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Account Funding
PSS FOREX offers three convenient ways to fund trading accounts. A minimum balance is to be maintained at all times – US$500 for Standard accounts, US$50 for Mini accounts and US$10 for Micro accounts.
Bank Wire FAQs
Credit Card & Debit Card FAQs
Paypal FAQs
Deposit FAQs
Withdrawal FAQs
How much is the minimum initial deposit?
A. The minimum initial deposit for a Micro account is US$100.
B. The minimum initial deposit for a Mini account is US$500.
C. The minimum initial deposit for a Standard account is US$3,000. What is the minimum and maximum deposit for a bank wire transfer? The minimum deposit for a bank wire transfer is US$250, and there is no maximum amount of deposit. How can I fund my account using a bank wire transfer?
How long does it take to get a bank transfer from abroad?
Terms of transferring payments depend on implemented payments rules that are set in a payer's bank as well as on the number of correspondent banks involved in the flow of payments. Usually, bank money transfer takes two (2) business days.
When will my funds be posted to my account?
Your funds will be posted to your trading account within 24 hours of receipt.
Is there any fee for depositing funds to my account using a bank wire transfer?
No, PSS FOREX charges no fee for any incoming fund. In addition, PSS FOREX will cover any local bank charge deducted from the transferred fund from the wire recipient bank. However, the wire issuing bank or intermediary bank may deduct a wire fee from the transferred fund unless the sender of the fund pays it separately.
Can I send wire transfers in a foreign currency?
PSS FOREX accepts funds in multiple currencies. If you send foreign currency to our USD account, the bank will automatically convert it to US dollars at an exchange rate specified by them, which will not necessarily be favorable.
How do I fund a non-USD denominated account?
Non-USD denominated accounts must be funded via wire transfer, preferably in the currency denomination of the account. If you do not plan to wire funds in the denomination of your desired trading account, please contact PSS FOREX's Operations Department.
B. The minimum initial deposit for a Mini account is US$500.
C. The minimum initial deposit for a Standard account is US$3,000. What is the minimum and maximum deposit for a bank wire transfer? The minimum deposit for a bank wire transfer is US$250, and there is no maximum amount of deposit. How can I fund my account using a bank wire transfer?
| Beneficiary Bank: | HSBC Hong Kong |
| Swift Address: | HSBCHKHHHKH |
| Beneficiary Institution: | PSS |
| Beneficiary Account: | 411-505381-838 |
| Reference: | Further to be credited name of client and your trading account number |
| If the fund is to open a new trading account, please write "New" instead of a trading account number. | |
| - No payment via a third party will be accepted. | |
| - Usually, bank wires are posted to your trading account within three (3) business days. | |
| - The client will receive a confirmation e-mail confirming the receipt of the fund that is already deposited to the account. | |
How can I withdraw the fund from my account?
A. You may go to your member control panel and issue payment instruction.
B. Fill-up the Withdrawal Request Form and e-mail, fax or mail it to us.
E-mail: accounting@pssforex.com
Fax: +46.8.501.09266
Mail: Attn: Withdraw
Online Trading Department
Private Scandinavian Sparkasse and Credit Corp., SA.
Stureplan 4c,
11435 Stockholm,
Sweden Are there any charges for a bank wire withdrawal? Yes, there is a US$35 processing fee that will be deducted from the amount to be withdrawn. How long does it take to process the withdrawal request? Normally, it is processed within 24 hours upon receipt. How long does it take for me to get my fund back? Terms of transferring payments depend on effecting payments rules that are set in a sender's bank as well as on the number of correspondent banks involved in the flow of payments. Usually bank money transfer takes two (2) business days. How much minimum balance do we need to maintain? You must maintain a minimum balance of US$500 in Standard accounts, US$100 for Mini accounts and US$50 for Micro accounts in order to maintain a live account status. In addition, any account with the remaining balance of less than US$50 will be archived if such accounts are inactive for more than one year. What would happen if the balance is less than the minimum requirement? Withdrawals resulting in a balance less than the minimum requirement will result in the full balance being sent out and the account being closed. Closed accounts will be archived after a given period of time. You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? In this case, it is wise to prompt the payment inquiry. We recommend you to send an e-mail to our Payments Department (withdraw@pssforex.com) with your withdrawal details and request a copy of the document confirming the money transfer. Once you get this document, contact your bank to clarify the circumstances. Please note that our Payments Department processes the money transfer according to your Withdrawal Form sent from your Personal Area. If you made a mistake filling a Withdrawal Form, contact our Payments Department and ask to send a payment confirmation with correct payment details to the beneficiary bank.
