Users can transfer funds using their savings bank account. Currently, ICICI and HDFC are the only banks that provide online remittance service for the purpose code S0001 (Indian portfolio investment abroad in equity shares). This process is offline with other banks. You need to submit an A2 and declaration form by visiting the bank or through our courier service. Below are the beneficiary bank details:
Bank Name: M&T Bank
ABA#: 022000046 (or routing number)
SWIFT code: MANTUS33
Bank Address: One M & T Plaza, Buffalo, NY 14203 Beneficiary Name: DriveWealth, LLC
Beneficiary Account Number: AC# 9870304186
Beneficiary’s Address: 97 Main Street, Second Floor, Chatham, NJ 07928
You need to add your DriveWealth account number in the 'Further credit to/special instructions' option. Please feel free to reach out to us if you need any further assistance.
