BSE has opened up a world of possibilities for Indian investors through India INX Global Access.
Indians now have direct access to over 135 exchanges across 33 countries in 23 currencies worldwide.
For those interested, here is a thread 🧵 with the details.
Indians now have direct access to over 135 exchanges across 33 countries in 23 currencies worldwide.
For those interested, here is a thread 🧵 with the details.
The countries you can access today are -
North America - United States, Canada and Mexico.
Europe - UK, Switzerland, Sweden, Spain, Russia, Portugal, Poland, Norway, Netherlands, Lithuania, Latvia, Italy, Israel, Hungary, Germany, France, Estonia, Belgium and Austria.
North America - United States, Canada and Mexico.
Europe - UK, Switzerland, Sweden, Spain, Russia, Portugal, Poland, Norway, Netherlands, Lithuania, Latvia, Italy, Israel, Hungary, Germany, France, Estonia, Belgium and Austria.
Asia Pacific - Singapore, Hong Kong and Japan and Australia.
For a full list of exchanges you can see - indiainxga.com
For a full list of exchanges you can see - indiainxga.com
BSE's INX Global Access itself is the platform.
Which means there is no intermediary between you and it.
This keeps the costs super low. How low?
Zero account opening fee, zero annual charges, zero software charges, zero fund deposit and one withdrawal per month free.
Which means there is no intermediary between you and it.
This keeps the costs super low. How low?
Zero account opening fee, zero annual charges, zero software charges, zero fund deposit and one withdrawal per month free.
BSE's INX Global Access currently has two banking partners -
1. Kotak Bank
2. Indusind Bank
These banks will offer lower remittance charges for use with BSE INX GA.
You can keep a check on the updated list here - indiainxga.com
1. Kotak Bank
2. Indusind Bank
These banks will offer lower remittance charges for use with BSE INX GA.
You can keep a check on the updated list here - indiainxga.com
You can also use BSE INX GA with three additional banks in a completely digital manner.
This means the process is end to end digital. However, no preferential rates or fees have been worked out.
These are -
1. HDFC Bank
2. ICICI Bank
3. IDFC Bank
This means the process is end to end digital. However, no preferential rates or fees have been worked out.
These are -
1. HDFC Bank
2. ICICI Bank
3. IDFC Bank
Finally, you can also use other banks. However, this will require the use of an A2 form and can be quite cumbersome.
More info - indiainxga.com
More info - indiainxga.com
BSE INX GA is not only open for direct investment by Indian residents, it can also be accessed by foreign residents, NRIs and international corporates.
As of right now, to open an account you need to send an email to bdm@indiainxga.com and they will send you an onboarding link.
More information on the account opening process can be found here - indiainxga.com
More information on the account opening process can be found here - indiainxga.com
Excited to be a part of India's first generation of homegrown international investors.
So that we can all grow together, I started Indians Invest Globally. We are now one of India's largest communities of international investors.
So that we can all grow together, I started Indians Invest Globally. We are now one of India's largest communities of international investors.
To join, please fill out the form linked below.
At the end of the form, you will get the link to our Telegram group -
forms.gle
At the end of the form, you will get the link to our Telegram group -
forms.gle
Also, if you would like to join me on @StocktwitsIndia as I analyse and discuss international companies click here - bit.ly
Thank you for reading.
If you found this useful, please like and retweet so that it can reach and benefit the maximum number of people.
If you found this useful, please like and retweet so that it can reach and benefit the maximum number of people.
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