Get yourself an Indian bank account

[Not So Wise]

Thats not an Indian only habit, virtually every bank in the world does it if they think they can. Bigger the amount more likely they are to do it as well.

[Ardesco]

After a stretch working for Barclays International Payments i would say definetly don't get an Indian bank account.

Any money you transfer will myteriously dissapear until you notice it has gone and make a fuss then it will suddenly reappear with you missing out on a load of interest and the indian bank grinning all the way to the erm.. bank.

Every transaction that was sent to india was traced every step of the way to stop them loosing it for a week or so to gain the interest on the money.

[DimPrawn]

Maybe they send you a t-shirt like this when you join.

[Mordac]

Suggestion: They might want to change the name to something less like BCCI.
For the lazy, just leave your account where it is, and let them send it to India on your behalf.
My money is staying where it is. In the Co-Op, and in the UK.

[Alf W]

http://news.bbc.co.uk/1/low/programm...ox/4667667.stm

Outsource your banking and get 5.4% interest. Wonder how the big banks will feel about this sort of Globalisation?