You can convert your existing FYERS resident trading and Demat account into an NRO Non-PIS account if you’ve moved abroad and need to comply with FEMA and SEBI regulations as an NRI. This process ensures your account meets the correct regulatory requirements for non-resident trading and investing.
Scenario | What you should know |
---|---|
You don’t have an NRO bank account yet | You must open one to complete the account migration |
You already hold securities in your resident account | All holdings will be transferred to your new NRO Non-PIS Demat account |
You wish to convert back to a resident account later | A new KYC and re-verification process will be required under SEBI norms |
Last updated: 08 Aug 2025