- The NRI Transaction Process Flow is mentioned here and summarized in the below table:
- For the NRE Account, maintain a balance in the NRE Savings/PIS Account to avail a limit for purchasing securities.
- For the NRO account, transfer funds from the savings account to the broker bank account to avail limits for purchasing securities.
- Place an order to buy securities/sell securities.
- The broker will send Contract Notes (Separately for Buy & Sell) for NRE Account trade Settlement
- Broker will settle sell transactions by transferring client shares from client Demat Account to Broker Pool Account for exchange early pay-in.
- Client Bank will transfer funds from client PIS Bank to the broker bank account for purchase transactions.
- Post payment from client Bank, Broker will transfer purchased securities into client’s Demat Account
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