Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What type of bank accounts are to be given at the time of account opening and subsequently (by way of change of details)?

April 26, 2017account bank accounts given opening subsequently time type

0

Posted

What type of bank accounts are to be given at the time of account opening and subsequently (by way of change of details)?

1 Answer

0

Posted

• The bank details recorded by the branch Depository Participant may be used by the issuer of securities to directly credit the dividend or interest. • The following bank accounts may be given: For non-repatriable – NRO [dividend/interest is repatriable] – For repatriable – NRE.