Withdrawals - International Bank Transfer
How to Withdraw through International Bank Transfer?
1. Click on Client Portal Link
2. Click on Withdraw Funds
3. Select the Account number and withdrawal amount.
You may confirm the amount with TFA, to ensure current active positions are not affected by the withdrawal.
4. Withdrawals up to the deposit amount are required to be returned to the original depositing method. (You have likely withdrawn above that amount if you are reading this guide)
You will see the Credit Card amount as $0
You will see that there is an additional
Withdrawal method
You can ignore the currency sign, it will always be in the currency you opened the account.
5. Select International Bank Transfer
(You may use the other options as well if you like)
6. Scroll down
You will find a drop-down to Select Bank Account
Click on “Add bank account”
7. Fill in these details from your Bank Statement
Upload a copy of Bank Statement
Select “Remember my account” to save these details for next month
8. Please check with your Bank about International Receivable Fees. Each bank has a different rate and some even have a percentage (Avoid)
Please note that according to the TFA User License Agreement, you must cover the expense of the fees due to the various fee range across the banks.
TFA will raise an invoice based on the amount you withdraw from MetaTrader.
Approx amounts:
HSBC – £5-12
Natwest – £9
Monzo – £12
