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.

• What are the advantages of opening a bank account with Axis bank?

  Opening a bank account with Axis Bank provides a seamless overall experience, including zero fixed fees, a fast online process via Vested, 10 USD as a bonus on first outward remittance made to your Vested account via this account and discounted ...