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Q7. Can I open these accounts in any convertible currency? » Global Indian Solutions

Q7. Can I open these accounts in any convertible currency?

Yes, you can remit funds for opening the account in any convertible currency.

The NRO / NRE accounts are maintained in rupees and the funds remitted will thus be converted into India rupees at the spot exchange rate.

Deposits can be maintained in the currency of your choice i.e. USD, GBP, EUR, AUD and CAD etc.