Forex
5 years ago
I had deposited some money from Indian bank to foreign forex platform. After I heard it is illegal. What to do.
A.Dear Mr. Mathew,
Please get in touch with the bank and the bank will sort out the matter.
In case of difficulty, share the details and I will tell you what to do next.
Shanti Ranjan Behera
Advocate
Please get in touch with the bank and the bank will sort out the matter.
In case of difficulty, share the details and I will tell you what to do next.
Shanti Ranjan Behera
Advocate
Helpful
Helpful
Share
A.Dear Sir,
Please explain in detail.
Please explain in detail.
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 5 years ago
A.U should maintion the amount
Helpful
Helpful
Share
Tom Mathew
Replied 5 years ago
Can I trade with the amount I deposited and withdraw profit, if any. I heard that it is illegal. But can I trade with that amount. Any way I had deposited, otherwise it will be of no use..
Read Related Answers
Financial scam related to escort service
Dear Client,
In the given situation, you can file a complaint against the escort agency for deficiency in service and unfair trade practices before the Dist. Consumer Commission under Sec.35 of the C...
loan issue
Dear Client,
In the given scenario, file a police complaint against the malpractice of the lending App. You can also make a complaint to the Cyber Crime Cell online at https://www.cybercrime.gov.in/...
Receive Cash through wire transfer
Dear Client,
Forex and currency trading in India is legal but failure to adhere to authorised brokers or permitted currency pairs is a penal offence under FEMA. If you are interested in online forex t...
NOC
Dear Client,
In the given scenario, you can escalate your grievance before the Grievance Redressal Officer(GRO) of the Bank to resolve your grievance failing which you can make a complaint to the regu...
Forex Trading on Exness
Dear client, you cannot trade on a platform which is not regulated by RBI and SEBI. It is not safe to invest money on non-SEBI regulated brokers.
Read Blogs on Financial Markets and Services
Financial Markets and Services Lawyers
Find Lawyers by Location
