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:
- The Clients must be the ultimate beneficiary of the deposited funds.
- The Clients must comply with all Anti-Money Laundering and Combating the Financing of Terrorism law and policies.
- 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.
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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