What are the charges on inward and outward remittances?

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• Where can I see the forex charges paid on my remittance?

  You need to check with your bank for the forex charges you paid on your outward remittance. Unfortunately, we do not have the visibility of these charges.

• What is the purpose code for the inward remittance?

  The purpose code for inward remittance is P0001 (Repatriation of Indian investment abroad in equity capital/shares).

• Are commission charges different during pre/after market hours as compared to market hours?

  No, the commission charges are the same during pre/after market and market hours.

• Could you share all the charges applicable for withdrawals?

  There are no fixed fees on withdrawals in INR to your bank account. However, if you choose to withdraw in USD, a fixed fee of $5 is charged per withdrawal. If you are a premium user, you get the first two withdrawals free during your one-year ...

• 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 ...