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RM Investment Bank Wallet
- What opportunities does RM Investment Bank Wallet offer? Page issue
RM Investment Bank Wallet is the "key" for controlling all your funds at RM Investment Bank. The Wallet represent several accounts with different base currencies, which are combined in the same payment service.
You can use the Wallet:
- To store funds, which are not involved in investing.
- As a "transfer station" for transferring funds to investment accounts.
- To withdraw your profit.
The Wallet provides an opportunity to deposit and withdraw funds, and distribute them between all your accounts and the Wallet's transit accounts using internal transfer service.
- Is the Wallet available in any currency?Page issue
Unfortunately, it is not. The available currencies for your Wallet are determined by your country of residence and their list cannot be extended.
- What currencies can be used to deposit funds to my investment account using the Wallet?Page issue
Funds can be deposited to your investment account in USD.
- How can I deposit funds to my investment account if the account currency is not on the list of transit account currencies? Page issue
You can choose any transit account to deposit funds. If the currency of the transit account differs from the currency of the account you deposit, the funds will be converted according to the Company's internal exchange rates.
- Is it possible to deposit funds to my investment account in the currency that is on the list of the Wallet currencies using the transit account in the different currency? Page issue
Yes, it is. However, the deposited funds will be converted into the account currency according to the Company's internal exchange rates.
- Why is the transit account balance different from the total balance of investment accounts in the same currency?Page issue
The Wallet balance doesn't show the total balance of investment accounts. The Wallet funds don't influence the amount of funds on investment accounts.
- Am I allowed to transfer funds from my Wallet of the Wallet of other client? Page issue
No, you're not.
- Am I allowed to transfer funds from one of my transit accounts to the other? Page issue
Yes, you are. It can be done in your Members Area. During the transfer, the funds will be converted according to the Company's internal exchange rates.
- Where are the funds from investment accounts withdrawn to?Page issue
The funds from investment accounts are withdrawn to the chosen transit account of the Wallet. If the currency of the investment account differs from the currency of the transit account, the funds will be converted according to the Company's internal exchange rates.
- How are the funds withdrawn? Page issue
The funds are withdrawn only from the Wallet transit accounts. To withdraw funds, you are allowed to use only those payment systems, which were used for depositing.
- What do I do if the transit account doesn’t have enough funds for depositing the investment account? Page issue
In this case, there are several options:
- Deposit the deficient amount to the transit account and then deposit the investment account.
- Deposit the deficient amount to the transit account from other transit account and then deposit the investment account.
- Deposit the investment account with the sum that is available on the transit account and then deposit the investment account from the other transit account.
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