Do I have to open a Bank Account in the US to fund the Vested account?
You do not need to open a bank account in the US to fund the Vested account.
You can remit money from your existing local bank account. Your Indian/ local bank will convert the funds from INR to USD and then credit the USD to your US brokerage account.
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Is it mandatory to open an account with Axis bank?
No, it is not mandatory to open an account with Axis Bank. You have the flexibility to use your existing account with any of the supported banks, such as ICICI, HDFC, IDFC, Kotak, SBI, IndusInd Bank, etc to facilitate fund transfers to your US ...
How to transfer funds from Axis bank to my US Brokerage Account at Vested?
Click on the "Transfer" tab. Select "Add Funds." Choose the Axis Bank account option. If you already have an existing Axis Bank account, you can use it to initiate the remittance. Alternatively, you can open an Axis Bank account through Vested. You ...
How to transfer USD from Axis Bank to Vested Brokerage account
Step 1: After logging in to your Vested account, click on Add Funds on the Transfer tab. See Figure 1. Figure 1: Click on Add Funds on the Transfer tab Step 2: If you have an existing Axis Bank account, click Yes under ‘Do you have an existing Axis ...
Can I not transfer funds from my exisiting bank account?
Yes, you can transfer funds from your existing bank account. Vested supports fund transfers from various Indian banks, including ICICI, HDFC, IDFC, Kotak, Axis, SBI, IndusInd Bank etc. You are not required to open a new account with Axis Bank; you ...
How do I migrate my US Brokerage account from INDMoney- DriveWealth/Stockal to Vested?
You can transfer securities from one DriveWealth to another DriveWealth account only if you're the primary account holder for both these accounts. Please note that third-party transfers are not allowed on our platform. If you already have an account ...