Is this applicable after/before exercising the ESOPs?
This fund transfer method described above provides instructions on transferring funds once they become available after exercising the ESOPs.
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What are the benefits of transferring from brokerage accounts where we hold ESOPs/RSUs?
Here are a few reasons why investing ESOP/RSU proceeds abroad is beneficial: Diversify your wealth: As the underlying value of the ESOP grows, more and more of your wealth might end up concentrated in the stock of just one company. In order to create ...
What if the account doesn't have sufficient buying power for the applicable monthly fee?
In case your account doesn't have sufficient buying power to cover the Vest fee applicable, the system will block the equivalent amount from your buying power, which may result in negative buying power for your account. Whenever you subsequently add ...
Could you share all the charges applicable for withdrawals?
There is a fixed fee of $5 charged per withdrawal. In case you are a premium user, you get 1st two withdrawals free during your subscription cycle of 1 year. There could be additional charges imposed by your bank's intermediary bank, and we do not ...
What is the wash sale rule? Is it applicable to Indian investors?
The wash sale rule applies to investors who are domiciled in the US for tax purposes. Under the wash sale rule, investors cannot sell securities, lock in losses, and buy the same security within 30 days. For tax residents of India, no such rules ...
What are the forex charges applicable when transferring USD to my Vested US brokerage account?
The conversion and remittance charges depend on the bank you use for remitting purposes. Typically Indian banks charge ~ 3-5% forex markup to convert INR to USD. However, we have partnered with major banks such as HDFC, ICICI and Axis where the forex ...