Do you know you can send money to India via your NRI account ?
Citi Bank Preferred Rupee checking account (savings Account) and Citi NRI Remittance Account (current account) are for NRIs, held in India in rupees allowing fast and secure remittances to India.
Preferred Rupee Checking Account (Savings account)
Citi Bank Rupee Checking Account is premium savings bank account for Non Resident Indians (NRI), money is held in Indian Rupees. Since the Rupee Checking Account is a savings account, you will earn an interest on the balance.
NRI’s can easily remit money from their foreign country to this account from anywhere in the world, online, which can then be operated by family in India, as a Mandatee (the person you authorize to operate the account in India). Your family member can withdraw money, shop or pay bills.
Interest Bearing Preferred Rupee Checking Account can be opened by NRI’s and Indians travelling abroad on work with a valid passport and a valid H1/L1/J1/H1-B visa . Preferred Rupee Checking Account can either be an NRO or NRE Account.
Account Features:
- Competitive foreign exchange rates on inward remittances
- Fast and easy money transfer
- ATM/debit card for the holder’s family in India
- Open with an initial deposit of an amount equivalent to 5,000 USD.
Citi NRI Remittance Account (Current account)
Citi NRI Remittance Account is a non-interest bearing current account, held in Indian rupees allowing fast and secure remittances to India.
NRI’s can easily remit money from their foreign country to this account from anywhere in the world, online, which can then be operated by family in India, as a Mandatee (the person you authorize to operate the account in India). Your family member can withdraw money, shop or pay bills.
Citi NRI Remittance Account can be opened by NRI’s and Indians travelling abroad on work with a valid passport and a valid H1/L1/J1/H1-B visa . Citi NRI Remittance Account can either be an NRO or NRE Account.
Account Features:
- Competitive foreign exchange rates on inward remittances
- Fast and easy money transfer
- ATM/debit card for the holder’s family in India
- Open with an initial deposit of an amount equivalent to Rs. 10,000
Here’s more info on Citi NRI Accounts.
