What Happens When You Cancel the Standing Instruction?

When you cancel the Standing Instruction on Running Account Authorization, the process of fund settlement from your trading account to your bank account will change from a periodic (monthly/quarterly) process to a daily process. This means that any unutilized funds in your trading account at the end of each day will automatically be transferred to your linked bank account. Consequently, if you wish to place trades again, you will need to manually transfer the required funds back into your trading account before executing any trades.

Steps to Cancel Standing Instruction:

• Download, fill and sign the attached Form.
• Courier the form to the address mentioned in the Contact Us page. 

Important Note: After canceling the Standing Instruction, you will need to actively manage your funds. This involves manually transferring funds back to your trading account each time you wish to make a trade. Ensure that you plan accordingly to avoid any interruptions in your trading activities