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Forum: India

Jun 12th 2017, 5:05 pm

Replies: 6

Indian Bank Bond Account

Views: 1,812

Posted By Bipat

Re: Indian Bank Bond Account

As long as it is legally held--any amount can be transferred from your bank.
(With RBI permission which is automatically given).

There is a limit on undeclared cash which can be carried out in...

Forum: India

Jun 7th 2017, 9:09 am

Replies: 6

Indian Bank Bond Account

Views: 1,812

Posted By Bipat

Re: Indian Bank Bond Account

You could give your brother power of attorney, it can be done in UK but lawyer costs again.
I think you need to contact the bank yourself and ask what they require. If they have branches in the UK...

Forum: India

Jun 7th 2017, 7:06 am

Replies: 6

Indian Bank Bond Account

Views: 1,812

Posted By Bipat

Re: Indian Bank Bond Account

Yes your brother is correct in that you cannot do it from the UK, you need to go to India and cash the bonds there. Then transfer is possible.
It depends whether the bonds have kept up with...

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