Niyo Global SBM NRI

Hi,

I have applied for a Niyo Global card but I’m relocating to US from India for purpose of employment. My residency status would change to NRI. As per guidelines, I shouldn’t have an Indian account but rather have a NRO account.
What should be done in this case?
Should I close my account?

Thanks

Hey @Archit_Kaushik! Welcome to Niyo Community!

Currently, we do not have an option to open an NRO account or to convert an existing Niyo SBM savings account to an NRO account. If your residency status is about to change to NRI, it is recommended to close your Niyo Global account before you travel abroad.

Regards,

Hi Deepak,
Thanks for the answer. Can I close my account after I have entered the country abroad?

Hi @Archit_Kaushik, it is recommended to close your Niyo Global account before you travel abroad.