How can investors fund overseas share purchases from India?
Our answer
Ask your authorised dealer bank to identify the permitted transfer route for your residence, account type and purpose. Check the broker’s deposit instructions before transferring. Confirm the current rules, required documents, conversion costs and whether the funding account must be in your name.
Resident and non-resident accounts
NRE, NRO and resident accounts have different rules. Confirm the specific transaction with the bank rather than assuming a resident remittance route applies to every account.
Cards and alternate platforms
Use a channel that both the broker and bank confirm is available for the investment. An option to pay by card or use a platform does not establish permission or suitability.