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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 transfer out your profit.
The Wallet provides an opportunity to transfer in and transfer out 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 transfer in funds to my investment account using the Wallet?Page issue
Funds can be transfered out to your investment account in USD.
- How can I transfer in 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 transfer in funds. If the currency of the transit account differs from the currency of the account you transfer in, the funds will be converted according to the Company's internal exchange rates.
- Is it possible to transfer in 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 transferred in 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 transferred out to?Page issue
The funds from investment accounts are transferred out 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 transferred out? Page issue
The funds are transferred out only from the Wallet transit accounts. To transfer out funds, you are allowed to use only those payment systems, which were used for transfer in.
- What do I do if the transit account doesn’t have enough funds for transfer in the investment account? Page issue
In this case, there are several options:
- Transfer in the deficient amount to the transit account and then transfer in the investment account.
- Transfer in the deficient amount to the transit account from other transit account and then transfer in the investment account.
- Transfer in the investment account with the sum that is available on the transit account and then transfer in the investment account from the other transit account.
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