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Can I convert my savings account to the NRE bank account?

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No, you cannot convert your savings account to NRE bank account. However, you can convert it into an NRO account. It is because transferring funds from the resident account to an NRE account is not permitted as per RBI guidelines. 

An NRI needs to close the existing resident account. And, open a new NRE account. If there is money in the resident account, they need to withdraw those funds.


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