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Remittance limits

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  • Remittance limits

    I wanted to know the maximum limit on money one can remit from USA to self NRE account in India. In my case i recently remitted $25K in 6 transactions through Quickremit and for a new transaction it says i have exceeded the limit for the quarter.
    - Whats the government/RBI policy on amount of money and number of transactions for remitting money to self NRE account?
    - Whats the limit on remitting money back to USA out of self NRE account?

    Thanks
    Last edited by rajgot; 06-20-2013, 04:10 PM.

  • #2
    There is no limit like that.

    The limit you are referring is to is QuickRemit's internal limit.

    If you want (and have), you can wire transfer even $10 million from your US account to NRE account. No problem.
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