What is the fund pay-in and pay-out process for global investments? What currency is used?

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Transfer Type	Process
Pay-in (Adding funds to your trading account)	* A request to transfer funds from an investor's local (Indian) bank account to their trading account.  * The LRS debit instruction will be given in USD. * The bank will convert the specified amount from INR to USD and remit the funds to the investor's trading account in the US
Pay-out (Withdrawing funds from your trading account)	* A request to withdraw funds (in USD) from an investor's trading account to his local (Indian) bank account. * The broker's bank will remit the investor's bank account with USD. * The investor's bank will convert the specified amount from USD to INR  and remit the funds to the investor's bank account.