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Back to Top of Index Question-11: Can these accounts be opened by an authorised dealer/authorised bank whithout the prior permission of Reserve Bank ?

April 26, 2017accounts authorised Bank Dealer index opened permission prior whithout

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Back to Top of Index Question-11: Can these accounts be opened by an authorised dealer/authorised bank whithout 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.