How do I transfer money to HiFX?
Once you have bought your currency from HiFX, or your Market Order has been filled, you will receive a Contract Note (invoice), detailing our bank details and where you should transmit the funds.
You can transfer funds to HiFX via:
- CHAPS
- BACS
- Telegraphic Transfer
- Cheque (only for amounts of below £50,000).
Please note we do not accept cash.
Guide to International Payments and Clearance Times
Payment
method |
Clearance
(business days)
|
Same day
urgent |
Spot contract |
Forward contract
deposit |
Forward contract
balance |
| CHAPS* |
Same day |
ü
|
ü
|
ü
|
ü
|
| BACS |
3* |
û
|
û
|
ü
|
ü
|
Telegraphic
Transfer |
1-3 |
û
|
ü
|
ü
|
ü
|
| Cash |
No |
No |
No |
No |
No |
* CHAPS - please note the remitting bank may charge you £20-25 for guaranteed same day transfers.
** Payment needs to be sent in good time to ensure it arrives on time. Please speak to a member of the HiFX Team to confirm clearance periods and times.