How do I deposit Margin FOREX funds in Australia?


Please note that, whichever deposit method you choose, the originator of the funds must match the name of your LatitudeFX Client Account.

Direct deposit from CBA account (EFT)

This is our preferred method as it's generally the most economical,  fast and reliable - for you and for us.

Depending on the services provided by your bank, you may be able to arrange direct deposits to our account online, by fax or in-branch.

Time

For transfers from Commonwealth Bank (CBA) accounts the transfer is normally executed immediately.

Fees

There is no charge at our end for receiving funds by direct transfer.

Please check with your bank to be sure of any costs.

Any restrictions?

No. Funds transferred by this means will be available for trading or withdrawal as soon as they are credited to your account.

Instructions

Transfer your funds to:

LatitudeFX Client Trust Account
BSB 062-000  A/C 13060068
Commonwealth Bank of Australia 
48 Martin Place 
Sydney NSW 2000 
Australia 

Insert your LatitudeFX client number in the reference field.

For more efficient processing, please advise us of your deposit by e-mail as soon as it is complete.

For added security, please advise us of your deposit by e-mail: admin@latitudefx.co.nz



Direct deposit from other banks (EFT) (AU)

Depending on the services provided by your bank, you may be able to arrange direct deposits to our account online, by fax or in-branch.

Time

Transfers from other institutions normally happen overnight. We suggest that you check with your own bank as to how fast their transfers are. 

Fees

There is no charge at our end for receiving funds by direct transfer.

At your end, many banks offer this service free of charge. However, please check with your bank to be sure of any costs.

Any restrictions?

No. Funds transferred by this means will be available for trading or withdrawal as soon as they are credited to your account.

Instructions

Transfer your funds to:

LatitudeFX Client Trust Account
BSB 062-000 A/C 13060068
Commonwealth Bank of Australia 
48 Martin Place 
Sydney NSW 2000 
Australia 

Insert your LatitudeFX client number in the reference field.

For more efficient processing, please advise us of your deposit by e-mail as soon as it is complete.

For added security, please advise us of your deposit by e-mail: admin@latitudefx.co.nz



BPAY (AU)

BPAY template

® Registered to BPAY Pty Ltd ABN 69 079 137 518

Call LatitudeFX for more information.



Cash (AU)

You can deposit cash to our account at any CBA branch

Please note you must include your client number with your deposit 

Time

Real time in most cases

Fees

For cash deposits to the LatitudeFX Client Trust Account our bank may charge a 'cash handling fee'. In general, LatitudeFX will cover this cost. However we reserve the right to pass on this fee to clients that make regular cash deposits to their account.

Any restrictions?

We're unable to accept cash at our offices.

For cash amounts of $10,000 we require you complete a declaration.

We are obliged to report to the authorities any suspicious behaviour by an individual or company, which we could construe as money laundering.

Instructions

Please include your client number on the deposit slip. Failure to do this may cause a delay in your trading account being credited.

Transfer your funds to:

LatitudeFX Client Trust Account
BSB 062-000 A/C 13060076
Commonwealth Bank of Australia 
48 Martin Place 
Sydney NSW 2000 
Australia 

Insert your LatitudeFX client number in the reference field.

For more efficient processing, please advise us of your deposit by e-mail as soon as it is complete.

For added security, please advise us of your deposit by e-mail: admin@latitudefx.co.nz.



Cheques (AU)

Certified bank cheques and personal cheques are both acceptable.

Time

Cheques will normally clear within 3 business days from the day we receive them.

Fees

There are no fees payable at our end but you should check with your own bank regarding applicable charges.

Any restrictions?
Once your cheque has cleared there are no restrictions.

Instructions

Make cheques payable to:

LatitudeFX Client Trust Account
BSB 062-000 A/C 13060084

Commonwealth Bank of Australia 
48 Martin Place 
Sydney NSW 2000 
Australia 

Write your LatitudeFX client number on the back of the cheque

Send to:

LatitudeFX Pty Ltd

PO Box 6045,
Wellesley Street,
Auckland 1141.

For more efficient processing, please advise us of your deposit by e-mail as soon as it is complete.

For added security, please advise us of your deposit by e-mail: admin@latitudefx.co.nz