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Apr 12871 APP NRI Form Cdr

Apr 12871 APP NRI Form Cdr

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on 10th January India's retail payments umbrella body the national payments Corporation of India npci issued a circular that paved the way for wider adoption of homegrown payments platform UPI so far only Indian phone numbers were allowed on UPI leaving out non-resident bank accounts linked to their phone numbers abroad in the first phase phone numbers from 10 countries including Singapore Australia Canada Hong Kong Oman Qatar the U.S Saudi Arabia United Arab Emirates and the UK have been allowed to be used on UPR and PCI said it could extend this to other nations as well let us take a look at what this means for non-resident Indians nris and for UPI [Music] once the systems are in place by 30th April non-resident Indians will be able to transact using UPI irrespective of whether they are in India or abroad to use UPI non-residents need to have either a non-resident external NRE account or a non-resident ordinary nro account in India it it would of course be more useful when ac

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