Based on the specific requirements of the NRI, a bank account can be opened either as a Non resident external rupee account (NRE), Non resident (Ordinary) rupee account (NRO) or Foreign currency non resident account (FCNR). Each account has its own features which can be broadly differentiated on the allowance of debits and credits in the account. The above accounts can be opened either in the form of savings/current/recurring or fixed deposits, except in FCNR account, which is by default a fixed deposit account.
 
At Synergy, we help you to select the best account suitable to your needs and we do all the liaisoning on behalf of you and get the account opened in India. If you have a specific choice of bank, we open your account with that bank, otherwise, we would choose the best possible Bank based on your investment requirements.