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Resources: Deposit Funds

Deposit by Bank Wire

A wire transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender (GFT customers) nor the recipient (GFT) of the money sees or touches the actual funds.

Are you wiring funds for a new or existing GFT account? New   Existing
What is your GFT account number?
What is the base currency of your GFT account?
What currency are you sending to GFT?
What is the amount you are sending?
What is the name on your bank account?*
What is your bank account number?

* Must be the same as the name on your GFT account.

When depositing funds into your GFT account, please send the same currency as the base currency of your account. Your bank will often convert your funds for a nominal charge.

If you must deposit funds in a currency other than the base currency of your GFT account, GFT will convert the funds to your base currency. The conversion rate will be the current GFT Ask (Buy) rate plus a conversion premium of up to 3%. This premium covers the cost of purchasing small and uneven amounts of physical currency from other parties. Incurring this premium will reduce the net amount of funds deposited.

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