IIDI notified regarding the revision in the

Dec 31, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The India International Depository IFSC Limited (IIDI) on December 30, 2024, notified regarding the revision in the fees and charges to Demat account holder.

The following has been stated namely: -

• It states that the Charges for Bullion Depository Services include monthly fees for BDR creation and extinguishment: USD 5 for 1 KG Gold Bar or USD 0.50 for 100 Gms Gold Bar, and a documentation handling fee of USD 2 per KG for BDR extinguishment under UAE CEPA contracts.

• The charges shall be applicable with effect from February 01, 2025.

[Circular no. – IIDI IFSC/Bullion/2024-25/021]

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