---
title: "What standing instructions and consents does Arrow take when ..."
description: "The standing instructions and consents taken by iRage are as follows:"
category: account-opening
subcategory: resident-individual
slug: what-standing-instructions-and-consents-does-irage-take-when
canonical: https://support.arrow.trade/account-opening/resident-individual/what-standing-instructions-and-consents-does-irage-take-when/
---

# What standing instructions and consents does Arrow take when ...

> The standing instructions and consents taken by iRage are as follows:

## Short answer

The standing instructions and consents taken by iRage are as follows:

Purchase waiver/Confirmation waiver is the instruction from the demat account holder to the Depository Participant (DP) to receive credit to the account. A purchase waiver is mandatory to credit shares when they are purchased from the trading account or transferred from another broker.

iRage flags the Pledge Standing Instruction (SI) as No by default. To change it, open the account offline.

iRage will send the account statements monthly. To change the preference, open the account offline.

iRage will send the account statements to the registered email ID. To receive it physically, open the account offline.

iRage flags the default nomination value on the periodic statement of holdings as Y or N, depending on the investor's choice.

Email ID is shared with the company Registrar and Transfer agents (RTA) of the shares held in the demat account to receive corporate action notifications, annual reports etc.

The mode of receiving the annual report and contract notes is electronic. To receive it physically, open the account offline.

Dividends and interest will be credited to the primary bank account linked to the Arrow account.

The demat account is marked as a Basic Services Demat Account (BSDA) by default. It is updated based on the eligibility criteria information received from the depositories.

If the above consents need to be changed, you must open the account offline.

## Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name **Arrow**. Registered office: Gift City, Gandhinagar.

## Related

- Browse more in [resident individual](/account-opening/resident-individual/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

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Source: https://support.arrow.trade/account-opening/resident-individual/what-standing-instructions-and-consents-does-irage-take-when/
Publisher: Arrow / iRage Broking Services LLP