REQUEST TO CONVERT RESIDENT ACCOUNT TO NRO ACCOUNT
Dear Sir/Madam,
- 2. I request you to change the status of this account in your records from resident to non-resident, and to convert it into an NRO account, as the current rules of the Reserve Bank of India and your bank's own policy permit. I understand that from then on the account will be run under the rules for NRO accounts.
- 4. Please also tell me what happens to any fixed or recurring deposits, standing instructions, cards, cheque books and internet or mobile banking linked to this account, and whether any of them must be closed, converted or re-issued because of the change of status.
- 6. If my residential status changes again, I will tell you in writing.
Yours faithfully,
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