SBNRI Team
answered on 25/01/2023
Repatriation refers to the transfer of funds (both principal amount and the interest earned on the deposit) from any of the NRI Accounts [NRE/NRO/FCNR (B)] from India to the overseas bank account of the NRI in his/her country of residence. The process of repatriation of funds from India to Dubai through your NRI Accounts […]
SBNRI Team
answered on 24/02/2023
Repatriation refers to the transfer of funds (both principal amount and the interest earned on the deposit) from any of the NRI Accounts [NRE/NRO/FCNR (B)] from India to the overseas bank account of the NRI in his/her country of residence. The process of repatriation of funds from India to Saudi Arabia through your […]
SBNRI Team
answered on 25/02/2023
Repatriation refers to the transfer of funds (both principal amount and the interest earned on the deposit) from any of the NRI Accounts [NRE/NRO/FCNR (B)] from India to the overseas bank account of the NRI in his/her country of residence. The process of repatriation of funds from India to UK through your NRI […]
SBNRI Team
answered on 24/03/2020
You can send money from India to USA from either of your NRI Accounts. The taxes on sending money from India to USA depends on the type of account chosen. Taxes on sending money from India to USA based on the account chosen: NRE: The NRE account can be opened for the purpose of […]
SBNRI Team
answered on 30/03/2020
The process of repatriation of funds from NRI Accounts including FCNR account: Accounts Process Limit NRE 1. ONLINE: Internet banking for outward remittance (sending money to your overseas account from your NRE account) 2. OFFLINE: Fill these 2 forms. (You can get them at the bank branch or download them online, sign them and send […]
SBNRI Team
answered on 16/11/2020
We have made a special video on how to select the cheapest medium for remittance. You can find the video below: https://youtu.be/Conk-4yG5-g Keeping in mind the factors mentioned in the video, which are: Final amount received Exchange rate, and Time frame (Urgency) We’d suggest you to go ahead with Transferwise whom we have […]
SBNRI Team
answered on 10/09/2020
It depends on your VISA. See, there are multiple cases: 1. If you have a residence permit stamped on your VISA, then you can easily go back once international travel resumes. 2. If you have a visa that permits multiple entry, you can go back once international travel resumes within the validity of your […]
SBNRI Team
answered on 30/03/2020
The process of repatriation of funds from NRI Accounts are: Accounts Process Limit NRE 1. ONLINE: Internet banking for outward remittance (sending money to your overseas account from your NRE account) 2. OFFLINE: Fill these 2 forms. (You can get them at the bank branch or download them online, sign them and send them to […]
SBNRI Team
answered on 30/03/2020
There are various methods to transfer money from India to the USA. Refer to the grid to choose the best medium for yourself: (Related Category: Remittance) Transfer money from India to the USA *Money Transfer Operators: Money transfer operators (MTOs) are financial companies (but usually not banks) engaged in cross border transfer of […]
SBNRI Team
answered on 30/03/2020
No. There are no taxes on money transferred from India to Middle East. Also, There are no income taxes in the Middle East. So, the tax implications are eliminated automatically. Taxes on money transferred from India to Middle East based on the account chosen: NRE: The NRE account can be opened for the purpose […]
