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    <title>Monthly statement on remittances made from NRO Accounts</title>
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    <description>Banks must report detailed monthly remittance information from NRO accounts by NRIs/PIOs/foreign nationals using the prescribed proforma, itemising categories such as sale proceeds of immovable property, other assets and transfers from NRO to NRE accounts. AD-Category I banks must furnish the monthly statement to the Reserve Bank&#039;s Foreign Exchange Department within the prescribed post reporting month period. For accounts of Bangladesh nationals, authorised dealers must notify their Head Office, which must forward a quarterly report to the Ministry of Home Affairs containing specified identity and permit details.</description>
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