whats the difference ?

#1
Please advise me on this .

I am currently having a NRO account which i am planning to link with my demat trading account for payment and balance transfers.


My question here is ....

Can my broker understand its a NRO account i am using ?

Any problem using a NRO account for demat trading purposes?


Please enlighten me !!!:)
 

rajeabc

Well-Known Member
#3
Please advise me on this .

I am currently having a NRO account which i am planning to link with my demat trading account for payment and balance transfers.


My question here is ....

Can my broker understand its a NRO account i am using ?

Any problem using a NRO account for demat trading purposes?


Please enlighten me !!!:)
yes he will come to know about your NRO a/c and brokerage would charge for NRI.. Could be higher. Also you need to check if you are eligible for the trading in India. For some countries it is not permitted for NRi to trade in India. Investing is fine as I know.