Online Payment Gateway facility just saved me!!

[minkswantfun]

Sometimes, good luck comes to your rescue during helpess situations.

Currently, I am working with Retail MNC as a Marketing Manager and maintain trading account with Indiabulls. During the recent bloodbath in the stock market, I was called upon one day by Atul (my RM in Indiabulls) about the insufficient margin and asked me to fill-in the account immediately to avoid dilution of my portfolio.

At that time, I was in Chandigarh on tour and was not in a position to hand him out the cheque as normal broking house demand during such situations.

Aghast!! I asked him the way to help me out. He asked me whether I maintain a savings a/c with ICICI, HDFC or IDBI since Indiabulls provide instant transfer funds facility with these banks. Thank God!! I said instantly, since I maintain regular savings a/c with HDFC. I found one cybercafe near to my conference venue from where I logged on to their trading website and transferred funds to my trading account instantly.

Friends!!! My main objective is to share my first hands-on experience with new technology that have helped in maintaing my trading account more efficiently than before. Dropping a cheque and waiting for 2 days to get it cleared are the things of passe. You can now use Online Payment gateways offered by your Stock Broker (especially if you are associated with big broking houses) to transfer funds instantly.

So, next time if you face the similar situation that I faced few days back, don't haste... Just log in online and transfer money easily.

Friends!! Do share your views if you too have faced such intersting situations while trading. ANd yes before I say Saayo-Nara!! I would like to say thanks to Traderji for creating this unqiue platform for Indian investors and I mjst say "Traderji you are doing a great job!!!!!"

 

[anjanr]

so whats gr8 abt this?

 

[TraderKing]

Hi I have also used the payment gateway facility of Indiabulls. it really is amazing and makes the trading experience totally seamless . I initiallly had a hitch in using the payment gateways but once i have started using it, i only transfer funds using the gateway only. the biggest advantage is that my funds get transferred instantly and at any hour. i am no longer dependent upon the bank for getting my funds cleared. I would recommend all indiabulls users to use the payment gateways by indiabulls. they are currently offering it for HDFC, ICICI and IDBI bank.

GR8 work indiabulls

 

[TraderKing]

Hi I have also used the payment gateway facility of Indiabulls. it really is amazing and makes the trading experience totally seamless . I initiallly had a hitch in using the payment gateways but once i have started using it, i only transfer funds using the gateway only. the biggest advantage is that my funds get transferred instantly and at any hour. i am no longer dependent upon the bank for getting my funds cleared. I would recommend all indiabulls users to use the payment gateways by indiabulls. they are currently offering it for HDFC, ICICI and IDBI bank.

GR8 work indiabulls !!

 

[nitinnanda]

No I guess the payment gateway facility provided by India bulls is very useful, it provided us with the benefits of making hassle free online transfer of funds.

 

[tiamehta]

Its good that you were saved. But these net banking options are very limited. Certain investors including myself may not have either of IDBI, ICICI or HDFC Account. Atleast Axis Bank and Citibank is required because customer base of these banks is also considerable. Nowadays some gateway providers give multiple payment options, which may be useful for such service providers which ultimately leads to customer satisfaction. Not sure much but have heard about www.ebs.in giving multiple payment options. Anyways hope to see best aspect of e-commerce in near future.

Also, wishing hearty thanks to traderji for attempting best & time saving effort

Sometimes, good luck comes to your rescue during helpess situations.

Currently, I am working with Retail MNC as a Marketing Manager and maintain trading account with Indiabulls. During the recent bloodbath in the stock market, I was called upon one day by Atul (my RM in Indiabulls) about the insufficient margin and asked me to fill-in the account immediately to avoid dilution of my portfolio.

At that time, I was in Chandigarh on tour and was not in a position to hand him out the cheque as normal broking house demand during such situations.

Aghast!! I asked him the way to help me out. He asked me whether I maintain a savings a/c with ICICI, HDFC or IDBI since Indiabulls provide instant transfer funds facility with these banks. Thank God!! I said instantly, since I maintain regular savings a/c with HDFC. I found one cybercafe near to my conference venue from where I logged on to their trading website and transferred funds to my trading account instantly.

Friends!!! My main objective is to share my first hands-on experience with new technology that have helped in maintaing my trading account more efficiently than before. Dropping a cheque and waiting for 2 days to get it cleared are the things of passe. You can now use Online Payment gateways offered by your Stock Broker (especially if you are associated with big broking houses) to transfer funds instantly.

So, next time if you face the similar situation that I faced few days back, don't haste... Just log in online and transfer money easily.

Friends!! Do share your views if you too have faced such intersting situations while trading. ANd yes before I say Saayo-Nara!! I would like to say thanks to Traderji for creating this unqiue platform for Indian investors and I mjst say "Traderji you are doing a great job!!!!!"

 

[deepaksuhas]

Money transfer from Citibank to Indiabulls

Hi Guys,
With the help of this site, blogs & views of members i had opened a trading account with indiabulls. This is a very useful site.
I am new to trading and opened a trading account with indiabulls. so, can anybody please suggest me how to transfer funds from my citibank a/c (which is linked with my Indiabulls) to Indiabulls trading a/c.

 

[VJAY]

Hi,
This facility is not any new technology.Many broking firms giving these facilities who have a/c with Axis/icici/hdfc/federal/idbi eyc.

Regards
VJAY

 

[S S]

Hi!

Something very incorrect that you did.........!

Any and every bank offering the net banking facility keeps on advising the clients time and again : "Do NOT use the cyber cafes for net banking. It may (repeat, may) lead to security problems with you bank account"

But being the first time user of the net banking that you had, possibly, ignored such useless advise from the bank, given earlier.

I was in Singapore for 3 months in 2006. I had not only done all my banking through net banking, but was also carrying my daily trades using the online trading activities on NSE from Singapore, through my broker.

Needless to say, that I had been carrying my laptop, wherever I go.

So, the first target for any online trading or net banking user is to get hold of a laptop for himself.

I am surprised as how the MNC works without alloting laptops to senior personnel. Today, even the middle management persons get company laptops, that can be net-connected using the cell phones, which are also given by the employer.

Sorry. I may be sounding harsh. But that is the ground relity today.
Nothing personal.
Cheers!

 

[pkamalesh]

Whats new in this brother???? do u think people here write a cheque and wait for days to get the money into their account???? dude guess the world has changed before u did...anyways thanks for sharing ur experience.....