Support: Deposit Funds by Bank Transfer
If you intend to transfer* funds to GFT, please complete the section below to obtain the bank details that your bankers will require to remit the applicable currency.
*A bank 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 Global Markets customer) nor the recipient of the money (GFT Global Markets) sees or touches the actual funds. Therefore, depositing cash at a bank for the account of GFT Global Markets is NOT acceptable and will be rejected.
When depositing funds into your GFT Global Markets 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 Global Markets account, GFT Global Markets will convert the funds to your base currency. The conversion rate will be the current GFT Global Markets 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. Incurring this premium will reduce the net amount of funds deposited.
* Must be the same as the name on your GFT account.
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