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Can an NRI authorise a close relative to operate his NRE account?

April 26, 2017account authorise NRE NRI operate relative

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Can an NRI authorise a close relative to operate his NRE account?

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Yes, by giving a Letter of Authority in the specified format to the Branch in which he is having his account. The authority to operate the account is only for local disbursements. The close relative who is authorised will not have the power to make gifts, transfer the account or close the account.