another topic. Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Ipad Junior Artist Username: Ipad Post Number: 826 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
Sir i opened recently with IDBI, please donot confuse DB members any more we can open both | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 8935 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
i don't think you can have both at the same time. Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Maverick Legend Username: Maverick Post Number: 38781 Registered: 01-2008 Posted From: 204.86.209.200 Rating: N/A |
>>so, it is better to open both nro and nre...that will give u lot of flexibility procedure kooda kannukoni inko thread vey..detailed ga Who is this DB member? | ||
| Farmer Side Hero Username: Farmer Post Number: 2736 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
yess..you are right...rules have changed recently | ||
| Ipad Junior Artist Username: Ipad Post Number: 822 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
Good Post Babai. So as per you last statement "NRE - U can deposit Dollars only...U cannot deposit rupees in this account.." is not always true as i told u previously we can move from NRO - NRE in RS | ||
| Ustad Hero Username: Ustad Post Number: 10388 Registered: 07-2008 Posted From: 206.29.176.51 Rating: N/A |
Bookmarked this thread for future reference. Fan of Fab 5: Sachin, Rahul, Saurav, Laxman and Kumble. | ||
| Farmer Side Hero Username: Farmer Post Number: 2733 Registered: 03-2012 Posted From: 74.63.112.144 Rating: |
call chesi bank valla chevulu korikesaa....plus google...chala mandi confuse chesaar...ippudu clarity vachindi naaku........will post complete info.. NRE and NRO accounts can be current or savings or FD...i will not talk about "Fixed Deposit" accounts here NRE - U can deposit Dollars only...U cannot deposit rupees in this account... NRO - U can deposit Dollars or Rupees... NRE - Funds are freely repatriable..whatever dollars u deposit in this account, u can bring them back... NRO - previously NRO funds are non repatriable...but RBI has changed the law recently...so NRO funds are repatriable upto 1 million....but repatriation from NRO account is much tougher...lot of paperwork.. Repatriable - retrieving funds that u deposit in these accounts, back to us currency... another important recent development --- previously transfer of funds was allowed from NRE to NRO, but not the other way...again, rules have changed recently....and U can transfer funds from NRO to NRE...i think this is a significant development....endukante, if u sell a property in India, u can deposit those rupees into your NRO account (as long as the money is "thelupu"), then transfer them to your NRE account and u can move that money here... so, it is better to open both nro and nre...that will give u lot of flexibility  |
