@@PeriyasamiRYadav AFAIK, most banks charge around 500, 700 per transfer + 1.5% of exchange rates with GST, you would end up paying heck of charges up-front. Pointless of investing unless you are want to deploy large sums in one go
Hi Vested team, this process is not only costlier, but also takes more time and is hectic. It goes through too many authorisation steps, and hence more bureaucratic. I do understand that after SBM bank issue, we are following this method. However, please come up with some simple and less-expensive solution at the earliest (as we had before). As retail investors, we are literally getting skinned by this bank transfer method.
What about the funds we loaded through Vested Direct? How to get that back? I can no longer see my funds and neither can I transfer them back to my Indian bank account!
The traditional method is very tedious and time taking. Also the charges are high when considering to invest a smaller amount of money. Guys at Vested, please come out with some solution to address the pain point.
See your vested direct thing is not working and i do not want to give useless charges everytime. Are you guys doing something about this? Or should we try something else?
This transfer will cost more to us fixed charges 1000+ gst 18% unless u go oneshot investment....It is not standout services for vested premium customers.....this RBI always do this Non sense things tomorrow they will freeze all our us investment by not allowing any outward remittance transaction
Politisians who are in government do not work a singel day in ther life but they want high taxes from working class and investors. Big banks in India wer losing money because of sbm bank Government is on side of big banks in India
This was surprise to me, I read this from Mint news later found out there is an email for this sent midnight. Why dint you partner with multiple banks Vested!? Single point of failure for Vested Direct. The whole process of wire transfer looks broken and expensive
I invested through Vested direct and now when i withdrew the money, it got deposited in the SBM bank which was the vested direct. how can I access that account now to transfer it to my indian bank? CAN ANYONE HELP PLEASE?
All of us are getting these messages bcoz RBI has asked SBM to stop its remittance facilities which was actually a part of vested direct. Remittance through our banks is somewhat expensive than vested direct. Vested should come up with some alternative for SBM.....THAT WILL BE VERY HELPFUL.....
For SBI bank users we don't have that internet banking option at all.. We have only in person with bank accounts.. And doing all those process is not easier.. Hence i installed app, created account and simply kept it thats it.. So kindly come with easy things.. Specially for SBI
This step is almost useless. Yes we can technically transfer money via the steps in the video. But ICICI (or any bank ) charges 20% fees on amount you intend to invest . I agree that vested is not charging this 20% but at the end of the day, the investor will never look at vested as a viable option ...
We invested in vested direct because of low remittance only right. If it's through our bank then we could have gone for better US stock broker
Why how much it will cost for wire transfer 🤔 from netbanking??
@@PeriyasamiRYadav AFAIK, most banks charge around 500, 700 per transfer + 1.5% of exchange rates with GST, you would end up paying heck of charges up-front. Pointless of investing unless you are want to deploy large sums in one go
They have lost their USP of vested direct
Bro it’s all due to RBI regulations, last June I was able to transfer 129$ via Vested’s SBm bank transfer paying hardly any extra fees.
Can u suggest some better us stock broker pls?
Hi Vested team, this process is not only costlier, but also takes more time and is hectic. It goes through too many authorisation steps, and hence more bureaucratic. I do understand that after SBM bank issue, we are following this method. However, please come up with some simple and less-expensive solution at the earliest (as we had before). As retail investors, we are literally getting skinned by this bank transfer method.
+1
With the stoppage of Vested direct, my remittance to US stock account stopped too. Because remittance via bank accounts are too costly
Please clarify remittance charges also
Ind money has partnered with federal bank to provide direct deposit facility
Very lenghty and hectic process...
What about the funds we loaded through Vested Direct? How to get that back? I can no longer see my funds and neither can I transfer them back to my Indian bank account!
same issue, following
Below in my reply I have posted their email.
Go to SBM bank and transfer money to your other bank account
One of my friends show me his remittance receipt.. he charged 1100 to 1200 total for different fees and taxes.Thus transfer larger amounts.
do clarify remittance charges of banks such as icici,hdfc,axis,kotak,etc.
But what about five that are lying after transfer, i need you to revert back my added funds
I transferred thrice remittance from axis but my funds not yet transferred
The traditional method is very tedious and time taking.
Also the charges are high when considering to invest a smaller amount of money.
Guys at Vested, please come out with some solution to address the pain point.
How it is happy investing, when we have to pay larger fees for the transaction?
Next. Make another video how to open trading account directly with US stock broker.
See your vested direct thing is not working and i do not want to give useless charges everytime. Are you guys doing something about this? Or should we try something else?
Loot by govt.difficulties always created for retail investors.
Hiw to do options???
Kiya pahle jesha, SBM bank s nahi hoga
Ind money best to deposit directly
Tax and change is like pre GST last time I have deposited 20000 I've been charged around 1200 i don't why? Why
This transfer will cost more to us fixed charges 1000+ gst 18% unless u go oneshot investment....It is not standout services for vested premium customers.....this RBI always do this Non sense things tomorrow they will freeze all our us investment by not allowing any outward remittance transaction
They are real Rajas like British who ruled India, this is British /BJP Raj
Mehnat se pese kamao... research karke invest Karo aur multiple tax and charges ke naam pe govt.ko profit dedo...Acche din agaye...enjoy
Politisians who are in government do not work a singel day in ther life but they want high taxes from working class and investors. Big banks in India wer losing money because of sbm bank Government is on side of big banks in India
@@PriteshBar British Raj is synonyms to BJP Raj😂😂😂
@@syedzaidi4029 usse pehle toh aap bahut tarakki pe the na
Can i transfer money through andhra bank?
WHY DID YOU MAKE THE VIDEO? NONE OF THE STEPS ARE MENTIONED. ALL THE USERS ALREADY HAVE THE LINKS AND PDF DOCUMENT. NO VALUE ADD.
This was surprise to me, I read this from Mint news later found out there is an email for this sent midnight. Why dint you partner with multiple banks Vested!? Single point of failure for Vested Direct. The whole process of wire transfer looks broken and expensive
I invested through Vested direct and now when i withdrew the money, it got deposited in the SBM bank which was the vested direct. how can I access that account now to transfer it to my indian bank? CAN ANYONE HELP PLEASE?
Bro, did you successfully transfer the money from SBM bank to your Primary Indian Bank Account?
All of us are getting these messages bcoz RBI has asked SBM to stop its remittance facilities which was actually a part of vested direct.
Remittance through our banks is somewhat expensive than vested direct. Vested should come up with some alternative for SBM.....THAT WILL BE VERY HELPFUL.....
For SBI bank users we don't have that internet banking option at all.. We have only in person with bank accounts.. And doing all those process is not easier.. Hence i installed app, created account and simply kept it thats it.. So kindly come with easy things.. Specially for SBI
I have an SBI account its very easy to
Fees and Charges ?
What about ICICI Bank
This step is almost useless. Yes we can technically transfer money via the steps in the video. But ICICI (or any bank ) charges 20% fees on amount you intend to invest . I agree that vested is not charging this 20% but at the end of the day, the investor will never look at vested as a viable option ...
VERY INEFFECTIVE VIDEO, CANT HEAR THE AUDIO
🎉🎉🎉🎉
RBI may freeze our usa stocks and redeem it for themselves to safeguard citizen you know😉.
Upi transaction is better