Fax: +46.8.501.09266
Mail: Attn: Withdraw
Online Trading Department
Private Scandinavian Sparkasse and Credit Corp., SA.
Stureplan 4c,
11435 Stockholm,
Sweden Are there any charges for a bank wire withdrawal? Yes, there is a US$35 processing fee that will be deducted from the amount to be withdrawn. How long does it take to process the withdrawal request? Normally, it is processed within 24 hours upon receipt. How long does it take for me to get my fund back? Terms of transferring payments depend on effecting payments rules that are set in a sender's bank as well as on the number of correspondent banks involved in the flow of payments. Usually bank money transfer takes two (2) business days. How much minimum balance do we need to maintain? You must maintain a minimum balance of US$500 in Standard accounts, US$100 for Mini accounts and US$50 for Micro accounts in order to maintain a live account status. In addition, any account with the remaining balance of less than US$50 will be archived if such accounts are inactive for more than one year. What would happen if the balance is less than the minimum requirement? Withdrawals resulting in a balance less than the minimum requirement will result in the full balance being sent out and the account being closed. Closed accounts will be archived after a given period of time. You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? In this case, it is wise to prompt the payment inquiry. We recommend you to send an e-mail to our Payments Department (withdraw@pssforex.com) with your withdrawal details and request a copy of the document confirming the money transfer. Once you get this document, contact your bank to clarify the circumstances. Please note that our Payments Department processes the money transfer according to your Withdrawal Form sent from your Personal Area. If you made a mistake filling a Withdrawal Form, contact our Payments Department and ask to send a payment confirmation with correct payment details to the beneficiary bank.
Deposit FAQs
Withdrawal FAQs
How much is the minimum initial deposit?
A. The minimum initial deposit for a Micro account is US$100.
B. The minimum initial deposit for a Mini account is US$500.
C. The minimum initial deposit for a Standard account is US$3,000. What is the minimum and maximum deposit for a credit card deposit? The minimum deposit for use of our online system is US$100. The maximum deposit is US$5,000 within one calendar month. How can I fund my account using a credit card? a. Click here to fund your account using a credit card.
b. Follow the instructions online and complete the necessary information needed.
c. Payments from cards, which are verified by our payment administrator, will be posted to your trading account within (1) one business day of the initial online transaction.
d. CVV2 information must be provided and verified by our payment administrator in order for funds to be cleared within one (1) business day. CVV2 consists of the last three digits on the back of your card.
e. Your funds will be cleared from our bank to your trading account.
f. The client will receive a confirmation e-mail confirming the receipt of the fund and that it is already deposited to the account. Is there any fee for depositing funds to my account using a credit card? Yes, any credit card deposit is subjected to a 2.5% merchant bank processing fee. However, PSS FOREX adds a 5% trading credit to clients' funds in order to cover any discount rate charged by the merchant bank. Can I pay with a Diner's card? American Express? Maestro? At this time, we only accept Visa and MasterCard. Can I pay via credit card from any country? We accept payments from over 150 countries worldwide. All funds will be converted to USD prior to receipt. Please check with your card-issuing company for exact conversion rates.
B. The minimum initial deposit for a Mini account is US$500.
C. The minimum initial deposit for a Standard account is US$3,000. What is the minimum and maximum deposit for a credit card deposit? The minimum deposit for use of our online system is US$100. The maximum deposit is US$5,000 within one calendar month. How can I fund my account using a credit card? a. Click here to fund your account using a credit card.
b. Follow the instructions online and complete the necessary information needed.
c. Payments from cards, which are verified by our payment administrator, will be posted to your trading account within (1) one business day of the initial online transaction.
d. CVV2 information must be provided and verified by our payment administrator in order for funds to be cleared within one (1) business day. CVV2 consists of the last three digits on the back of your card.
e. Your funds will be cleared from our bank to your trading account.
f. The client will receive a confirmation e-mail confirming the receipt of the fund and that it is already deposited to the account. Is there any fee for depositing funds to my account using a credit card? Yes, any credit card deposit is subjected to a 2.5% merchant bank processing fee. However, PSS FOREX adds a 5% trading credit to clients' funds in order to cover any discount rate charged by the merchant bank. Can I pay with a Diner's card? American Express? Maestro? At this time, we only accept Visa and MasterCard. Can I pay via credit card from any country? We accept payments from over 150 countries worldwide. All funds will be converted to USD prior to receipt. Please check with your card-issuing company for exact conversion rates.
