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Terms and Conditions (Regulus)
Terms and Conditions Borderless Investing Inc. (hereinafter “Borderless Investing”), the owner of the Stockal platform, is a company registered under the laws of the United States of America (hereinafter “U.S.”), with its registered office at 1000 N ...What are the associated charges?
Here is a list of the associated charges by Borderless: Account opening: Free Monthly maintenance fee: $2 per month. Transaction - Borderless Instant method: $5 Transaction - SWIFT method: $15What is the W8-ben certification fee?
A fee of $5 would be deducted from the first fund transfer by Stockal’s brokerage partner, towards Tax Certification (W-8 Ben), a one-time fee upon a non-US account opening.How can I close my account?
You can request for an account closure from the profile section or write to us at help@borderless.world .How can I change my registered address?
You can write to us at help@borderless.world in case you need to change your registered residential address.
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FullyPaid Securities Lending Disclosure
Fully Paid Securities Lending Disclosure The disclosures for Fully Paid Securities Lending may be found here: https://legal.drivewealth.com/fpsl-disclosure https://legal.drivewealth.com/fpsl-master-securities-lending-agreementWhat is the difference between primary and contingency nominee?
In the abnormal circumstances where the primary nominee passes away prior to the Account Owner, the remaining portion may be payable proportionately to any surviving primary nominee. In the event that there isn't a surviving primary nominee, the ...What is the W8-ben certification fee?
A fee of $5 would be deducted from the first fund transfer by Stockal’s brokerage partner, towards Tax Certification (W-8 Ben), a one-time fee upon a non-US account opening.What are the TCS provisions (including thresholds, if any) in regards to the overseas investment made by an investor?
From 1st April 2025, Authorised Dealers (typically banks and remittance companies) will collect 20% TCS for remittances made for international investments exceeding a threshold of INR 10 lakh.What are the tax implications in India where my shares get vested with my nominee in case of my death?
There is no applicable estate duty in India on vesting of properties with the nominee in the event of death.