Opening a bank account in India

Question

We are trading with an Indian company and wish to open an Indian Bank account. Without actually travelling to India to work out the procedure we hope that someone may have overcome this hurdle previously and can explain the procedure and pitfalls.

Answer

Hi Dan

Not the same I now but I opened a Euro accuont with a Dutch bank. My first port of call was to our own bank to see if they partnered or had connections with any banks in the region. I was steered towards Rabobank in this case & completed the application on line & identified myself here certified by a UK bank. Hope this helps.

Answer

Hi Dan,
We have opened several bank accounts for our UK clients doing business in India and can confirm it is not an easy or quick process. We would be happy to help you avoid the pitfalls and help you set up an account for your company. If interested, please drop me a line at lparfitt@tmgadvisory.com

Best regards,
Les Parfitt
TMG Advisory (UK Office)

Answer

Dear Dan

I am an Indian Lawyer working in UK and guide UK companies about operations in India.

We work on behalf of our clients in UK and take all ground operations in India on their behalf.

If you need advise please feel free to contact us and I will be happy to assist you. We are based in Chelsea in London.

Regards
Nitin Datta

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