How to transfer funds

12 Jul 2023

Deposit

COMMO T offers easy, secure, confidential and convenient solutions for the Clients to fund their trading account. Clients funds are fully segregated from COMMO T operating accounts at all times. COMMO T maintain the strictest policies to safeguard all Clients’ funds deposited at COMMO T.

OPTION 1: Cash Deposit at the CSA

• First Step: Visit one of COMMO T’s entrusted CSA recognized by SECC near you.
• Second Step: Deposit the fund to the CMA bank account under the name of COMMO T Co., Ltd (CMA) and providing the following information:
  • Clients’ Name
  • Clients’ Trading Account Number
  • Depositing Amount
  • Purpose of Depositing
• Third Step: After deposited, submit the deposit reference (receipt), along with the Clients’ Name and Clients’ Trading Account Number to COMMO T for review via [email protected]
• Fourth Step: When funds are successfully deposited, COMMO T will notify the Clients by email/SMS according to the instructions and the Clients can start trading!

OPTION 2: Bank Transfer/Cash Deposit at COMMO T

• First Step: Transfer fund from Clients’ Personal Account to COMMO T’s bank accounts or directly deposit with COMMO T and providing the following information:
  • Clients’ Name
  • Clients’ Trading Account Number
  • Depositing Amount
  • Purpose of Depositing
• Second Step: COMMO T will deposit Clients’ funds to the CMA account with the entrusted CSA recognized by SECC.
• Third Step: When funds are successfully deposited, COMMO T will notify the Clients by email/SMS according to the instructions and the Clients can start trading!

Remark in Transferring:

1. The Clients must be the ultimate beneficiary of the deposited funds.
2. The Clients must comply with all Anti-Money Laundering and Combating the Financing of Terrorism law and policies.
3. COMMO T will perform Due Diligence Measures in accordance with the requirements of the SECC. Please do not transfer funds to any other bank accounts not recognized by COMMO T Co., Ltd. If the Clients have any queries, Please contact your Account Executive or our Customer Service on [email protected] or (+855)86 988 900

Withdrawal

Withdrawing funds from Clients’ Account is quick, simple and easy. Clients can log in to COMMO T customer service center to apply for fund withdrawal.

• First Step: Clients send an application to COMMO T with the following information:
  • Clients’ Name
  • Clients’ Trading Account Number
  • Withdrawal Amount
  • Personal Account Information.
• Second Step: After application is received, COMMO T will check, audit, verify; if the remaining balance is greater than the requested amount and is payable to all the open positions, COMMO T will process their request. Else, Clients will be required to adjust the requested amount or close their open positions to enable withdrawal.

• Third Step: Once approved*, funds will be deducted from the Clients’ Trading Account and the withdrawal process will be affected along with notifications via Email/SMS according to the instructions. Else, Clients will be notified of the failure of the withdrawal and its reasons.

  *Important Notes:   Any withdrawal request received before 12:00PM, will be processed and completed on the same day. After 12:00PM, will be processed the next working day.

Please note: You need to create and open a Live Trading Account