I would like to suggest IDFC First bank to be added to your one-tap funds transfer feature.
@Pranita @PravinJ When using this facility I did a test transaction. In the statement in ICICI mobile app it never say anything which can relate the transaction to Dhan One tap Funds. No description just Debit trxn and id. How can I verify at end of month ? use some description when deducting the funds so it reflects in the statement for easy checking.
And 2nd thing What is the minimum and Max transaction for this facility?
Hey @Sahil ,
Apologies for the late revert. Let us check with the bank for entries in your ICICI Bank statement. There is no minimum amount for fund addition & max limit is 5 cr with the 3 in 1 facility.
Thanks,
Pranita
Isnât that âš100 to be minimum amount to be added?
Okay, Let me know when you have any update for Bank entries description. Ideally it should say Dhan in the Entry just random number are not very useful info just a feedback.
Thanks ![]()
@Sahil I basically use NEFT to transfer money from ICICI which ideally takes around 15 mins. I understand that it has a delay and additional step of opening the bank app to transfer but its ok because 15 mins doesnât hurt for my scenario. I am looking at one-tap but my confusion is the same as what comes in my bank statement which can help me. When I do NEFT, it comes as Moneylicious as the beneficiary. What happens in one-tap and what is the destination account that you see?
Does linking ICICI a/c, turns Dhan A/c into 3-in-1 Account?
@nitishbangera The one tap thing works extremely well super smooth and lightning fast I havenât experienced anything like it before, once you use it you will forget everything else. They have done a very good job on it. But they missed on this small important detail of some clear description in statement and transaction email which we get from ICICI on statement it shows only this âDebit Trxn BRK/NA/2026846XXXXXâ Basically some random transaction number nothing mentioned as DHAN or Moneylicious or anything thatâs the only con as of now. I hope @Pranita will take care of this issue maybe not immediately but in the near future that still works.
You can watch the intro video to get clarity
This is good. Well will wait till the message issue is sorted.
BRK/NA/ is already unique in itself, i donât understand why people want narration in statements to change
I donât think any other transaction will have this BRK/NA/ in narration.
This one tap transfer is one such feature which is bug free and seemless from Dhan
Hi @Pradumya This is narration given as per bank, we will check if there is flexibility at the bankâs end to update it.
Ji @PravinJ sir, I donât mind having the existing narration or any other narrations in statement as long as it remains unique. I simply refer to BRK/NA/ transactions as Dhan add money transactions.
exactly! itâs not really a concern at all. you can easily anyways get the statement from broker regarding funds added/withdrawal. itâs not like weâve used this one tap facility to buy vada pav or panipuri. itâs trading account so amount and frequency of transactions wonât be much and we can easily bifurcate which one are for trading account so not really an issue IMO.
Hey @Sahil ,
We have made the necessary changes in the narration. Let us know if it helps!
Thanks,
Pranita
@Pranita Can you share what would the narration look like now when we use the ICICI One Tap from Dhan?
@Pranita Any plans to integrate Other Banks as Well?
You have forgotten Nifty, Banknifty & Finnifty heavyweight - HDFC Bank & PSU Heavyweight in it(SBI)
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Hi @Pranita , I checked itâs working now as expected. Thanks, It would have been nice if it would have said âDhanâ instead of Raise Securities but Iâm sure that would be for technical or legal reason. But itâs fine.
Thanks,
Sahil
Hey @Sahil What is the narration that you see now when you use one-tap?