How can foreigner open an bank account in india?

Let’s learn how can foreigner open an bank account in india. The most accurate or helpful solution is served by Yahoo! Answers.

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Answer:

Yes you can

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Punjabi national bank and foreigner investment?

I've heard that a foreigner can open an account with the bank of Punjabi and get 9.8% in a long term investment. Has anyone done this as a foreigner? Can you withdraw your ruppee investment back into USA or euro dollars in my home country? Are investment...

Answer:

If you have NRE account, then you can take the money back. You can open account with any bank in India...

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I want to transfer money from india ICICI bank India Local saving account to Singapore (DBS bank)?

Hi I want to transfer money from india ICICI bank India Local saving account to Singapore (DBS bank) 1)can i know how i can do this from Singapore and what are documents will need in order to do this transaction from Singapore 2)what is maximum amount...

Answer:

You need to contact your bank in India to arrange the transfer. They will be the best people to tell...

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Is NRI money sent to joint bank account (w/parent) in India taxable/subject to TDS in India?

My bank a/c in India is a joint account with my parent a senior citizen. Is the $ money I send as an NRI through direct bank to bank deposits taxable to my parent in India? TDS is being applied. Is this correct? Can NRIs gift money to parents, brothers...

Answer:

No tax shall be deducted on the money transfer to ur joint account. If the bank is doing this, get in...

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How do I transfer money to a U.S. bank account from India?

I need to transfer $1025/- to a Bank of America account in New York. What are the various methods of wiring money from India to that account? Which is cheapest way? I have a savings account in Axis Bank in India. Would it be possible to directly transfer...

Answer:

You can wire transfer it. It may cost you like 20$.

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Best process of transferring money into end user's bank account in India?

Hi, In India , need is to online transfer money from system's bank account to end user's account(# users will be thousand's in number) . In my knowledge, there is API to receive the money from end user's account to System's account but not vice versa...

Answer:

You do not mention in what country you are in. In the USA the Wells Fargo Bank has a connection with...

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Best Bank in INDIA for Current Account in India?

Which Bank would be best for Current Account? In Future we should be able to get funding for future projects. i have salected below for banks so pelase tell me your choice with one is good or any other bak State bank of INDIA Punjab national bank ICICI...

Answer:

corporation bank

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What kind of bank account should an online worker have to receive money from PayPal in India?

Will a savings account suffice? I was planning on working online as part-time .I dont have a credit card or even a bank account as of now.I was wondering what kind bank account is needed to withdraw money from paypal . And also does a savings bank account...

Answer:

You need the following to open a verified Paypal account. - PAN Card - Bank account (Savings or Current...

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What's bank offer nonresident account  for foreigner in Canada?

I travel to Canada for 1 week. But I  go shopping and have no money. I have no money to pay for my bill. I must have a account to withdrawal my money . But  bank in Canada just like BOA CIBC RBC...etc They don't accept foriegner open nonresident account...

Answer:

Visitors from foreign countries do not normally need to open local bank accounts. There are several...

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Now I am a OCI residing i UK i have a bank account in India while I was in India?

now I am a OCI residing i UK i have a bank account in India while I was in India as Indian citizen can I operate that account. will I have to apy income tax on the interest earned

Answer:

If the interest earned on that account is more than Rs. 1,60,000 in a financial year (for men) Rs. ...

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