When you sell RSUs or exercise ESOPs, the sale proceeds sit in USD at your employer’s broker. Fidelity, Morgan Stanley, E*TRADE, Computershare, Charles Schwab, and others.

Instead of bringing that money to India and sending it back out again, you can transfer it directly from your employer’s broker to your Vested account within the US banking system. The money never touches India. It stays in USD throughout. No FX conversion, no LRS utilisation, no TCS.

The RBI’s updated guidelines from July 2024 make this even clearer. You are now explicitly permitted to reinvest RSU and ESOP sale proceeds in other foreign securities without first repatriating to India, provided the reinvestment happens within 180 days of the sale.

Here is how to do it.

Open the Vested app and go to Transfer, then Add Funds, then ESOP/RSU Transfer. Find your employer’s broker from the list. Vested supports Fidelity, Morgan Stanley, E*TRADE, Computershare, Charles Schwab, and others. If your broker is not listed, tap View General Instructions to get the wire transfer details for any broker. Download the PDF instructions for your specific broker and follow the steps to initiate the wire from your employer platform.

If you need help at any stage, tap Request Callback on the ESOP/RSU page.

Here is how this route compares to the standard India repatriation route:

The only cost you pay in the direct route is the one-time wire fee your employer’s broker charges, typically <$50 (please check with your employer’s broker for exact rates). Everything else, the FX markups, the flat Indian bank fee, the GST, the TCS, none of it applies.

On ₹20 lakh worth of RSU proceeds, the savings between the two routes can easily be ₹50,000 to ₹80,000 when you account for two FX conversions and TCS.