How to bring in about 2cr or larger into Indian banks without banks flagging it as suspicious activity
I've been told by my parents(mostly) and some others that bringing in huge swaths of money from US to India would make banks suspicious. I'm currently in RNOR status. What can I do to minimize or avoid this?
My ultimate goal is to move it into ICICI and then onto their FD schemes and I don't have an account at ICICI. I don't have an NRE account either. I've been told opening one just before trying to transfer something like 2cr could trigger such issues. So first thing is I'm planning to open one now, do some minimal transactions(under 10k) every few months or so and eventually when I have that 2 cr in due time, I'll transfer it but other that anything else to keep in mind? Will time between opening the account and transfer of huge funds be a factor?
Is a typical savings account even the "right way" to bring in money? Please advise what you'll have done in such cases.