How are lending rates determined?

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• What risks are involved in the Fully Paid Lending Income Program?

  Fully Paid Lending isn’t appropriate for everyone. Clients with very low risk tolerances should not consider the program. A primary risk is counterparty default. Drivewealth is your counterparty on fully paid lending transactions. If Drivewealth were ...

• How will dividends be handled within the Fully Paid Lending Income Program?

  Substitute payments will be provided in lieu of dividends and are taxed differently than dividends. Consult your tax professional for further details.

• How do I optout/unenroll from the Fully Paid Lending Income Program?

  You can enroll or revoke enrollment from the Profile options for your account, through the Vested app. On choosing to revoke enrollment, you will cease to earn any further interest on securities eligible for the Program, and there may be restrictions ...

• Which FX rate is used to show INR returns?

  We use RBI reference rates for the translation of USD returns into INR.

• How is this Platform Fee calculated and how much am I charged?

  Before we deep dive into the calculation process, let’s see how much Vested costs as compared to your other banking partners. Remittance HDFC ICICI Other Banks Vested Fixed Fees Upto ₹1,000 + GST Upto ₹1,500 + GST Upto ₹1,500 + GST ₹0 Real-Time Fund ...