Can a non-resident be a nominee for a resident account? Can a resident be a nominee for a non-resident account (NRO/SAO)?
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nro sao
- How do online and mobile banking platforms facilitate the management of NRO/SAO accounts?
- Who can open an SAO account?
- How can NRIs obtain legal and financial advice regarding their NRO/SAO accounts and other Indian investments?
- Can I have multiple SAO accounts? What are the implications of holding multiple NRO accounts?
- Can an NRI obtain an Aadhaar card? What are the benefits of having an Aadhaar card for an NRI?
- Are there any charges for receiving paper statements for NRO/SAO accounts? What is the frequency of statements for NRO/SAO accounts?
- In which currency are SAO accounts typically maintained?
- What are the different types of SAO accounts? What are the features of a typical NRO savings account?
- How are foreign currency conversions handled for NRO account transactions?
- What documents are required to open an SAO account? What is the process of opening an NRO account?
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