Frequently Asked Questions

FAQarrow iconUS Stocksarrow iconSelling US Stocks
Selling US Stocks
I have placed an order and received my stocks but am not able to sell them. What can I do here?

Your stocks aren’t considered fully purchased until the remittance against them is conducted. This means you need to pass a check called LRS which is mandated by the government.

Hence, your stocks will be placed under a sell-lock until your foreign remittance checks are completed (which includes LRS). This generally takes up to 1 working day from the time of order placement to get completed. Once this is done, you should be able to sell your stocks.

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Our partner bank hosts your Savings Account and follows all security standards per applicable regulations.
Your money is always safe with our banking partner - Federal Bank, is covered under the Deposit Insurance and Credit Guarantee Corporation Scheme. This insures your money up to ₹5 lakh.
Fi itself is not a bank and doesn’t hold or claim to have a banking license.
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