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BROWSE NRI BANK ACCOUNT ADVICE:
 From:  Anonymous, South Africa, Jul/09/11 submitted on: AnswerPod.com
Subject:  currency convertion
Question: 

Here is the question: Can u perhaps explain to me how to convert rands to dollars if I'm trying to figure out how much R5000 is in dollars....thanks

Rate = 2.5 (Rated by 2 Council Members)

sambasivan s,
Council Member
  Ammas.com
  roughly 746 US$

Mid-market rates: 2011-07-10 14:04 UTC 5,000.00 ZAR = 746.324 USD South African Rand US Dollar 1 ZAR = 0.149265 USD 1 USD = 6.69950 ZAR New Conversion

http://www.xe.com/ucc

... Full advice ...
Rate = 4 (Rated by 1 Council Members)

 
 From:  rama, SG, Mar/09/08 submitted on: Ammas.com
Subject:  To open a DMAT Account in ICICI , Should i have a Savings account in ICICI Bank?
Question:  For opening a DMAT Account in ICICI Bank shall i need to have a savings account in ICICI Bank?

Rate = 1.5 (Rated by 3 Council Members)

NEERAJA NAVEEN,
Council Member
  Ask Agent
  u need not open a savings account seperately.

Demat refers to a dematerialised account.

Just as you have to open an account with a bank if you want to save your money, make cheque payments etc,

... Full advice ...
Rate = 2.5 (Rated by 3 Council Members)

 
Dr. Sindu.,
Council Member
  NDTV
  Hello rama, It is not necessary that you should have savings account with the bank in order to open demat account. But a savings account holder has an edge over the non-account holder. In fact, banks

... Full advice ...
Rate = 1.5 (Rated by 3 Council Members)

 
Indumukhi A.,
Council Member
  Ammas.com
  No. But you do need to have a bank account (savings or checking). It does not matter whether it is at ICICI or another bank.

You can download the application form here:

http://www.icicibank.com/

... Full advice ...
Rate = 1 (Rated by 2 Council Members)

 
Sridhar V,
Registered Member
  Ammas.com
  You need to have a brokerage and DMAT account with ICICI for sure if you want to do trading with them. They may also insist you to open bank account so you have 3-in-one (bank, trading and DMAT) in on

... Full advice ...
Rate = 1 (Rated by 3 Council Members)

 
Parthasarathy Selvakumar,
Council Member
  Ammas.com
  Yes. KYC is being strictly enforced by RBI / SEBI therefore these days all banks enforce that you have a SB account with them.

But the story is different if you want to have a DMAT with non-bankin

... Full advice ...
Rate = 1 (Rated by 2 Council Members)

 



 




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