Depositing Funds with dbFX: Frequently Asked Questions (FAQs)

When remitting funds to dbFX, my bank is asking for the beneficiary bank account address. Which address do I provide?
Please use the following address (for SWIFT wires, Field 59):
USD Acct# 01-472-464 Winchester House, 1 Great Winchester Street, EC2N 2DB London, GBR
GBP Acct# 40561900 Winchester House, 1 Great Winchester Street, EC2N 2DB London, GBR
USD Acct# 0201624-05-0 PO Box 441, 6 Bishopgate, London, EC2P2AT, United Kingdom
EUR/JPY Acct# 9259938 00 PO Box 441, 6 Bishopgate, London, EC2P2AT, United Kingdom

Can funds be sent or withdrawn by any other means than wire?
In addition to deposits and sends withdrawals by wire transfer, online transfers are also available for clients who hold bank accounts located in the United Kingdom

To whom and where should the wire be sent?
Deutsche Bank AG opens online margin foreign exchange trading accounts in 4 different currencies. There are separate funding instructions for the US dollar, GB pound, Euro, and Japanese yen denominated accounts.

How long will it take for my deposit to arrive?
Domestic wires customarily take anywhere from 1 to 3 business days to arrive. International wires arrive in 1 to 5 business days.

How long will it take for a deposit to appear in my trading account?
Wire transfers will be deposited into your trading account upon receipt.

May I send a wire drawn on someone else's account?
No, Deutsche Bank AG may not make nor receive any payment via a third party. We can neither guarantee the receipt, nor the return of such payments.

How much does it cost to send a wire from my dbFX trading account?
USDEURGBPJPY
Domestic $25Domestic 30Domestic £20Domestic ¥3,000
International $40International €30International £20International ¥3,000