Hello lovely members,
Should we update with US address or india address in US bank accounts after r2i. I heard US banks not allowing india/foreign address and causing issues to any transfers and other things (banks say ok to update foreign address but later they make accounts inactive or issues with transfers). Not US citizen or GC. On visa.
What US bank accounts are better after r2i. Do not want to get stuck from india if they hold any money transfer from US to india and ask for in-person visit to branch with id proofs.
US bank account - india address or US address after r2i
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Re: US bank account - india address or US address after r2i
Are you planning to move that money to India and convert to INR later? If so then it doesn't really matter. If you do plan to keep that amount in USD however, make sure you let that bank know that you've become a NRA (Non-Resident Alien) and they have a w-8ben form on file.