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Can these accounts be opened by an authorised dealer/ authorised bank without the prior permission of Reserve Bank?

April 26, 2017accounts authorised Bank Dealer opened permission prior Reserve

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Can these accounts be opened by an authorised dealer/ authorised bank without the prior permission of Reserve Bank?

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Yes. Funds for opening of or credit to NRE accounts have, however, to be remitted from abroad or tendered in the form of foreign currency notes, travellers cheques etc. while on a visit to India.