Bennie se zeptá: S nástupem technologie a jejich doplňování, všechno se dnes stalo 'online', a to včetně obchodování! Všichni non-rezidentů dnes on-line obchod. Téměř všechny registrované makléři dnes nabízejí on-line obchodování v Equities zařízení pro non-rezidenty. Ale samozřejmě, existují určité předpoklady k tomu, aby mohli on-line obchod. Non-rezidenty, musí mít / Open: 1.
Bankovní účet u Portfolio Investment Scheme (PIS) Určená banka (DB) 2.
Demat účet s makléřem 3.
Makléřské účet u makléře. Před započetím dalšího, dejte nám říct, co přesně všechny tyto účty. PIS účtu: Portfolio Investment Scheme, známější jako PIS, účet je povinné pro všechny Indové žijící v zahraničí, a umožňuje non-rezidentů, aby investovali do akcií indických společností, založenou na repatriaci či non-repatriaci, pokud jde o akcie nebo konvertibilní dluhopisy prodány nebo prostřednictvím zapsaným nakoupených zásob makléř na uznávaném burze. Mějte na paměti, že jiné prostředky k získání akcií (jako bonus akcií, akcie zakoupit prostřednictvím IPO, atd.) není zahrnut v rámci tohoto systému. Demat / UMAT Účet: zaknihovaná nebo UMAT účtu je podobná jakékoliv konvenční bankovní účet, přičemž jediným rozdílem je, že tyto peníze se zabývá, zatímco první se zabývá prodejem a nákupem zásob. Vedený u depozitáře a otevřel prostřednictvím depozitáře Účastník (DP), jsme na nriinvestindia.com pomoci našim klientům k zahájení takového účtu v Indii. Makléřské / obchodní účet: Název by mohl zvuk složité, ale obchodní účet není nic, ale na účet vedený u populací, makléři, vám umožní nakupovat a prodávat akcie či jiné finanční nástroje, pomocí nich. Nyní, když víte, co znamenají tyto účty jsou nyní postupovat, abych vám řekl, jak otevřít tyto účty a různé dokumenty, které budete potřebovat, pokud existují, za stejné. Otevření bankovního účtu s PIS DB: Chcete investovat na sekundárním trhu, non-rezidentů požadovat povolení Reserve Bank of Indie ( "ICB"), a za to, co potřebujete k otevření bankovního účtu u NR podle PIS. Fond pro investice na trhu musí být směrován přes PIS bankovní účet. V makléři mohou mít kravatu-Up s UTI banka, HDFC banky, banka, atd. IndusInd pro tento účel, protože tyto jsou NR ICB, a může tedy vydávat ICB schválení non-rezidenty. Tento účet může být otevřen založen na tom, zda budete chtít po návratu z výhod investování (NRE účet) nebo nemají chce dávky na repatriaci při investování (NRO účtu). Makléři vám pošleme obchodním účtu kit oplocený s žádostí o otevření bankovního účtu a také s některou z výše uvedených-NR pod Portfolio Investment Scheme. To usnadní on-line obchodování pro non-obyvatelé na celém světě. Po obdržení těchto formulářů, DB bude otevřen dvě bankovních účtů - a PIS účet a non-PIS účet. Všechny investice, prodej a výtěžek bude prováděno prostřednictvím PIS účet. Mějte prosím na paměti, že PIS v úvahu potřeby, které mají být financovány před makléř může mít investice. Non-PIS v úvahu obvyklé funkce jako jakákoliv Spořitelna non-rezidenty účtu a operace jiné než ty, které vyplývají z PIS účet bude přes non-PIS účet. V případě NRO účty, non-PIS transakce by měla zahrnovat platbu na IPO a ESOP, výplaty dividend, mimo jiné. Musíte vyrábět tyto dokumenty a zároveň otevření PIS účet: * Doložená kopii pasu. * Doložená kopii kopie platného víza / pracovního povolení (Iqqama na Středním východě země). * Podrobnosti o stávajících akcií v držení obou NRI status & pobývajícího rezidenta řádně podepsané. * 3 pasové fotografie. NR zašle A / C náznak otevření přímo klientům & kopii ICB schválení je dodávána na makléře. Po obdržení ICB schválení od DB, zprostředkovatel přistoupí k dalšímu kroku - otevření Demat a makléřské účet. Otevření účtu UMAT s makléře: Na základě schválení ICB, zprostředkovatel se otevře UMAT účtu ve stejném stavu (NRE nebo NRO) a vzor (Joint nebo Single), jak je na účtu u banky. Shares are held here in an electronic form and shares bought by the client get credited on the second working day from the day of purchase. Example: Shares bought on Monday will be credited on Wednesday; those bought on Tuesday will be credited on Thursday, and so on.
Opening a Broking/Trading account with a broker : Broking account is a trading account with the help of which the client does the transactions of ‘buy’ and ‘sell’ in the Secondary Market. The broking account is opened after the DMAT account gets opened, and the former is linked with the latter.
Now that you know the process of opening the various accounts, we will now inform you, in detail, about the trading process and the transactions of ‘buy’ and ‘sell’.
Trading process : To enable the client to trade, the client is given, generally, a Trade Login User ID and a password. All the client has to do is place the “Buy” and “Sell” Orders on the Broker’s Trade Page. Most of the Brokers have user-friendly Trading System thus ensuring that the client has a pleasant trading experience.
