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Yes, it is possible to transfer funds from a Non-Resident External (NRE) account to a Non-Resident Ordinary (NRO) account.

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How can I transfer money from my NRE account to my NRO account in HDFC online?

To transfer money from your NRE account to your NRO account in HDFC online, you can use the "Transfer Funds" option in your HDFC online banking portal. Select the option to transfer funds between your NRE and NRO accounts, enter the amount you wish to transfer, and follow the on-screen instructions to complete the transaction.


Is it possible to transfer money from an NRE account to an NRO account?

Yes, it is possible to transfer money from a Non-Resident External (NRE) account to a Non-Resident Ordinary (NRO) account.


How can I initiate an NRE to NRE transfer?

To initiate an NRE to NRE transfer, you can typically use online banking services provided by your bank. Log in to your account, select the option for international transfers, enter the recipient's NRE account details, and follow the instructions to complete the transfer. Make sure to have the necessary funds available in your account to cover the transfer amount.


How can I transfer funds from my NRE account to my US account?

To transfer funds from your NRE (Non-Resident External) account to your US account, you can use services like wire transfers or online banking platforms provided by your bank. You will need to provide the necessary details of both accounts to initiate the transfer.


How can I transfer funds from NRE to NRO account?

To transfer funds from an NRE (Non-Resident External) account to an NRO (Non-Resident Ordinary) account, you can do so through online banking, by visiting your bank branch, or by using a wire transfer. Make sure to follow the necessary procedures and provide the required documentation for the transfer to be completed successfully.

Related Questions

How can I transfer money from my NRE account to my NRO account in HDFC online?

To transfer money from your NRE account to your NRO account in HDFC online, you can use the "Transfer Funds" option in your HDFC online banking portal. Select the option to transfer funds between your NRE and NRO accounts, enter the amount you wish to transfer, and follow the on-screen instructions to complete the transaction.


Is it possible to transfer money from an NRE account to an NRO account?

Yes, it is possible to transfer money from a Non-Resident External (NRE) account to a Non-Resident Ordinary (NRO) account.


How can I initiate an NRE to NRE transfer?

To initiate an NRE to NRE transfer, you can typically use online banking services provided by your bank. Log in to your account, select the option for international transfers, enter the recipient's NRE account details, and follow the instructions to complete the transfer. Make sure to have the necessary funds available in your account to cover the transfer amount.


How can I transfer funds from my NRE account to my US account?

To transfer funds from your NRE (Non-Resident External) account to your US account, you can use services like wire transfers or online banking platforms provided by your bank. You will need to provide the necessary details of both accounts to initiate the transfer.


How can I transfer funds from NRE to NRO account?

To transfer funds from an NRE (Non-Resident External) account to an NRO (Non-Resident Ordinary) account, you can do so through online banking, by visiting your bank branch, or by using a wire transfer. Make sure to follow the necessary procedures and provide the required documentation for the transfer to be completed successfully.


What is the difference between NRI and NRE?

NRE and NRO are similar with few differences. NRE -> foreign currency deposits only. Only Rupee withdrawals. NRO -> forign currency and rupee deposits. Only rupee withdrawals. NRE-> Any NRI can open an account NRO-> Resident can open . or NRI and resident together can open the account. NRE -> Not Taxed NRO->Taxed. NRE -> Can transfer from NRE to NRO account NRO -> Cannot transfer from NRO to NRE account.


How can I transfer money from my NRE account to the USA?

To transfer money from your NRE (Non-Resident External) account to the USA, you can use services like wire transfers, online banking, or international money transfer services. Make sure to provide the necessary details such as the recipient's bank account information and follow the regulations set by both countries for smooth transfer of funds.


How can I transfer money from my NRE account to my US account?

To transfer money from your NRE (Non-Resident External) account to your US account, you can use services like wire transfers or online banking. Contact your bank to initiate the transfer and provide the necessary details for the transaction. Keep in mind that there may be fees and exchange rate considerations when transferring funds internationally.


Is it possible to transfer money from an NRE account to a savings account?

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.


How can I transfer money to my NRE account from the USA?

To transfer money to your NRE account from the USA, you can use online banking services, wire transfers, or international money transfer services like TransferWise or Remitly. Make sure to provide your NRE account details and follow the necessary procedures for the transfer.


What is the difference between an NRE and NRO account?

The difference between an NRE and NRO account is that with an NRE account, you can't transfer money any way other than remittance from abroad. With NRO accounts, money is freely transferable.


Can my friend transfer money to my NRE account?

Yes, your friend can transfer money to your NRE (Non-Resident External) account as long as they follow the necessary procedures and regulations set by the bank and the government for such transactions.