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Wire Instructions:
YOU MUST
NOTIFY US WHEN DOING A WIRE TRANSFER SO THAT WE MAY ALLOCATE FUNDS
PROPERLY! YOU MUST PROVIDE US WITH THE DATE AND AMOUNT BEING WIRED AS
WELL AS THE BANK FROM WHERE THE WIRE IS COMING.
E-MAIL: direct@friedberg.ca
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Canadian Dollars
Payment Instructions:
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United States Dollars
Payment Instructions:
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Bank
of America
– CAD denomination
SWIFT:
BOFACATT
Transit
56792, Institution # 241
Acct#
49495203
Beneficiary:
Friedberg Mercantile Group Ltd
Bank
Address: 200 Front Street
West, 26th Floor; Toronto, Ontario,
M5V 3L2
REF: For
Further Credit to Client's Name and Account # (Client's Name and "New"
for New Accounts)
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Bank
of America
– USD denomination
SWIFT:
BOFAUS3N
Acct#
483037479823
Beneficiary:
Friedberg Mercantile Group Ltd
Bank
Address: 150 Broadway New York,
NY 10038
REF: For
Further Credit to Client's Name and Account # (Client's Name and "New"
for New Accounts)
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Funding
Your Friedberg Direct Account:
(WIRE
TRANSFERS are the preferred method for account funding)
1.
Wire transfers in Canadian$ or US$ from a bank
account in the name of the client opening the on-line forex trading account;
2.
Bank draft or money order in Canadian$ or US$ ONLY
IF it is accompanied by a letter from the issuing bank confirming the
source of the funds (i.e. that the draft or money order was purchased
using funds from the client's bank account) [We will NOT require this
letter if the draft is for $1000US or less]; or
3.
Certified cheques in Canadian$ or US$ drawn on a
Canadian bank account in the name of the client opening the on-line forex
trading account;
4.
Uncertified cheque in Canadian$ or US$ drawn on a
Canadian bank account in the name of the client. HOWEVER we will hold the
cheque for ten days to allow it to clear.
Cheque
Deposits: Are not encouraged
Cheques should not be deposited directly into the bank account indicated
above, as this will not ensure credit to your trading account. All cheques
should only be sent to the following address:
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Friedberg Direct
c/o Michael David
Brookfield Place,
181 Bay St., Suite 250,
Toronto, Ontario,
M5J 2T3
Canada
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- Please make all cheques
payable to Friedberg Direct
- Friedberg Direct may not
make nor receive any payment via a third party.
- Cheques drawn on foreign
bank accounts are not accepted and will be returned.
- New accounts should
state: "Client Name, new account", i.e. John Smith, New
Account.
- Certified, Cashier's,
Official or Bank Cheques will be deposited into your trading account
within 24 hours after reciept.
- Personal cheques take up
to 10 business days to clear before being credited to your trading
account.
- Please indicate your ID#
on all wires, cheques, withdrawal requests, and any correspondence
to Friedberg Direct to help expedite processing time.
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