For investing abroad through IBKR or Paasa, should I send one large amount occasionally, or is it fine to send smaller amounts every month like a SIP?
1 Answers
Because AU Bank does not charge a flat processing fee per transaction, there is zero cost disadvantage to sending smaller chunks (except the small difference in GST).
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Where do I download the account confirmation letter for my IBKR or Paasa account?
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What can I submit as "documentary evidence for the purpose of investment" when sending money to IBKR from AU Bank?
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Can I send money for overseas investment (purpose code S0001) from AU Bank online?
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Does AU Bank need the IBKR confirmation letter and a 1-year bank statement for every remittance?
1 answers
Which documents does AU Bank ask for at the branch for an LRS remittance to a foreign broker?
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How is TCS charged once my LRS remittances cross ₹10 lakh in a financial year?
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