IndMoney is now processing bank-to-US-wallet transfers in approximately 4 hours or less. Meanwhile, Dhan takes an average of 4 days.
A significant gap in fund remittance turnaround time that deserves serious introspection by Team Dhan. Speed of fund movement is a critical part.
IndMoney has matched both brokerage at 0.10% capped at $10 as well as exchange rate. IndMoney has set a minimum of ₹1000 for remittance now.
Additionally, IndMoney is bringing LSE and some other exchanges which is in beta.
Given the parity of brokerage and exchange rates, the features on IndMoney is far superior.
Hope you are taking note.