Buy : By moving funds in her/his PIS account to the broker, the client can initiate a ‘buy’ transaction. The movement of the fund is done in less than a minute and accordingly the Trading Limit is updated facilitating the client to buy shares. Once the NRI has bought and/or sold the balance money, if any, the same has to be transferred by the client from her/his PIS account on receipt of the trade confirmation, and the Broker then sends it after the Market closes for the day. The National Stock Exchange (NSE) settles the delivery for shares bought on the second working day (example: if you bought a share on Monday it will be credited to your account on Wednesday and so on) from the Date of Purchase.
Sell : You need to have shares in your DMAT account to initiate a ‘sell’ transaction. The trading system would reject your order otherwise. The shares bought are, as mentioned above, credited to your account on the second working day and available for trade on the third day. The NSE settles the sale proceeds on the second day from the date of sale and the broker wires the money to the client’s PIS account, on the second day itself. The DB credits the proceeds into the client’s PIS account after Calculation Gains and deducting tax if any.
The client can get an update on the Broking account by looking at the ‘Accounts Statement’ on the broker’s trading website. The Daily Account Statement gives details of Funds Transfers - both for transfers done by the client to Broker & by Broker to the client’s PIS A/c and the date-wise break-up of shares bought or sold by the client.
VALUE ADDED SERVICES RENDERED BY THE BROKER FOR ONLINE NRI CLIENTS A broker will not ONLY take care of your transactions. She/he provides a lot of innumerable services. These include:
One-stop shop : Most of the brokers will open all the three accounts for you by coordinating for the same with the DB. So all the applicant has to do is fill up the relevant forms and give it to the broker.
Trade confirmations : Brokers will email you the details of the trade done for the day which will include confirmation for the trade done and the brokerage fee charged for the same.
Report transaction : Brokers will report every transaction done by a client to RBI by the DB.
Contract notes : In addition to the emails, the client can view their Digital Contract notes on the website.
PIS account queries/reconciliation : In order to ensure that the PIS account is regular, the broker shall coordinate with the DB and clarify all queries related to PIS transactions. Please note that every transaction done in the Trading account has to be reported through the DB.
Offline orders : Some brokers accept offline orders through emails, fax, and even over the phone, after confirming the identity of the client, thus permitting even those who do not have access to Internet/Computer. The brokers may also offer opening an account for liquidating the shares bought in Primary Market. They will also obtain the Auditor’s Certificate for such sales and the proceeds will be credited to your NRE/NRO Account after the tax has been deducted.
Processing of IPO Applications : The broker, on behalf of NRI clients, can apply for IPO relieving the client off the paper work. All the client has to do is indicate the number of shares to be applied for, either through an email or by filling the online application available on the broker’s website (most of the brokers provide such services).
TIP – Recommendation/Call of Stocks : Thanks to technology, brokers, today, send SMS and/or email alerts keeping their clients updated about the market. Clients having considerable holding in a particular stock also receive price alerts in addition to the latest market news.
Online helpdesk : Due to the boom in technology, brokers today are able to assist their clients through an ‘online helpdesk’, hence certifying that suggestions/solutions are provided to the clients immediately.
TRADING PROCESS Non-residents require the following documents depending on whether they are NRI, PIO or OCI:
Non-Resident Indian (NRI) requires PAN Card and a copy of the Indian Passport.
Person of Indian Origin (PIO) requires PIO Card, copy of Foreign Passport showing Indian birthplace and PAN Card.
Overseas Citizen of India (OCI) requires copy of OCI Card and PAN Card.
For further details please contact us at: contact@nriinvestindia.com or you may checkout the website: www.nriinvestindia.com
Non-residents can invest in both Primary and Secondary Markets with the help of a registered broker. These brokers offer a wide range of services warranting that the clients feel at home while making investment decisions.
THINGS NON-RESIDENTS CAN DO Vis-à-vis trading, non-residents today can do various kinds of trading as per their convenience. Some of them include:
Online Trading (stocks and derivatives) Various brokers give you tools used by institutions and professionals for trading in the Capital Market. Many of them provide an Online Trading Platform certifying non-residents to transact paper-free trading in ‘Equities and Derivatives’ segments. Such Online Trading System provides the most distinct services like Streaming Market Watch, Technical Analysis, AMO (After Market Order), Online Funds Transfer and NRI Online Helpdesk facilitating you to have a pleasant trading experience.
Offline Trading As said earlier, brokers, today, allow clients to place orders for trade through phone, email and/or fax.
Mutual Fund Investments Non-resident can invest in Indian Mutual Funds with the help of registered distributors or brokers. Some of them also offer simplified process that is free of all paperwork. These distributors also provide updates on the latest top funds, NAV, and new fund offer. They also provide performance report of various funds to ensure smart investments are made in the Mutual Fund segment.
Investment in Initial Public Offer (IPO) Investors can make paper-free investments through select brokers in the Primary Market – Initial Public Offer (IPO). Various details such as current and upcoming IPOs, performance of past IPOs, basis of allotment etc are provided by them making possible for their clients to make hassle free IPO investments.
ESOP Trading By offering value added service in the form of ESOP Trading, few good brokerage houses enable clients to liquidate the Stock Option given by their Employers and remit abroad the sale proceeds or reinvest the same in the Secondary Market.
Dematerialisation of Shares bought in Primary Market Usually brokers assist clients to convert their physical share certificates to electronic form (DMAT Form). All that the client has to do is open a NRI account and submit the DMAT Request along with the necessary certificates, and your broker will take care of everything else.
Important : The content above provides general information regarding how brokers help non-residents to open a trading account and let them trade. However, services and regulations may differ from broker to broker. Please check with your chosen broker for the same.