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If you do not transfer your Resident Savings Account to a NRO Account with DBS Treasures India, you will incur a penalty.
1 Year ago, Friday, May 26, 2023, 11:56:30 by
sheldonjackson9833
in
Finance
If Indian residents are looking to relocate outside of India, they should either close their existing savings account or convert it to a Non-Resident Ordinary (NRO) Account. To find out the penalty for not converting a resident savings account to an NRO Account, please visit DBS Treasures.
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