Comment on NRI trading on Indian Stock Exchanges
commented on
14 Nov 2016, 06:37 PM
Hi Salim,
The existing resident demat account cannot be converted to NRI status. The resident SB bank account also needs to be changed to NRO or you can open a new NRO account with any bank. You’d have to close your resident account and open an NRI Trading & Demat account.
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