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Foreign currency non resident (FCNR) account Who can open an account?

April 26, 2017account currency FCNR foreign resident

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Foreign currency non resident (FCNR) account Who can open an account?

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FCNR(B)- NRIs or OCBs other than Individuals/entities of Bangladesh/Pakistan Nationality/ownership. NRE – NRIs or OCBs other than Individuals/entities of Bangladesh/Pakistan Nationality/ownership. NRO – Any person resident outside India other than Individuals/entities of Bangladesh/Pakistan Nationality/ownership.