How do I transfer money to HiFX?
Once you have bought your currency from HiFX, or your Market Order has been filled, you will receive a Contract Note (invoice), detailing our bank information and where you should transmit the funds. You can transfer funds to HiFX via wire transfer. Please note we do not accept cash or checks.
Guide to International Payments and Clearance Times
| Payment method |
Clearance (business days) |
Same day urgent |
Spot contract |
Forward contract deposit (margin) |
Forward contract balance |
| CHAPS* |
Same day |
√ |
√ |
√ |
√ |
| BACS |
3 |
X |
X |
√ |
√ |
| Telegraphic Transfer (TT) |
1-3 |
x |
√ |
√ |
√ |
| Cash |
No |
No |
No |
No |
No |
* CHAPS - please note the remitting bank will charge you for guaranteed same day transfers.
** Regardless of the method, payment needs to be sent in good time to ensure it arrives on time. Please speak to a member of the HIFX Team to confirm clearance periods and times.