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Wire Instructions - USD Only*
The wire instructions for domestic and
international wires are different. In
order to expedite receipt of your wire
transfer, please use the appropriate
wire instructions.
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1. To whom should the wire be
sent? |
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2.
Can I send wire transfers in
foreign currency? |
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3. May I
send a wire drawn on someone
else's account? |
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4.
How long will it take for my
wire to appear in my trading
account? |
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5.
How do I fund a Non-USD
denominated account? |
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To whom should the wire be sent?
Wire transfers in USD should be
sent to Forex Capital Markets.
Can I send wire
transfers in foreign currency?
For USD denominated accounts,
FXCM accepts funds in multiple
currencies. If you send foreign
currency to our USD Account, the
bank will automatically convert
it to US Dollars at an exchange
rate specified by them, which
will not necessarily be
favorable.
For Non-USD denominated
accounts, FXCM accepts deposits
in Great Britain Pounds, Euros,
and Japanese Yen. For further
information on Non-USD based
accounts, please
click here
.
If you would like to wire funds
in euros or Great Britain pounds
to fund a USD denominated
account, or would like FXCM to
convert USD to fund a Non-USD
denominated account, please
contact FXCM's operations
department at 1.212.897.7660 or
at
admin@fxcm.com
.
May I send a wire
drawn on someone else’s account?
No. FXCM may not make nor
receive any payment via a third
party – We can neither guarantee
the receipt, nor the return of
such payments.
How long will it
take for my wire to appear in my
trading account?
Like official checks, wire
transfers will be deposited into
your trading account upon
receipt.
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DOMESTIC USD
Payment Instructions: |
INTERNATIONAL USD
Payment Instructions: |
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Beneficiary: Forex
Capital Markets
Beneficiary Account #:
9420391109
Fedwire
ABA #: 021200339
Fleet National Bank (NY)**
REF:
For Further Credit to
Client's Name and Account
#(Client's Name and "New" for
New Accounts)
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Beneficiary: Forex
Capital Markets
Beneficiary Account #:
9420391109
SWIFT
CODE: FNBBUS33
Fleet National Bank (NY)**
REF:
For Further Credit to
Client's Name and Account
#(Client's Name and "New" for
New Accounts) |
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**
A branch address is not
necessary for a transaction that
is destined for an account that
is maintained with a Fleet
United States location. If the
sender advises that a branch
address is required to send the
transfer, Fleet’s head office
address can be provided:
Fleet National Bank
100 Federal St
Boston, MA 02110
Checks and
correspondence should not be
sent to this address. For check
depositing information, please
click
here.
**FXCM
cannot guarantee exchange rates
for non-USD deposits. If you
would like to fund your account
with foreign currency, please
contact
admin@fxcm.com
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How do I fund a
Non-USD denominated account?
Non-USD
denominated accounts must be
funded via wire transfer,
preferably in the currency
denomination of the account. If
you do not plan to wire funds in
the denomination of your desired
trading account, please contact
FXCM's
operations
department. Funds
may be wired to the following
accounts:
Barclays Bank
Pall Mall Branch, United Kingdom
Sort Code: 20-67-59
Swift Code: BARCGB22
Beneficiary: Forex
Capital Markets LLC
for GBP deposits, send funds
to account number 80726850
for EUR deposits, send funds to
account number 82671177
for JPY deposits, send funds to
account number 64125788
Managed Forex trading is not for everyone. This
IRA Forex fund trades all major foreign currencies
such as the Euro dollar, British pound, Swiss franc, Japanese yen, Australian
dollar and Canadian dollar. Managed Forex
trading trading
is a challenging and potentially profitable opportunity for educated and
experienced investors. However, before deciding to participate in this Managed Forex
trading
fund, you should carefully consider your investment objectives, level of
experience and risk appetite. Most importantly, do not invest in any IRA Forex
fund with money you cannot
afford to lose. More
over, the leveraged nature of
Managed Forex trading
means that any market movement will
have an equally proportional effect on your deposited funds. This may work
against you as well as for you. The possibility exists that you could sustain a
total loss of initial margin funds in your trading
account. You
should carefully consider the experience and background of the trading manager
as well as the manner which you are charged commissions before you invest.
This IRA
Managed Forex trading
program has no front or back no load. The trading manager is compensated
primarily
on a percentage of profits
from the prior highest end on month account value after adjusting for additions and withdrawals
. Forex trading is a qualified investment for this IRA Forex fund.
Copyright © 2003
4xdirect. All rights reserved.
Revised: 11/09/08.
IRA Managed Forex trading fund.
Professionally managed
Forex trading fund and currency trading fund that is Roth IRA qualified. Our
Managed Forex trading fund manager has
over 20 years market experience in both Forex trading and foreign currency
trading. |
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