Do I need to pay a deposit for a recurring transfer?

For recurring transfers, or fixed payment plans, an advance payment (deposit) is necessary to cover any market risk exposure we may face. No deposit is necessary for non-fixed payment plans. 

The deposit is the equivalent of one instalment and you’ll need to transfer it together with your first instalment. Please note that the deposit is not a fee and we’ll use it to pay off the last instalment of your recurring transfer plan.

If you have any questions that aren't answered in our FAQs, feel free to ask us here.

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