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e-ATM
December 9 , 2018
2049 days
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- ICICI Securities (ISec), a brokerage firm, launched the ‘eATM’ instant fund credit feature.
- It will enable real-time payments in bank accounts upon selling stocks in Bombay Stock Exchange (BSE).
- This feature is available to retail investors who can get payment against sell of stocks in BSE instantly compared to earlier waiting time of T+2 days.
- The payment is made directly to the bank accounts to within 30 minutes and the limit is Rs. 50,000 per client per day.
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