8 Things You Should Know About NRE Account Rules

8 Things You Should Know About NRE Account Rules

As per the regulations of RBI, a non-resident Indian cannot open a regular resident savings account, and the account should be converted to an NRI account before one assumes the NRI status. Therefore, it is essential to have the right to open a non-resident external or non-resident ordinary account to do any banking transactions in…

What Is Writing A Check To Yourself With Insufficient Funds? And Why Should You Care?

What Is Writing A Check To Yourself With Insufficient Funds? And Why Should You Care?

The digitization of banking has immensely improved money transfer. Earlier a simple transaction that could have taken hours of effort is now done in a matter of seconds through UPI transfers and internet banking. We just need to have one smart phone with a money transfer app, and thats it. Everything is sorted for money…