Can my beneficiary receive funds into an NRO or NRE account?

Yes. Your beneficiary in India can be the holder of a Non-Resident Ordinary (NRO) or Non-Resident External (NRE) account, and we can credit funds to either.

As always, your beneficiary's bank may apply its own documentation or reporting rules for foreign inward remittances into NRO/NRE accounts. We suggest they confirm with their bank if there is anything specific they need to do on their side to receive the funds.