Can funds be transferred from NRO to NRE accounts in India?

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1263991

2026-01-23 22:00

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No, funds cannot be directly transferred from a Non-Resident Ordinary (NRO) account to a Non-Resident External (NRE) account in India. However, a resident Indian can remit funds from an NRO account to their NRE account after ensuring that applicable taxes are paid and the necessary documentation is completed. This process typically involves converting the funds into foreign currency and adhering to the limits set by the Reserve Bank of India (RBI).

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