answersLogoWhite

0

A non depleting account is opened in the name of an investor. The investor who is nominated as an mandate signatory has an authority to withdraw the funds.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What mandates the use of non ozone depleting substances?

The Montreal Protocol mandates the use of non-ozone depleting substances to address the depletion of the ozone layer. It is an international agreement that aims to phase out the production and consumption of ozone-depleting substances, such as chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs), which harm the ozone layer. By transitioning to non-ozone depleting substances, countries can protect the ozone layer and mitigate the harmful effects of UV radiation on human health and the environment.


What mandates the use of non-ozone depleting substances?

The Montreal Protocol mandates the use of non-ozone depleting substances. It is an international treaty designed to protect the ozone layer by phasing out the production and consumption of ozone-depleting substances such as CFCs.


Which protective gas is depleting?

Ozone is depleting. It is depleting due to the CFC's used by the humans.


What is NPA account?

Non Performing Account


What is a non checking account?

A non-checking account is the account in which cheque book is not issued like for customer for getting loans


What is an ozone-depleting chemical that is not a chlorofluorocarbon?

Ozone depleting chemicals are CFC's. Other than Halogens are also ozone depleting.


Fossil fuels account for the majority of the world's energy use because they are?

Fossil fuels currently account for the majority of the world's energy use because they are inexpensive and abundant. The fossil fuels are depleting in a rapid rate.


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

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


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.


What does non-derogatory mean in terms of banking?

A non-derogatory account is a bank account (typically a credit account) which is current and has experienced no late payments in the last 36 months. Non-derogatory from a banking standpoint basically means that an account is OK.


What level of the ozone is depleting?

The ozone is depleting at stratospheric level. It is due to CFC's.


Why are diamonds depleting?

They