How can I withdraw the fund from my account?
A. You may go to your member control panel and issue payment instruction.
B. Fill-up the Withdrawal Request Form and e-mail, fax or mail it to us.
E-mail: accounting@pssforex.com
Fax: +46.8.501.09266
Mail: Attn: Withdraw
Online Trading Department
Private Scandinavian Sparkasse and Credit Corp., SA.
Stureplan 4c,
11435 Stockholm,
Sweden How long does it take to process the withdrawal request? Normally, it is processed within 24 hours upon receipt. How long does it take for me to get my fund back? It usually takes four (4) to five (5) business days. However, it may vary depending on the credit card issuing bank. How much is the maintaining balance? You must maintain a minimum balance of US$500 in Standard accounts, US$100 for Mini accounts and US$50 for Micro accounts in order to maintain a live account status. In addition, any account with the remaining balance of less than US$50 will be archived if such accounts are inactive for more than one year. What would happen if the balance is less than the minimum requirement? Withdrawals resulting in a balance less than the minimum requirement will result in the full balance being sent out and the account being closed. Closed accounts will be archived after a given period of time. You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? In this case, it is wise to prompt the payment inquiry. We recommend you to send an e-mail to our Payments Department (withdraw@pssforex.com) with your withdrawal details and request a copy of the document confirming the money transfer. Once you get this document, contact your bank to clarify the circumstances. Please note that our Payments Department processes the money transfer according to your Withdrawal Form sent from your Personal Area. If you made a mistake filling a Withdrawal Form, contact our Payments Department and ask to send a payment confirmation with correct payment details to the beneficiary bank.
Fax: +46.8.501.09266
Mail: Attn: Withdraw
Online Trading Department
Private Scandinavian Sparkasse and Credit Corp., SA.
Stureplan 4c,
11435 Stockholm,
Sweden How long does it take to process the withdrawal request? Normally, it is processed within 24 hours upon receipt. How long does it take for me to get my fund back? It usually takes four (4) to five (5) business days. However, it may vary depending on the credit card issuing bank. How much is the maintaining balance? You must maintain a minimum balance of US$500 in Standard accounts, US$100 for Mini accounts and US$50 for Micro accounts in order to maintain a live account status. In addition, any account with the remaining balance of less than US$50 will be archived if such accounts are inactive for more than one year. What would happen if the balance is less than the minimum requirement? Withdrawals resulting in a balance less than the minimum requirement will result in the full balance being sent out and the account being closed. Closed accounts will be archived after a given period of time. You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? In this case, it is wise to prompt the payment inquiry. We recommend you to send an e-mail to our Payments Department (withdraw@pssforex.com) with your withdrawal details and request a copy of the document confirming the money transfer. Once you get this document, contact your bank to clarify the circumstances. Please note that our Payments Department processes the money transfer according to your Withdrawal Form sent from your Personal Area. If you made a mistake filling a Withdrawal Form, contact our Payments Department and ask to send a payment confirmation with correct payment details to the beneficiary bank.
Deposit FAQs
Withdrawal FAQs
How much is the minimum initial deposit?
A. The minimum initial deposit for a Micro account is US$100.
B. The minimum initial deposit for a Mini account is US$500.
C. The minimum initial deposit for a Standard account is US$3,000. What is the minimum and maximum deposit for PayPal? The minimum deposit for PayPal is US$100 while the maximum deposit is US$5,000. How can I fund my account using PayPal? a. Click here to fund your account using PayPal
b. Follow the instructions online and complete the necessary information needed.
c. Payments from PayPal, which are verified by our payment administrator, will be posted to your trading account within (1) one business day of the initial online transaction.
d. The client will receive a confirmation e-mail confirming the receipt of the fund that it is already deposited to the account. Is there any fee for depositing funds to my account using PayPal? No, PSS FOREX charges no fee for any incoming fund. In addition, PSS FOREX will cover any discount rate charged by a credit card company. Is there a minimum amount for depositing using PayPal? The Minimum Single Deposit Limit is US$100. Is it possible that I deposit my fund through PayPal even though I do not have a PayPal account? Yes, it is possible. At the left side of PayPal you can find an option to use your debit or credit card if you do not have a PayPal account.
