Localfund.com - All about Fund and Investment
*Home>>>Income Fund

How can an NRI remit currently Resident Rupee Balance to Canada?


What sort of NRI account can I open to remit rupee balance (funded from indian income source in savings only) for foreign remittance to USA or Canada? I require to remit both the Principal and the Interest. Any help would be much appreciated

-- Rahul Dey

Recentlly ICICI bank launches money transfer free of cost from India to anywhere for more details you can log on to the website of ICICI bank i.e www.icicibank.com and go on to the NRI account.

try citibank , its recently launched an NRI rupee account scheme, check it out , i think its the best, since its there all over the world & you can use to transfer from one account of citi to any other citi account free of cost..

Tags
  Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund   HYIP   High Yield   Hedge Fund
Related information
  • Roth IRA growth question?

    yes.

    ...
  • Are inheritance's from a grandparent left to grandchild taxable in New York State?

    As far as I know, the only state that taxes an inheritance is Pennsylvania. If the inheritance is from an IRA the the grandchildren would have to take distributions from the IRA over time, and the ...

  • Want to buy Treasury Bills and or Notes. Which ones?

    I might suggest buying a 50-50 mix. I myself prefer t-bills, but there certainly can be a case made for having some notes, especially when the fed decides to give money away which they may very we...

  • Real estate in KY?

    If you are simply going to rely on your income to get a loan then you will not be able to do it. There is going to be too much money to borrow and you will need to have experience with what you are...

  • Every year we have to pay taxes on 4/15. Shouldn't our return come out to $0 owed, if not get a refund?

    No, it's only an issue if you owe more than $1,000 at the end of each year. If you owe less than that, it's just a manner of whether you'd like to have a little bit more during the ...

  • Can i get a list of financial IT firms providing treasury software for Indian Banks?

    1.Synergy Log-In Systems Ltd,Chennai 2.D. E. Shaw India Software Private Limited, Hyderabad 3. VKC Software Solutions (P) Ltd ,Chennai 4. MVL Consulting Private Limited, #17, Laxman Villa Con...

  • 401k increase from stay at home spouse?

    The amount does not increase. You can only contribute up to the maximum standard and your spouse's job situation has nothing to do with it. You can open IRAs for yourself and your spouse a...

  • How should I invest money for my children's college?

    If you are saving for college expenses, you should take advantage of federal tax breaks aimed at families saving and paying for college. These include the following: Qualified Tuition Progra...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster