Knowledge Base

Step 1: On the US stocks platform, tap the Funds icon on the top-right corner

Step 2: Tap on “Add Funds” and select HDFC Bank from the list.

Step 3: First-time users need to link the bank account by adding details like customer name as per banking records, bank account number, and IFSC of the HDFC bank account on the Samco app

Step 4: After successfully linking the bank account, enter the amount you want to transfer and check the dollar value you will get against this amount.

Step 5: Enter your HDFC Customer ID and click on Proceed.

Step 6: Enter the OTP you receive from HDFC Bank.

Step 7: Choose a mode from Net-Banking, Credit Card, or Debit Card for 2-Factor Authentication.

Step 8: On successful authentication, the bank exchanges your INR to USD and sends the amount to your Samco US stocks account.

Step 9: You are all set! The amount will be credited to your US stocks wallet within T+1 working days if the funds transfer process is completed before 1:30 PM IST, else expect USD to be credited by T+2 working days.

Note: If your HDFC Bank account is less than one year old, you will need to provide additional documentation.