POSTED BY November 16, 2013 10:50 am ONE COMMENTON
I got your email from Slideshare website. I need your valuable suggestion on one issue where my salary account is getting closed due to investment in IForex.com.
Issue – 5 days back I got a letter from my bank CitiBank that my salary account will be closed as per direction from RBI due to foreign exchange trading.
Case – I open my account in Iforex a year back and deposited money around 120 $ but after training withdrew all money as I was not interested in trading. I never traded through that money.
Please suggest me on following points –
1. For Compounding i just need to send the documents as mentioned in your ppt or some fine too?
2. What if I don’t apply for compounding. only my bank account is closed or some other effects can be there?
Waiting for your valuable reply….