How do I use Global Collect for a Local Deposit Transfer?
Global Collect is our payment service provider for local deposit transfers. To fund your account via local deposit please follow the steps below: • Deposit Amount: Enter the deposit amount. You can send funds in your local currency. • Trading Currency on MT4: Select the currency in which your MT4 Platform is currently denominated. Please note: If your account is being traded or managed by someone in a MAM (Multi Manager Account), make sure you select the currency in which the MAM is denominated in. • Payment Gateway: Select Global Collect • Payment Channel: Select Bank Transfer • Bank: Select the country from which you are funding. The corresponding bank is where you will be transferring funds to. Please note: You DO NOT have to have an existing account at this bank. For example, if you are funding in Singapore where the corresponding bank is HSBC, you DO NOT have to have a bank account at HSBC. You can simply transfer from your bank to HSBC. • Check Currency: Click the check currency
