India Banking Solution UPI & Netbanking Transfers India

Local Local Banking Solution is an instant interbank electronic fund transfer service that allows you to fund your account in local currency (INR).

	Deposit	Withdrawal
Currency:	INR	INR
Fees / Commission:	No commission	No commission
Processing Time:	1 business day	1 business day
Minimum amount per transaction:	₹ 1000	₹ 1000
Maximum amount per transaction:	₹ 50,000	₹ 20,000

Only Netbanking solution is available for Withdrawals

Steps to deposit with UPI and Netbanking Transfers India

Log in to your MyFXTM Dashboard
From the left-hand menu navigate to 'My Money' > 'Deposit funds' > 'UPI and Netbanking Transfers India'.
Check the pre-selected trading account or wallet and enter the local currency amount you'd like to deposit. You may also enter the amount in your trading account currency (e.g. US
Click the "Deposit" button next to "UPI and Netbanking Transfers India"
Enter your UPI account number and then click "Confirm".
Please recheck your deposit details and click "Submit". You will be redirected to the payment page with a list of available payment systems.
Complete the deposit.

Important:

It's strictly forbidden to write in-app messages when sending money. Payment execution won't be guaranteed.
The transfer amount should be the same as on the application form (MyFXTM dashboard) with all decimal places. No crediting of underpaid or overpaid funds will be made.
Funds are sent by intrabank transfer or according to the rules of the selected payment system. For bank transfers, the funds must be sent from the bank selected in the order.
Never use previously generated account details again. Each transfer requires new account details.
We don't accept payments from third parties. The bank account needs to be in your name.

You can place a withdrawal, by following these steps:

Log in to your MyFXTM Dashboard
From the left-hand menu navigate to 'My Money' > 'Withdraw funds' > "UPI and Netbanking Transfers India"
Selected trading account or wallet and enter the amount you'd like to withdraw. You will see the equivalent in INR that will be sent to your bank account.
Before the funds can be transferred to your bank account, we need to authorize this transaction

When you click “Authorize,” you will be redirected to the payment page to complete your payment.
Enter the banking account number to which you want to withdraw funds.
Provide IFSC code connected to your bank account. You can check with your bank if you have any questions.
Click the "Confirm".