Monday, December 12, 2011

Can I transfer my FCNR USD term deposit to another bank?

I have USD term deposit in one bank. I am not happy with their service and the rates they offer for conversion is not acceptable. Can I transfer my USD deposit to another bank without converting and without loosing any commission?|||Yes you can and if the present banker refuses to oblige seek the intervention of RBI and your request will be entertained.


some service charge will be necessary to be paid which is but unavoidable.

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