Why is my fund transfer showing as pending?

A pending fund transfer usually means your payment is still within the normal processing window. Here are the most common reasons: 1. Payment mode processing time Different payment modes have different reflection times: UPI / Net Banking : Generally instant, but may take a few minutes in rare cases. IMPS […]

What are fund transfer charges?

A payment gateway charge of $1 per transaction is applicable when you add funds to your US Stocks account. This charge is levied by the payment gateway partner and not by Samco. There are no charges for fund transfers beyond this $1 gateway fee.

What is IGST and why is it charged?

IGST (Integrated Goods and Services Tax) is an Indian government tax charged at 18% on the brokerage amount for all US stock trades. It is applicable to Indian residents only. Think of it the same way GST is applied on brokerage for your Indian stock trades and it works exactly […]