Frequently Asked Questions

FAQarrow iconUS Stocksarrow iconSelling US Stocks
Selling US Stocks
What happens to my US stock holdings if I want to close my Federal Bank Savings Account linked to Fi?

You will have 2 (Market Open) days to sell off all US Stock holdings. Once the proceeds of the sales of US Stocks reach your Federal Bank Savings Account on Fi, you can then go ahead and close the Federal Bank account on Fi.

Fi partners with the best to secure your money

Federal Bank
PCI
ISO 27001:2013
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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