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How can I transfer funds from Non-PIS to PIS account in Yes Bank?

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NRIs can transfer funds from the NRI Bank Account to PIS account through internet banking. When the NRI transfers money from the NRI account to PIS bank account, the bank informs the broker about the funds available for trading. Then, the broker updates the NRI trading account with the available limits. When you place buy request, the money is debited from the Trading account automatically.

Note: PIS account is required for investing in equity on repatriation basis.



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