B. The minimum initial deposit for a Mini account is US$500.
C. The minimum initial deposit for a Standard account is US$3,000. What is the minimum and maximum deposit for PayPal? The minimum deposit for PayPal is US$100 while the maximum deposit is US$5,000. How can I fund my account using PayPal? a. Click here to fund your account using PayPal
b. Follow the instructions online and complete the necessary information needed.
c. Payments from PayPal, which are verified by our payment administrator, will be posted to your trading account within (1) one business day of the initial online transaction.
d. The client will receive a confirmation e-mail confirming the receipt of the fund that it is already deposited to the account. Is there any fee for depositing funds to my account using PayPal? No, PSS FOREX charges no fee for any incoming fund. In addition, PSS FOREX will cover any discount rate charged by a credit card company. Is there a minimum amount for depositing using PayPal? The Minimum Single Deposit Limit is US$100. Is it possible that I deposit my fund through PayPal even though I do not have a PayPal account? Yes, it is possible. At the left side of PayPal you can find an option to use your debit or credit card if you do not have a PayPal account.
How can I withdraw the fund from my account?
A. You may go to your member control panel and issue a payment instruction.
B. Fill-up the Withdrawal Request Form and e-mail, fax or mail it to us.
E-mail: accounting@pssforex.com
Fax: +46.8.501.09266
Mail: Attn: Withdraw
Online Trading Department
Private Scandinavian Sparkasse and Credit Corp., SA.
Stureplan 4c,
11435 Stockholm,
Sweden How long does it take to process the withdrawal request? Normally, it is processed within 24 hours upon receipt. How long does it take for me to get my fund back? It usually takes 24 hours, however, it may vary depending on which jurisdiction the PayPal account of the client was opened. How much is the maintaining balance? You must maintain a minimum balance of US$500 in Standard accounts, US$100 for Mini accounts and US$50 for Micro accounts in order to maintain a live account status. In addition, any account with the remaining balance of less than US$50 will be archived if such accounts are inactive for more than one year. What would happen if the balance is less than the minimum requirement? Withdrawals resulting in a balance less than the minimum requirement will result in the full balance being sent out and the account being closed. Closed accounts will be archived after a given period of time. You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? In this case, it is wise to prompt the payment inquiry. We recommend you to send an e-mail to our Payments Department (withdraw@pssforex.com) with your withdrawal details and request a copy of the document confirming the money transfer. Once you get this document, contact your bank to clarify the circumstances. Please note that our Payments Department processes the money transfer according to your Withdrawal Form sent from your Personal Area. If you made a mistake filling a Withdrawal Form, contact our Payments Department and ask to send a payment confirmation with correct payment details to the beneficiary bank.
Fax: +46.8.501.09266
Mail: Attn: Withdraw
Online Trading Department
Private Scandinavian Sparkasse and Credit Corp., SA.
Stureplan 4c,
11435 Stockholm,
Sweden How long does it take to process the withdrawal request? Normally, it is processed within 24 hours upon receipt. How long does it take for me to get my fund back? It usually takes 24 hours, however, it may vary depending on which jurisdiction the PayPal account of the client was opened. How much is the maintaining balance? You must maintain a minimum balance of US$500 in Standard accounts, US$100 for Mini accounts and US$50 for Micro accounts in order to maintain a live account status. In addition, any account with the remaining balance of less than US$50 will be archived if such accounts are inactive for more than one year. What would happen if the balance is less than the minimum requirement? Withdrawals resulting in a balance less than the minimum requirement will result in the full balance being sent out and the account being closed. Closed accounts will be archived after a given period of time. You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? You sent me the money transfer 10 days ago but I haven't got it yet. What should I do? In this case, it is wise to prompt the payment inquiry. We recommend you to send an e-mail to our Payments Department (withdraw@pssforex.com) with your withdrawal details and request a copy of the document confirming the money transfer. Once you get this document, contact your bank to clarify the circumstances. Please note that our Payments Department processes the money transfer according to your Withdrawal Form sent from your Personal Area. If you made a mistake filling a Withdrawal Form, contact our Payments Department and ask to send a payment confirmation with correct payment details to the beneficiary bank.
