What are the KYC documents required for NRIs?

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• Can NRIs invest via Fintso?

  Yes, NRIs can invest via Fintso. If NRIs are adding funds via India, they can use their existing NRE or NRO accounts and if they are adding funds from their foreign bank accounts which do not fall under LRS, they can directly remit funds from their ...

• What type of documents can be submitted to complete the client’s online KYC?

  Address Proof (Any of the below): • Aadhaar Card • Utility Bill (Examples: Gas, Electricity, Water, Property Tax or Mortgage Receipt) • Mobile Phone Bill • Bank or Credit Card Statement. • A letter from your landlord, employer, doctor, dentist, ...

• How can I complete the KYC process for my clients?

  You can add client by clicking on the ‘Add Clients’ button within the Global Investments module. This will open a page where you need to fill in the client’s bank account details, the risk tolerance questionnaire and upload an ID proof and an address ...

• Is the authorised bank required to check permissibility of remittances based on nature of transaction or allow the same based on remitters declaration?

  The authorised dealer is guided by the nature of transaction as declared by the resident remitter in Form A2 and will thereafter certify that the remittance is in conformity with the instructions issued by the RBI in this regard from time to time. ...

• Can I send a consolidated portfolio statement to my client?

  Yes, through the Reports module in Fintso, you can generate consolidated or Global Investments specific portfolio statements for your clients which carry your brand name and identity. The consolidated statement covers both onshore and offshore ...