Yes. When requesting a local currency withdrawal from nTrade, please ensure your bank account details are up-to-date and the bank account which you are requesting to withdraw is either your own personal bank account or company account which has been registered with nTrade during your KYC-check. Here’s the link to our nTrade Withdrawal Request form:
Withdrawals are wire/ telegraphic transferred to your account, subject to your respective bank’s processes and beyond our control.
We’ll send you an email notification when we’ve wire/ telegraphic transferred to your account.
- Withdrawals to a bank account under your name
Withdrawal are directed to your pre-registered and approved bank account. This is the most simplest and direct method. We advise nTrade account holders to deposit from and withdraw their money back to their bank account which was registered and approved during the opening of their nTrade account application to avoid withdrawal delays.
- Withdrawals to a bank account NOT under your name
You can authorise withdrawals to another bank account which is not under your name. As a safeguard measure, every such withdrawal is subjected to our AML process before such a withdrawal can be authorised.
- How can nTrade help in the event of an issue?
We can provide our bank wire/ telegraphic transfer slip to a bank account under your name or a bank account not under your name which you have authorised as proof of payment. If these withdrawals are not reflected, you must take this matter with your respective bank.
If a withdrawal is not reflecting correctly, please feel free to contact us.