Best Bank Account for Inward Remittance

[WhoU]

I have HDFC salary and BOB savings account. I get RSUs and ESPPs and sell them to get money in my Indian account.

I use inward remittance quite often and HDFC is a pain with calling RM and asking them to get approval for better rates etc.

Do you guys have experience with this? Which bank gives best inward remittance rate with no manual process involved?

 

[ranjanpr17]

@shashankverma Thanks for the reply.
- How much does vested charge for selling US stocks/ETFs? And what are the withdrawal charges to my Indian Bank Account?
- As far as i know in Fidelity, selling stocks is at 0% commision and then i can use IOB account for transferring at very less charges (fixed 250+GST, ~0.05% of sale). I want to know if transferring to vested and then transferring to my bank account would be cheaper? I have low 6 digit USD worth stocks to sell, which one do you recommend?

 

[srai98]

I have 30k USD RSUs in fidelity US account. I want to encash it. Fidelity is charging flat 2.5%. Resident Indian. No bank account in the US. HDFC salary account in India. Is there a way to avoid these steep charges. Kindly suggest.

If you don't mind, can you share which company RSU is this? I have Microsoft RSUs held in Fidelity but didn't hear about them taking 2.5% extra charges.