Is a deposit required for Regular Payments?

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

Yes, if you want to lock in a rate up front for your Regular Payments.

If you are happy to accept a rate on the scheduled day of the payment then no deposit would be required.

For more information about Regular Payments or deposit amounts, contact an OFXpert.

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Is a deposit required for Regular Payments?

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