opening bank account in india?

ruth fernandez · Jul 18th, 2009, 23:26

hi there!
really relieved to have found this site with just days

before departure; the advice here is gold dust! My plan is to

travel for two months and had I not gleaned the info here would

have not realized the extensiveness of ATMS and if not swallowed

or blocked, is a wise option instead of carrying lots of

travellers checks which i had origonally planned. The problem

being I have a credit card which slaps on alot of charges when

abroad and have no time to apply for the friendlier ones?

Am I being naive to think that I could open an account with a

one travellers cheque at a reputable and popular Indian bank

that has branches everywhere, as an option and alternative back

up to my only other credit card? Any ideas?

Hal · Jul 19th, 2009, 00:32

There's a few threads here on this subject and if I remember correctly, the general consensus is that opening a bank account for the short term is more hassle than it's worth. Better to hook up with a bank that has a presence in India and charges low fees.

ruth fernandez · Jul 19th, 2009, 02:10

Thanks Hal and IndiaMike for the rapid response and advice. I have no objections to clearing the clutter of my post if needs be as its already covered by other threads? Just don't know how!!

indracal · Jul 19th, 2009, 02:26

Ruth,

Welcome to IM!

You could simply try searching! The search bar is on the top right section of every IM window. And I just tried a search there with string "short term bank account", and it gave some links to good threads as Hal was referring! It's easy! Just 2 of them are given below.

You could also google I guess.

Is there yet a worthwhile way for a short term traveller to open Indian bank accounts

Bank accounts

Hal · Jul 19th, 2009, 04:00

Ruth,

Scroll down and you'll see "similar threads" at the bottom of the page.

indracal · Jul 19th, 2009, 04:04

Quote:

Originally Posted by Hal

Scroll down and you'll see "similar threads" at the bottom of the page.

Oops... missed that! Experience makes all the difference, Hal

Yes Ruth - that's much more relevant!

Jul 18th, 2009, 23:26	#1
ruth fernandez Account Closed Join Date: Jul 2009 Location: england Posts: 2	opening bank account in india? hi there! really relieved to have found this site with just days before departure; the advice here is gold dust! My plan is to travel for two months and had I not gleaned the info here would have not realized the extensiveness of ATMS and if not swallowed or blocked, is a wise option instead of carrying lots of travellers checks which i had origonally planned. The problem being I have a credit card which slaps on alot of charges when abroad and have no time to apply for the friendlier ones? Am I being naive to think that I could open an account with a one travellers cheque at a reputable and popular Indian bank that has branches everywhere, as an option and alternative back up to my only other credit card? Any ideas?

Jul 19th, 2009, 02:26	#4
indracal Wanderlust - but bills bug! Join Date: Aug 2008 Location: Kolkata Posts: 514	Did you try searching? Ruth, Welcome to IM! You could simply try searching! The search bar is on the top right section of every IM window. And I just tried a search there with string "short term bank account", and it gave some links to good threads as Hal was referring! It's easy! Just 2 of them are given below. You could also google I guess. Is there yet a worthwhile way for a short term traveller to open Indian bank accounts Bank accounts __________________ Did you wear the other person's shoe today?

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Jul 19th, 2009, 00:32	#2
Hal . . . _ _ _ . . . Join Date: Jun 2008 Location: Toronto Posts: 2,303	There's a few threads here on this subject and if I remember correctly, the general consensus is that opening a bank account for the short term is more hassle than it's worth. Better to hook up with a bank that has a presence in India and charges low fees.

Jul 19th, 2009, 02:10	#3
ruth fernandez Account Closed Join Date: Jul 2009 Location: england Posts: 2	Thanks Hal and IndiaMike for the rapid response and advice. I have no objections to clearing the clutter of my post if needs be as its already covered by other threads? Just don't know how!!

Jul 19th, 2009, 04:00	#5
Hal . . . _ _ _ . . . Join Date: Jun 2008 Location: Toronto Posts: 2,303	Ruth, Scroll down and you'll see "similar threads" at the bottom of the page.