Friday, July 24, 2026

DBC 2505 - Repatriation

 

The Banking Tutor

 Daily Banking Concept

 No. 2505                                            24-07-2026

Repatriation 

Repatriation is sending money across countries and converting it into foreign currencies. For Indians living abroad, the funds they earn in India through their work, businesses, or investments can be transferred from theirbank in India to a bank in their country of residence or any country other than Indiathrough NRI repatriation.

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