Q.861 Type of bank account required in India to transfer inherited shares

Question: l am British, resident in UK. My late husband was of Indian origin and I have inherited Indian stocks and shares from his family. What kind of bank account can I open which can receive these shares? Thank you MB [February 24, 2016] Answer: Information on transfer of Indian stocks acquired through inheritance is discussed in an article on this website titled ‘How to Transfer Inherited Shares | Shares transfer to Non-Resident’ The link to view the article is provided, click on the link or copy the link to your browser to read article: http://nriinformation.com/articles5/transfer_inherited_shares.htm Hope this helps.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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Q.861 Type of bank account

required in India to transfer

inherited shares

Question: l am British, resident in UK. My late husband was of Indian origin and I have inherited Indian stocks and shares from his family. What kind of bank account can I open which can receive these shares? Thank you MB [February 24, 2016] Answer: Information on transfer of Indian stocks acquired through inheritance is discussed in an article on this website titled ‘How to Transfer Inherited Shares | Shares transfer to Non- Resident’ The link to view the article is provided, click on the link or copy the link to your browser to read article: http://nriinformation.com/articles5/transfer_inhe rited_shares.htm Hope this helps.
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