| Address: | 600001 | | Website: | trade.edelweiss.in/Edelweiss |
On .25th Nov'15- I have sold Rs.16, 500/- worth of Shares & On 26th Nov'15- Edelweiss process the payment.and thereafter, the payment is not credited.Despite several phone calls, mail, etc., finally, they told me that the payment is sent thru' cheque.
My questions are:-
PAY IN are accepting thru' on line transfer but
PAY OUT are disbursing thru' Cheque. Why there is difference?
When the Edelweiss need fund they will accept ONLINE but
When we need fund Edelweiss can send thru' cheque to the registered address which would have been changed often due to shifting of residence.
I understand from Edelweiss point of View- The customer should changed their mind set and to forfeit the withdrawal.that's why the funds pay our are dragging...
I am getting dividends rarely automatic credited to my account which means NEFT enabled.
As per SEBI- Any unused funds should be transferred to their respective account by every quarter.
STILL THE AMOUNT IS NOT CREDITED -As tough the NEFT enabled form has been sent thru' mail & courier but of NO USE.
LACK OF TRANSPARENCY AND TRUST.
POOR & INEFFICIENT MANAGEMENT
INEFFECTIVE COMMUNICATION.
POOR HANDLING OF CLIENTS.
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