Change in Bank Account due to NEFT & RTGS and its Benefits

October 8, 2013 Trade Smart Updates 2 min read
Change in bank account for NEFT/RTGS

Faster NEFT/RTGS transfers with E-CMS facility

We are glad to introduce the Electronic Cash Management System (E-CMS) facility for our clients wishing to transfer funds through NEFT/RTGS.

In regular NEFT transfers the banks do not automatically provide detailed reports as to which account the funds are coming from. To expedite the process we asked you to send us a screenshot of the transfer.

Benefit of E-CMS
The benefit of transferring funds through E-CMS is that there wouldn’t be a need to provide us the screen-shot or mini statement of the transaction.

How does it work?
Henceforth please use the below account details to make NEFT/RTGS transfers:

Account Name: VNS Finance and Capital Serv Ltd
Bank Name: HDFC Bank Ltd
Branch: Sandoz Branch, Mumbai
IFSC code: HDFC0000240
*Account number: VNSFIN

*Our account number for E-CMS is a special alphanumeric code and consists of prefix VNSFIN+
For eg.
Account number will be: VNSFINY1111

For your convenience we’ve also created a video on How to transfer funds using E-CMS.

The above detail can also be found on the Fund Transfer page on our website.

Points to remember

1) The client code in the account number to be used is the client code as per our backoffice.

2) There should not be any spaces or special characters in account no.

3) In case of an incomplete or incorrect account code the request may be rejected.

4) Kindly note the E-CMS Account number is for RTGS / NEFT from other banks for our existing clients only.
Please let us know in case you have any questions.

Please also let us know if you are presently facing any problem or difficulty with trading. We will make sure that the issue is resolved at the earliest.

Smart tip: Please do not share your login password & transaction password with anyone, not even with Trade Smart Online staff. We will never ask you for your login details.

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  • Pincodezone says:

    This is absolutely exceptional. Even though variety of article on this topic, this article carries a number of the treasured points which had been never be read in other articles.

  • Pincodestreet says:

    Many people will get lot of benefits by reading this kind of informational stuff .Thank you so much for this .

  • ifsc code says:

    IFSC codes are maintained by RBI (Reserve Bank of India) and it has complete list of all the branches of all the banks that provide online fund transfer facility to their customers.

  • Trade Smart Online says:

    Hello Shaukhat Khan,
    In case you have HDFC bank linked to your trading account then you may use Instant Fund Transfer facility with Nominal Charge.

    You may also transfer through NEFT by using HDFC ECMS facility. As per RBI’s NEFT cycle this requires 3-5 hours to get the credits into your trading account.

  • Shaukat Khan says:

    Unable to add you as my beneficiary in my hdfc bank account due to IFSC code is not recognized so unable to transfer/Pay-in. Please suggest.


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