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Foreign Currency Accounts by Resident Individuals - As on Aug 01, 2016
Home List Manuals FEMA ManualFEMA - FAQForeign Currency Accounts by Resident Individuals - As on Aug 01, 2016 This
 

FEMA - FAQ

Foreign Currency Accounts by Resident Individuals - As on Aug 01, 2016

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  1. Who is a person resident in India?
  2. What is a foreign currency account?
  3. What are the major foreign currency accounts that can be opened in India by a resident individual?
  4. In what form can a foreign currency account in India be opened?
  5. When can a resident individual open a foreign currency account outside India?
  6. Can a resident continue to maintain an account outside India which was opened by him when he was a non-resident?
  7. What is the status of the account held outside India on the demise of the account holder?
 
 
 

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