Nominee Remittance Rules

PPB Foreign Currency Accounts for Residents and Other Aspects Free JAIIB Capsule 31 views Updated
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PPB · Foreign Currency Accounts for Residents and Other Aspects
In the event of a resident account holder's death, can a resident nominee freely remit funds outside India from these foreign currency accounts?
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In the event of a resident account holder's death, can a resident nominee freely remit funds outside India from these foreign currency accounts?

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This capsule covers Principles & Practices of Banking, Foreign Currency Accounts for Residents and Other Aspects. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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