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Can money transferred from NRE account to NRO account be transferred back to NRE account?

April 26, 2017account money NRE nro transferred

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Can money transferred from NRE account to NRO account be transferred back to NRE account?

2 Answers

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Money once credited into NRO account cannot be transferred back to NRE account. Amount once transferred to NRO account will become non-repatriable.

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No. However, funds derived by remittances from abroad and which cannot be said to have lost their identity as remittable funds, can be transferred back to NRE account of the NRI.