How to transfer USD from IDFC Bank to Vested Brokerage account
Step 1: Log in to the IDFC Net Banking portal
Figure 1
Step 2: Select “Pay Abroad”.
Figure 2
Step 3: Check the account from which you want to transfer funds and click on “New payment”
Figure 3
Step 4: Enter the amount you want to transfer and click on “Proceed”
Figure 4
Step 5: Choose “Entity” and select Receiving Country as “USA”
Figure 5
Step 6: Add receiver details (refer to Figure 6)
Figure 6
Figure 7
Step 7: Chose “Purpose of Transfer” as “Portfolio investment in equity”
Figure 8
Step 8: Select appropriate option in “Source of Funds”
Figure 9
Step 9: Enter your DriveWealth account number and hit “Save & Proceed”
Note: You can also find it under your Vested’s profile section as Drivewealth ID
Figure 10
Step 10: Review the transfer details and check the “I/We hereby confirm” box
Figure 11
Step 11: Accept the terms and conditions of IDFC bank
Figure 12
Step 12: To complete your transaction, enter the OTP which is sent to your registered mobile number and click on “verify”
Figure 13
It may take 2-3 business days before the funds are reflected in your Vested Brokerage account.
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