Depositing funds via Indian banks
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 ...
How to transfer USD from Axis Bank to Vested Brokerage account
Step 1: After logging in to your Vested account, click on Add Funds on the Transfer tab. See Figure 1. Figure 1: Click on Add Funds on the Transfer tab Step 2: If you have an existing Axis Bank account, click Yes under ‘Do you have an existing Axis ...
How to transfer USD from HDFC Bank to Vested Brokerage account
Step 1: Log in to Your Vested Account Step 2: Navigate to the Transfer tab and select Add Funds. Step 2: Choose HDFC Bank from the list of supported Indian banks. Step 3: Enter Your HDFC Bank Details and Customer ID. Your Customer ID is a unique ...
Can I transfer funds from my ESOP/RSU account?
Yes, you can transfer funds from your ESOP/RSU account to Vested. Here’s how: Complete your KYC to open a Vested US brokerage account. In the Vested app, go to 'Transfer,' click 'Add funds,' and select 'ESOP/RSU' account. Find your broker (e.g., ...
How to transfer funds from ICICI Bank to Vested?
Step 1: Log in to the ICICI Internet Banking portal using your user ID or mobile number Figure 1 Step 2: Under the “Payments and Transfer” tab, select “Fund Transfer”. Figure 2 Step 3: Select “Overseas Transfer”. Figure 3 Step 4: Select “Send Money ...
How do I transfer funds from an Indian Bank account to my US Brokerage Account?
Log in to your Vested account and follow these steps: Click on the "Transfer" tab. Select "Add Funds." Choose the Indian Bank option. Select from the list of supported banks such as ICICI, HDFC, IDFC, Kotak, Axis, SBI, and IndusInd Bank, as they ...
How to transfer funds from Axis bank to my US Brokerage Account at Vested?
Click on the "Transfer" tab. Select "Add Funds." Choose the Axis Bank account option. If you already have an existing Axis Bank account, you can use it to initiate the remittance. Alternatively, you can open an Axis Bank account through Vested. You ...
Is it mandatory to open an account with Axis bank?
No, it is not mandatory to open an account with Axis Bank. You have the flexibility to use your existing account with any of the supported banks, such as ICICI, HDFC, IDFC, Kotak, SBI, IndusInd Bank, etc to facilitate fund transfers to your US ...
Can I not transfer funds from my exisiting bank account?
Yes, you can transfer funds from your existing bank account. Vested supports fund transfers from various Indian banks, including ICICI, HDFC, IDFC, Kotak, Axis, SBI, IndusInd Bank etc. You are not required to open a new account with Axis Bank; you ...
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, and discounted exchange rates.
Can I transfer funds if I don't have netbanking with my Bank?
Yes, you can transfer funds even without net banking. Visit your bank to obtain an A2 and declaration form for remitting funds to your US brokerage account using the purpose code S0001. Alternatively, in the Vested app, click on the "Transfer" tab, ...
Can I make remittance from my Family member's/ Friends/ Colleague Bank account to my Vested Account?
Third-party transfers are not allowed on our platform. You can transfer from any bank account where you are the primary account holder.
My name on Vested is different from the name as per my bank account. Will this be a problem?
We would recommend you to have the name on your Vested account exactly as per the bank account name to avoid delays or issues during the fund transfer. To change your name on Vested as per your bank account name, please share a clear image/ PDF of ...
How do I change/switch my bank on Vested for fund transfers?
We do not link your bank to the platform. Hence you can change your bank anytime by selecting a bank under the Transfer tab > Add Funds > Select the bank of your choice and continue your remittance journey.
Can I transfer funds via third-party transfers/Transferwise/Western Union?
You cannot transfer via Transferwise or other similar platforms. For Indian residents: As per the RBI's Liberalized Remittance Scheme guidelines, you need to transfer only via banks under the purpose code of S0001 (Indian portfolio investment abroad ...
Can I add funds via a forex card?
As per RBI guidelines, to invest in the US, you need to process your remittance via an Authorised Dealer 1 entity only. Authorized Dealer 1 entities are typically banks. You need to initiate a transfer from your bank only.
Can I add funds via UPI?
Unfortunately, adding funds via UPI is not supported for LRS transactions. However, you can conveniently add funds through bank transfers. Most banks in India offer seamless integration for adding funds, making it a reliable and secure option. To add ...
Is there any minimum and maximum amount that I can transfer to my Vested account?
Under the Liberalised Remittance Scheme (LRS), Indian residents can freely remit up to USD 250,000 per financial year for current or capital account transactions, including investments, as outlined by the Reserve Bank of India (RBI) We do not impose ...
Do I have to open a Bank Account in the US to fund the Vested account?
You do not need to open a bank account in the US to fund the Vested account. You can remit money from your existing local bank account. Your Indian/ local bank will convert the funds from INR to USD and then credit the USD to your US brokerage ...