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Support: Deposit Funds

Deposit by Telegraphic Transfer

A telegraphic transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender (GFT customers) nor the recipient (GFT) of the money handles the actual funds.

NO THIRD-PARTY PAYMENTS ARE ACCEPTED BY GFT.

GFT cannot accept third party deposits where the name on the bank account and the name on the GFT trading account differ.

Occasionally, additional information is required by GFT to verify deposit information. Should this occur, a copy of a bank statement and/or a receipt showing the name and account of the customer may be requested.

What type of account is this deposit for? Forex   CFDs
Are you wiring funds for a new or existing GFT account? New   Existing
What is your GFT account number?
What is the base currency of your GFT account?
What currency are you sending to GFT?
What is the amount you are sending?
What is the name on your bank account?*
What is your bank account number?

* Must be the same as the name on your GFT account.

When depositing funds into your GFT account, please send the same currency as the base currency of your account. Your bank will often convert your funds for a nominal charge. If you must deposit funds in a currency other than the base currency of your GFT account, GFT will convert the funds to your base currency. The conversion rate will be the current GFT Ask (Buy) rate plus a conversion premium of up to 3%. This premium covers the cost of purchasing small and uneven amounts of physical currency from other parties. Please note: Incurring this premium will reduce the net amount of funds deposited.


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