Chittorgarh.com
Free Trading + Demat Account

Why does broker require a Power of Attorney (PoA) for the iTrade demat account?

asked

 

The PoA gives limited rights to the broker to withdraw shares from your trading account to settle the sell transaction in your linked trading account. Without PoA, the broker cannot withdraw the shares from your demat account and thus cannot complete the sell transaction.

answered

Ask Your Question
Ask Your Question

Comments

No comments found. Be the first to post a comment.




Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App