Hi All,
I have been working outside India since an year.
I have a trading account with one of hte stock broking firms.
I have an NRE account with HDFC Bank.
and a domestic account with ABN AMRO bank.
In order to make the payments to the stock broking firm, can i issue cheque from domestic account of ABN AMRO bank? Will that payment be accepted?
what if it is not possible for me to issue a cheque from NRE account with HDFC Bank?
what are the pros and cons in both the cases?
Kindly help me out.
Thanks n Regards,
I have been working outside India since an year.
I have a trading account with one of hte stock broking firms.
I have an NRE account with HDFC Bank.
and a domestic account with ABN AMRO bank.
In order to make the payments to the stock broking firm, can i issue cheque from domestic account of ABN AMRO bank? Will that payment be accepted?
what if it is not possible for me to issue a cheque from NRE account with HDFC Bank?
what are the pros and cons in both the cases?
Kindly help me out.
Thanks n Regards,