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What is the advantage of having an Internet Banking Account? |
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An Internet banking account will facilitate faster credits, smooth flow of transactions and early commencement of trading. You can transfer funds through online instructions into the bank account of HSBC InvestDirect Securities (India) Ltd. and commence trading immediately or quickly replenish your margin limits. Further, if we have to make a payment to you, funds can be credited to your account by us by issuing online instructions.
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How does the payment gateway work? |
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If you are a Hongkong and Shanghai Banking Corporation account holder, you can transfer funds instantly to your trading account. Your bank account balance will be displayed on the trading platform, select the same and key-in the amount you want to transfer and click on transfer after post login.. The funds will be instantly transferred to your trading account and trading limits increased Alternatively if you have a bank account with one of our partner banks with whom we have a payment gateway alliance, you would have to click on the funds menu and select the move funds option. On selecting the move funds option, enter the amount and select the bank account mapped to your trading account. This will re-direct you to the bank's website where you would have to enter your net-banking user-id and password issued by the bank and confirm the transaction. The funds will reflect in your trading account instantly and your trading limits will be increased.
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Is there any limit on the amount of money that can be transferred through the payment gateway? Is there any minimum amount? What is the charge for each transaction? |
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If you are a HSBC bank account holder, you can transfer funds instantly to your trading account. Your bank account balance will be displayed on the trading platform, select the same and key-in the amount you want to transfer and click on transfer after post login.. The funds will be instantly transferred to your trading account and trading limits increased Alternatively if you have a bank account with one of our partner banks with whom we have a payment gateway alliance, you would have to click on the funds menu and select the move funds option. On selecting the move funds option, enter the amount and select the bank account mapped to your trading account. This will re-direct you to the bank?s website where you would have to enter your net-banking user-id and password issued by the bank and confirm the transaction. The funds will reflect in your trading account instantly and your trading limits will be increased.
There is no transaction charge towards the facility. |
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When will I get credit in my trading account for the online funds transferred from my bank account? |
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The credit for the funds transferred via the online banking facility from your bank account to your trading account will be done instantly provided the transfer is successful.
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Can I withdraw the amount allocated for trading? |
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Yes. You can place a withdrawal request during market hours. Login to your trading platform and click on the funds menu and select the withdraw funds option and place a request for the amount you would like to withdraw.
All withdrawal request placed before 5:00 pm will be processed the same trading day and credited to your bank account the following day.
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