Starting with an ABN Amro NRI account make you shake hand with wide range of world class benefits and premium services. ABN Amrobank NRI accounts understand the needs of the Indian staying abroad and also acts as a loyal companion to easily help the returning Indians to slip back comfortably into life in India thanks to ABN Amrobank NRI account.
A look at different types of ABN Amro NRI accounts
Here are the different ABN Amrobank NRI accounts to select from when you decide on ABN Amro bank NRI account opening:
• Non Resident External Rupee Savings ABN Amro NRI account: The funds transferred to these savings ABN Amrobank NRI account are converted to Indian rupees as per the current transfer rate. The principal deposited in these ABN Amro NRI accounts along with the interest is fully repatriable. The money can be remitted into these ABN Amrobank NRI accounts from the existing FCNR or NRE accounts. By this ABN Amro NRI account opening you can enjoy benefits like a free international debit card and easy repatriability. Joint ABN Amro bank NRI account opening is allowed and you can even declare a nominee for your NRE ABN Amrobank NRI account. You can even allow a family member to operate you ABN Amro NRI accounts by providing them with the power of attorney or providing them with an add on card by filling the details in the ABN Amro NRI account opening form.
• NRE Rupee Fixed deposit ABN Amro NRI account: Again the principal and interest earned in Fixed Deposit ABN Amrobank NRI account can be fully repatriated. Another benefit of NRE fixed deposit ABN Amro bank NRI account opening is the fact that the interest earned is exempted from all the Indian tax laws. These ABN Amro NRI accounts can be opened jointly by two NRIs. ABN Amro NRI account opening form can be downloaded from website or get an ABN Amro bank NRI account opening form by visiting the nearest branch.
• Non resident ordinary Rupee Savings ABN Amrobank NRI accounts: NRO ABN Amro NRI account opening is beneficial for NRIs that have a source of income in India. Income generated from rents, premiums etc can be deposited in NRO savings ABN Amrobank NRI account. Only the interest earned on the money deposited in these ABN Amro NRI accounts can be repatriated. An interest rate of 3.5% can be earned annually on the money deposited in ABN Amrobank NRI accounts. ABN Amro NRI account opening form can be downloaded from the website. One can even opt for NRO Fixed deposit ABN Amro bank NRI account opening.
• FCNR deposit ABN Amro NRI account opening
Many NRIs who want to save their hard earned foreign currency using ABN Amro NRI account prefer FCNR ABN Amro bank NRI account opening which could be done using all the major currencies like USD, Euros, Pound Sterling, Canadian and Australian dollars. The best part about these ABN Amro NRI accounts is that the entire money can be repatriated.
So you decide which ABN Amrobank NRI accounts you fancy.