Starting on Friday January 24th 2014, Forex Time (FXTM) will provide a new local bank wire payment service for clients in over 18 countries worldwide!
The local bank wire payment option offers international clients a swift and easy way to fund their FXTM trading account in EUR/USD without having to first convert currencies. Clients simply log in to MyFXTM and they can select their preferred deposit/withdrawal method there.
Local Bank Wire FAQ
Which countries/currencies can use the local bank wire?
The following countries will be eligible to enjoy the new service;
Argentina – ARS, Australia – AUD, Bahrain – BHD, Brazil – BRL, Bulgaria – BGN, Hong Kong – HKD, Iceland – ISK, Indonesia – IDR, Kuwait – KWD, Lebanon – LBP, Malaysia – MYR, Mexico – MXN, Poland – PLN, Qatar – QAR, Singapore – SGD, South Africa – ZAR, Taiwan – TWD, Turkey – TRY
What fees will I pay?
The deposit and withdrawal fees for the local bank wire service are detailed below:
Deposit - 3 EUR / 5 USD
Withdrawal - 2 EUR / 4 USD
How long will it take to transfer funds?
The processing times for deposits and withdrawals are detailed below*
Deposit - 24-48 hours
Withdrawal - 24 hours
The local bank wire payment service joins FXTM’s extensive list of deposit and withdrawal methods which can be viewed here.
For more information please contact FXTM on +44 203 734 22 55 or via Live Chat
* Please note that deposit/withdrawal processing times are based on clients providing the necessary information.