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Yes, it is possible to transfer money from an NRE (Non-Resident External) account to a savings account in India. However, there may be restrictions or limitations on the amount that can be transferred and certain regulations that need to be followed. It is advisable to consult with your bank or financial institution for specific details on the process.
To set up an institution email account, you typically need to contact the IT department or administrator of the institution. They will provide you with the necessary instructions and login credentials to create your email account. You may need to provide personal information and adhere to any security protocols set by the institution.
An Escrow Account.
It means that if one followed an account, he/she can see the posts on that particular account and even like or comment on it.
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You should open an estate account at a bank or financial institution that offers trust and estate services. It's important to choose a reputable institution that can handle the complexities of managing an estate account.
A financial institution can close a savings account for several reasons, including inactivity, failure to meet minimum balance requirements, or if the account is overdrawn. Additionally, if there are suspicious activities that suggest fraudulent behavior, the institution may also end the account. Customers are typically notified of account closure and may be given an opportunity to address the issue before closure occurs.
A BANK account.
A person who is authorized to access the account can find out by contacting the financial institution where the account is held.
You can find your account number on your bank statement, online banking account, or by contacting your financial institution directly.
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