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India's funny banking system ... (?)

 
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cloneBaby
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Joined: 21 Jun 2006
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Post07 Sep, 2006 11:37 am    Post subject: India's funny banking system ... (?) Reply with quote
I just heard a strange story about India's funny banking system, and I want to know if it's really true. I heard that you need to open a new bank account if you decide to move to a different place even if you have been using the same bank all along. Is this true?
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talkIndia
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Joined: 12 Apr 2006
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Post07 Sep, 2006 10:27 pm    Post subject: Reply with quote
As far as I know, you have a "Home Branch" when you first open your account. I dont think you have to open a new account in a different branch evey time you move, if thats what you are asking.
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cloneBaby
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Post08 Sep, 2006 3:41 am    Post subject: Reply with quote
Have you heard about this company "Company Advice"? They say that they moved to a new office and they're basically opening a new bank account as a result. They say that they have to do that, but does it make sense?
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