Traveling to India? You don't want to carry too much cash. Travelers' Checks (TCs) usually work fine; but did you know that –
- If you lose them, they can't be cashed – but you'll have trouble getting replacements
- Replacements/refunds typically require maintaining additional records
- Your ease of cashing them depends on the banks or shopping establishments that accept them
- Banks usually charge a higher commission on TCs
With a NRI Account (RCA) you have none of these problems. You can operate your account in India, and use the debit card or checks issued on the account. There are no separate accounts to maintain. And you have reliable, round-the-clock access
NRI Account – Benefits
- Share your account with a nominee in India, who is also given an ATM card and check book
- 24-hour, reliable access to your account
- Facilitate movement of funds to India – giving you a portal to the wide range of investment opportunities here
- Account alert via e-mail and mobile phone
- Meet your financial commitments in India without hassles
Apply for a NRI Account now. It’s fast, and easy.
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