| Wire Instructions:
YOU
MUST NOTIFY US WHEN DOING A WIRE TRANSFER SO
THAT WE MAY ALLOCATE FUNDS PROPERLY! YOU MUST PROVIDE US WITH THE DATE
AND AMOUNT BEING WIRED AS WELL AS THE BANK FROM WHERE THE WIRE IS
COMING. E-MAIL: direct@friedberg.ca
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.
Note: Canadian dollar deposits will be converted and credited in United States dollars for trading purposes.
Canadian Dollars
Payment Instructions:
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United States Dollars
Payment Instructions: |
Destination Bank:
Bank of Montreal, First Canadian Place, Toronto, ON
Beneficiary:
Friedberg Mercantile Group Ltd.
Beneficiary Account #:
1403-394
REF: For Further Credit to Client's Name and Account #(Client's Name and "New" for New Accounts)
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Destination Bank:
JP Morgan Chase Bank, New York, N.Y., Swift / BIC address CHASUS33
Fedwire ABA 021000021
Beneficiary:
Friedberg Mercantile Group Ltd.
Beneficiary Bank Acct #: 066917115
REF: For Further Credit to Client's Name and Account #(Client's Name and "New" for New Accounts) |
Funding Your Friedberg Direct Account
- Certified cheques in Canadian$ or US$ drawn on a Canadian bank account in the name of the client opening the on-line forex trading account;
- Wire transfers in Canadian$ or US$ from a bank account in the name of the client opening the on-line forex trading account;
- Bank draft or money order in Canadian$ or US$ ONLY IF it is accompanied by a letter from the issuing bank confirming the source of the funds (i.e. that the draft or money order was purchased using funds from the client's bank account) [We will NOT require this letter if the draft is for $1000US or less]; or
- Uncertified cheque in Canadian$ or US$ drawn on a Canadian bank account in the name of the client. HOWEVER we will hold the cheque for ten days to allow it to clear.
Cheque Deposits:
Cheques should not be deposited directly into the bank account indicated above, as this will not ensure credit to your trading account. All checks should only be sent to the following address:
Friedberg Direct
c/o Michael David
BCE Place, 181 Bay St.,
Suite 250,
P.O. Box 866
Toronto, Ontario, M5J 2T3
Canada |
- Please make all checks payable to Friedberg Direct
- Friedberg Direct may not make nor receive any payment via a third party.
- Checks drawn on foreign bank accounts are not accepted and will be returned.
- New accounts should state: "Client Name, new account", i.e. John Smith, New Account.
- Certified, Cashier's, Official or Bank Checks will be deposited into your trading account upon receipt.
- Personal checks take up to 10 business days to clear.
- Personal checks will be accepted for regular accounts only (not Minis). Please note that personal checks take up to 10 business days to clear.
- Please indicate your ID# on all wires, checks, withdrawal requests, and any correspondence to Friedberg Direct to help expedite processing time.
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