Advantages & Disadvantages

Discussion in 'Brokers & Trading Platforms' started by vmonu, Nov 13, 2009.

  1. vmonu

    vmonu Member

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    Hi
    Can anyone tell me what are the advantages and disadvantages if my Indiabulls Trading A/C is linked with one bank and Indiabulls Demat A/C is linked with another bank.
     
  2. MurAtt

    MurAtt Well-Known Member

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    What has Demat to do with bank?

    :confused:
     
  3. vmonu

    vmonu Member

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    I don't know:p but there is option in Indiabulls Bank Details updation form. There are 3 options :
    1. Linking my new Bank A/C to Trading A/C only
    2. Linking my new Bank A/C to Demat A/C only
    3. Linking to Both

    :confused:
     
  4. justmusafir

    justmusafir New Member

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    Hello,

    Most probably, the bank account for demat account is for payment of dividends etc. paid by the companies whose shares you hold. That will be directly credited in your bank account through ECS.

    Regards
     
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