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Frequently Asked Questions

Where can an NRI open a demat account?

Bank of Baroda - India's International Bank - FAQs - Deposit...
NRI can open a demat account with any Depository Participant . The NRI needs to mention the type ('NRI' as compared to 'Resident') and the sub-type ('Repatriable' or 'Non-Repatriable') in the account opening form collected from the Depository Participant. No permission is required from RBI to open a demat account. Holding securities in demat only constitutes change in form and does not need any special permission. No special permission is required.

Do I need to have HDFC Bank account to purchase the HDFC Bank Giftplus card?

HDFC Bank - Leading Bank in India, Banking Services, Private...
No, you don't need to have an account with HDFC Bank to purchase the Bank Giftplus card. Simply walk into any of our HDFC bank branches in India and purchase an HDFC Bank Giftplus card over the counter. See similar questions...

Do I need to have HDFC Bank account to purchase the HDFC Bank ForexPlus card?

HDFC Bank - Leading Bank in India, Banking Services, Private...
No, you don't need to have an account with HDFC Bank to purchase the Bank ForexPlus card. You can just walk into any of our HDFC bank branches in India and purchase it over the counter. See similar questions...

Can an NRI and person resident in India have a joint demat account?

Bank of Baroda - India's International Bank - FAQs - Deposit...
Yes. For the purpose of determining ownership of holding, the first holder is taken into account. Hence, even though other joint holders may be persons resident in India, the sale proceeds of such securities can be repatriated in case the first holder is permitted to repatriate funds. See similar questions...

Can an NRI maintain a bank account in India?

SBI Mutual Fund ::
Yes. NRIs can maintain bank accounts in rupees as well as in foreign currency. However, accounts in foreign currencies can be maintained with authorized dealers/ banks only. See similar questions...

I do not have an account with HDFC Bank, but would like to invest in Mutual Funds. What do I do?

HDFC Bank - NRI Banking - NRI Services, NRI Financial Servic...
You can contact any HDFC bank Branch to open a Bank account and once the processing of your form is completed, you can fill in the application form for the investment services account. After you receive the welcome letter , you can start investing in Mutual Funds online. See similar questions...

What about opening an account in a bank?

ILC - International Language Centers
It is helpful to have an official confirmation from your bank about the change of your postal address to the address stated in a certificate from school. (we will provide you with a sample) for opening an account See similar questions...

How do I go about opening a bank account?

UvT: Frequently asked questions
On your arrival in Tilburg you will receive an application form to open a bank account. An appointment will be arranged for you with the Rabobank in Tilburg, where you will receive a bank card, which can be used for cash withdrawals in the Netherlands. Those traveling outside the Netherlands should bring a bankcard or credit card from home. See similar questions...

What is a Demat Account?

Welcome to Transworld Securities Limited
In the advanced countries, depository systems and services have played a significant role in not only facilitating smooth trading and settlement but also attracting foreign investment in the capital market. The depository system evolved by the National Securities Depositories Limited (NSDL) enables investors to overcome all problems related to handling physical certificates. NSDL is an organization formed to provide electronic depository facilities for securities traded. See similar questions...

What does HDFC Bank offer?

HDFC Bank
HDFC Bank makes it possible for you to send gifts to your dear ones residing almost anywhere in the world. Through this service, you can order from the choicest gift items shown on the site while making the payment online. The gift will be delivered at an approximate time and address given by you, according to your specifications. See similar questions...

Where all can HDFC Bank deliver gifts?

HDFC Bank
HDFC Bank can deliver gifts to all the major countries. You may place orders from anywhere in the world while making payment online in Indian Rupees through Credit Card. For more details kindly contact orders@indiangiftsportal.com. See similar questions...

What is the HDFC Bank Giftplus card?

HDFC Bank - Leading Bank in India, Banking Services, Private...
The HDFC Bank Giftplus card is a magnetic strip based pre-paid card in partnership with Visa International, which offers you a unique mode of gifting. The card is packed according to the occasion of gifting! See similar questions...

What is the HDFC Bank ForexPlus card?

HDFC Bank - Leading Bank in India, Banking Services, Private...
The HDFC Bank ForexPlus card is a magnetic strip based Pre-paid Card introduced in partnership with Visa International, which offers you a convenient and secure way to carry your forex cash. This card offers you the freedom to shop anywhere in the world and provides access to the currency of your destination at competitive market rates. It can be used at over 850,000 Visa ATMs worldwide and at over 13 million Visa Merchant Establishments worldwide. See similar questions...

CAN companies4less HELP IN OPENING A BANK ACCOUNT?

UK company formation and registration for only ?25 limited r...
Yes, companies4less does provide an account opening service for business customers. The fee for this service is ?500.00 and takes approx 10 days to complete in most cases. See similar questions...

CAN COMPANY4LESS HELP IN OPENING A BANK ACCOUNT?

UK Limited Company Formation & Registration of Offshore ...
Yes, COMPANY4LESS does provide an account opening service for business customers. The fee for this service is ?500.00 and takes approx 10 days to complete in most cases. See similar questions...

What are the formalities required for opening a bank account?

Welcome to Transworld Securities Limited
It is preferable that NRI investors deal only with one designated bank branch under portfolio investment services. To open an account, an undertaking letter, the bank account opening form and the following annexure should be submitted: Copy of passport (first four pages and last page) and visa. These copies should be attested by the Bank Branch Manager (Overseas)/ Notary Public/an official of the Indian Embassy in the country of residence. See similar questions...

What is "bank account opening kit" ?

Chandler Partners - Hong Kong and China, Company Formation, ...
quot;Bank account opening kit" is a set of documents certified by Hong Kong Certified Public Accountant. Most banks in Hong Kong ask for these documents to open bank account for a limited company. The documents include: See similar questions...

How do I open a NRI account with ABN AMRO Bank while I am abroad?

ABN AMRO: World Citizen Banking for NRI - FAQs
Affix recent passport sized colored photograph for each account holder and sign across the photograph Attach photocopy of relevant pages of the passport with your name, address, photograph, signature, date of birth, date and place of issue, expiry date and stamp regarding your stay outside India Attach photocopy of Resident Visa / Work Permit / current visa or any other proof of Non-Resident Indian Status For documents mailed to ABN AMRO BANK, attestation on the photocopies of all the above docu. See similar questions...

What is an "NRI account"?

FAQ FOR NRI SERVICES
NRI account" is a popular connotation for Indian accounts opened for NRIs. The types of accounts that an NRI can open in India are NRE (Rupee Repatriable) FCNR (Dollar, Pound, Euro, Yens, Can dollars & Aus Dollars) & NRO (Rupee Non Repatriable). US residents may bear in mind that these account are not FDIC insured, the income may be subject to US Federal Income Tax and balances in excess of $10,000 may need to be reported annually to the the US Department of the Treasury. See similar questions...

What are the minimum account opening requirements?

TradeStation
Minimum initial Equities account balance: $30,000 for Pattern Day Trading Accounts, $10,000 for Non-Day Trading Accounts. Please review Maintenance Requirements Minimum initial Futures or Forex account balance of $5,000; Minimum initial Futures or Forex IRA account balance of $10,000 See similar questions...

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