Forex deposits and withdrawals - Gerchik & Co

DEPOSIT AND WITHDRAWAL

MONEY IS CREDITED TO ACCOUNT WITHIN 24 HOURS. WITHDRAWALS FROM $1 TO INFINITY

You have 12 replenishment options to choose from ranging from Visa, MasterCard to cryptocurrency wallets. The funds can be withdrawn to bank accounts, cards and popular payment systems in 200+ countries worldwide.

You can replenish the accounts in U.S. dollars and euro. The conversion will be made according to the exchange rate of the bank or the payment system.Replenishment and withdrawal of the funds can be done commission-free by means of ADVCash. . Other services charge from 0.5 up to 7% per transfer.

Withdrawal limit is set only for wire transfers. The limit depends on statutory regulations in your country. Make sure to check the table down below to learn more about replenishment and withdrawal terms.

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Account replenishment Fund withdrawal
Replenishment method Currency of the transfer Your expenses Crediting time Make a transfer
Bank cards
VISA
MasterCard
USD, EUR 2,8% Within
1 business day
Replenish account
Wire transfer
Bank Transfer (SEPA, SWIFT)
USD, EUR от 5€ 1-5 days Replenish account
Payment systems
Skrill
USD, EUR 3% instantly Replenish account
Neteller
USD, EUR 4% instantly Replenish account
ADVCash
USD, EUR 0% instantly Replenish account
WebMoney
USD, EUR 0,8% instantly Replenish account
Perfect Money
USD, EUR from 0,5% instantly Replenish account
Payeer
USD, EUR 0,95% instantly Replenish account
Ripple
USD, EUR 0,5% Within
1 business day
Replenish account
Bitcoin
USD, EUR 0,5% Within
1 business day
Replenish account
Litecoin
USD, EUR 0,5% Within
1 business day
Replenish account
Ethereum
USD, EUR 0,5% Within
1 business day
Replenish account
Withdrawal method Your expenses Minimum withdrawal amount Maximum withdrawal amount Request Processing Time
Bank cards
VISA
MasterCard
2% 1$ No limit Within two
business days
Wire transfer
Bank Transfer (SEPA, SWIFT)
от 5€ 100€ According to
legislation
of your country
Up to 3
banking days
Payment systems
Skrill
1-2% No limit No limit Within two
business days
Neteller
1% 1$ No limit Within two
business days
Perfect Money
0.5% 1$ No limit Within two
business days
WebMoney
0.8% but not exceeding $50
per transaction
No limit No limit Within two
business days
ADVCash
0% 1$ No limit Within two
business days
Ripple
0.5% 1$ No limit Within two
business days
Payeer
0.95% 1$ No limit Within two
business days
Bitcoin
0.5%, min 0.005 1$ No limit Within two
business days
Litecoin
0.5% 1$ No limit Within two
business days
Ethereum
0.5% 1$ No limit Within two
business days
Working hours is: UTC+2 9:00—18:00 Days off: Saturday, Sunday

Notes:

The fees are charged by the payment system during the funds’ transfer.

The withdrawal of funds is possible to the card with the details that a replenishment was made from only.

Crediting and withdrawal of funds using the payment cards are done after card verification only. The funds can be withdrawn to the new card after it has been verified through the balance account replenishment for the minimum amount starting from $1/EUR in case of a Visa card, and from $2/EUR in case of a MasterСard.

The time frames and fees in case of wire transfers are established according to the terms of the sending bank.

According to the limits of the payment system, the payment amount credited to the bank cards shall not exceed 15,000 US dollars (or an equivalent of the above-mentioned amount in another currency) per transaction.

Crediting of funds to the bank card may take from 1 up to 14 days according to the terms and conditions of the payment systems.

When replenishing the account using cryptocurrency, due to the high volatility thereof, the replenishment amount may be recalculated based on the relevant exchange rate of the said currency at the time of its receipt by the Company.

Withdrawal of funds from the account using cryptocurrencies shall be done according to the exchange rate of the payment provider.

Gerchik & Co broker is not engaged in the exchange of digital currencies and cryptocurrencies, is not linked to the provision of associated services and limits any transactions aimed at the purchase or sale of digital currencies and cryptocurrencies through the use of the Company’s system, excluding transactions involving the withdrawal of profits resulting from trading and/or investment operations.

Gerchik & Co shall not be liable for the cryptocurrency exchange rate of the client’s payment provider.

All transactions associated with funds depositing and withdrawal are made through balance accounts only. The customer can get an access to his/her balance account for replenishment or withdrawal of funds in the “Personal Account”.

The replenishment or withdrawal of funds can be done during business hours only.

In order to replenish the balance account, use the payment options shown in the table above.

Should you have any further questions, please feel free to contact our Support Desk by calling the numbers given in the “Contact Us”, or by simply filling out the feedback form.

Requests are reviewed during business hours only.

Please note! The size of the commission for the funds transfer is equal to the fees charged by the bank or payment system. Customers of Gerchik & Co are not charged any commission for depositing and withdrawal of funds in the Forex.

The timeframes for the funds transfer are in line with the standard transaction processing procedure and can be reduced or increased under the influence of certain factors beyond the Company’s reasonable control (payment sending time etc.).

3.7 of the Gerchik & Co’s Client Agreement, the payments shall not be accepted from any third party whatsoever.

Pursuant to clause 3.7 (d) of the Customer Agreement. if replenishment was done by wire transfer and/or by using an e-payment system, the funds can be withdrawn in the same way only: by wire transfer to the same bank and to the same account of the customer, or the same e-payment system to the same account, from which the replenishment was done, according to the proportional withdrawal principle (if the initial replenishment was done from different accounts), proportionally to the size of replenishment and factoring in the profit. In case of withdrawal, the recipient's name shall match the Customer’s name in the Company database.

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Automated Solution «RISK MANAGER» automated solution for successful Forex trading

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VISA
MasterCard
Bank Transfer
Perfect Money
WebMoney
ADVCash
Bitcoin
Litecoin
Ethereum
Ripple

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