Multiple accounts by liaison or branch offices require prior regulatory permission through an authorised bank with justification. Liaison, branch and project offices of foreign entities cannot open more than one account in India unless they obtain prior regulatory permission through ... Summary
Multiple accounts by liaison or branch offices require prior regulatory permission through an authorised bank with justification.
Liaison, branch and project offices of foreign entities cannot open more than one account in India unless they obtain prior regulatory permission through their authorised bank intermediary, providing justification for the additional account as part of the compliance requirement.
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