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Knowledge base: Wire Transfers
About Wire Transfer
Posted by on 28 January 2014 03:07 PM

Wire Transfer is an electronic payment service for transferring funds electronically between banks. Transfers can be made between personal or corporate accounts within one bank, or between accounts in different banks.

Please, note that according to AML and security standards, the name on the FXOpen eWallet must match the holder's name on the bank account, from/to which deposits and withdrawals are made. FXOpen does not accept wire deposits to the Client's account from third party bank accounts. We also do not process withdrawals from the Client's account to any third party bank accounts.

Please ensure the bank account you are requesting a withdraw to, is exactly the same bank account that you made the deposit from. If it is not, then the withdrawal will be rejected and will cause a delay in withdrawal of your funds.

At the moment, FXOpen UK accepts payments in the following currencies: USD, EUR, GBP.

Commission for a deposit depends on your bank.

Commission for a withdrawal - USD 30.00, EUR 15.00. Withdrawals in GBP to UK banks are free.

The processing time - up to 3 banking days.

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