HOW TO DEPOSIT
The following questions are designed to answer
the most common questions related to depositing money to your account with WebsGains.
How can i deposit funds?
Depositing funds into your WebsGains account is quick, easy, and best of all: secure. The entire process takes only a few
minutes to complete and you will be immediately notified of any issues with your
deposit.
There are a number of ways that you can choose to fund your account.
They are:
Credit card: WebsGains accepts the following credit cards: visa,
mastercard and discover.
Electronic payment: skrill
Wire transfer: if you
wish to fund your account via wire transfer, please contact your account manager or
access our live chat to receive the appropriate banking details.
Is there a
minimum deposit?
WebsGains does require a minimum deposit but that amount
does vary by funding type. The minimum deposit amounts are as follows:
Credit card:$250/€250/£250
Electronic payment:$250/€250/£250
wire transfer:$500/€1000/£1000
WebsGains reserves the right to change these values without prior
notice.
Does WebsGains have a maximum deposit amount?
WebsGains does
have a maximum deposit amount which varies by deposit method. below are the amounts
listed for deposits by credit card:
Daily limit:$/€/£ 10,000/¥100,000
Monthly limit:$/€/£40,000/ ¥4,000,000
Please contact your account manager if you are using an alternative deposit
method.
WebsGains reserves the right to change these limits without prior
notice and may request proof of id for security reasons.
Which currencies can I
deposit?
During the registration process you can choose the type of currency
that you wish to use for trading. Your choices are: us dollar, british pound,
japanese yen, or the euro. Please note that once you have selected your currency it
is not possible to change it.
does WebsGains accept cash deposits from
clients?
no. Please note that the company does not accept cash
deposits.
Deposits to WebsGains – how long does it take to appear in my
account?
If you have made a deposit to WebsGains with a credit card or
another form of electronic payment, your account will be credited immediately once
the payment has been received by WebsGains’s systems. If you have deposited by
wire transfer, it may take five business days before the funds are credited to your
WebsGains trading account.
BANKING
WebsGains combines the industry’s highest level of
security with an easy-to-use interface for simple and safe banking transactions. We offer a
number of methods that you can use to fund your account, whether you want to use a credit
card or transfer funds via wire transfer.
After verifying your account, WebsGains strives to process your withdrawal request as quickly as possible so that you can receive
your funds as fast as possible. Our identity verification process is meant to ensure that no
false claims are made against your account.
In the banking section you can make new
deposits, withdrawal requests, view pending and past transactions, and see which credit
cards and electronic payment accounts are linked to your trading account.
If you have
any questions about banking or pending requests, please view the other banking sections or
contact our support team via live chat.
HOW TO WITHDRAW
This page sets out the withdrawal process with WebsGains, as well as answer some of the most common questions we receive. If you have any
questions not answered on this page, please contact us through live chat or by phone.
How can i withdraw funds from my WebsGains account?Avoid delays in
receiving your funds by ensuring that all your documentation is correct, up to date, and
confirmed before you submit your withdrawal request. Every time you use a new payment method
you will need to verify it, but once you have done
this you will not need to verify
that particular card in order to make a withdrawal again.
The stages of verification
include:
Proof of id – photo identification, including passport, driver’s license, or
any other form of government issued identity card.
Proof of residence – confirm that
you are resident in a country accepted by WebsGains, with the following documents: bank
or credit card statement, recent utility bill, (water, electricity or telephone bill).
Complete assessment of appropriateness – one of the sections of the verification process,
make sure that all your answers are correct and up to date.
Verify your payment method
– if you are using a credit card, please send a picture of both sides of your credit card,
displaying the last four digits of your credit card only. Once your account is verified,
ensure you are logged in to your account before accessing the banking page, and then the
withdrawals section.
Follow these steps to withdraw money:
Fill in the required
information; including your desired withdrawal amount. Click send. if after business hours,
we will begin processing your request the next business day. our business hours are
monday-thursday, 9-16:00 and f, 9-13:30. Receiving your funds is also dependent on your
bank’s business hours and amlprocedures.
What payment methods can i use for withdrawing funds?
Withdrawals can
be made to your credit card, through a wire transfer, or selected
online payment
systems.
For your security, the first time you use any new payment system you will need
to follow all the stages of our verification system as outlined above. any payments you
request will not be made until all documents are received.
How much am i charged for
each withdrawal?
Withdrawal charges vary with the type of account you have.
For
platinum and diamond account holders every withdrawal is free. gold account members can make
one withdrawal for free each month. silver and basic account holders can make one withdrawal
for free, with charges each time you withdraw from
then on.
Fees:
Credit
card: 3.5%
Debit card: 3.5%
Wire transfers: $30, €25, £20
Some banks may also
make an additional charge on each transaction.
Are there certain hours for making
withdrawal requests?
A withdrawal request can be made at any time through
WebsGains. requests are only processed once all required documentation is
verified and at the start of the next business day. we aim to complete all withdrawals as
quickly as possible but your bank’s business hours and aml procedures also affect the
withdrawal process.
See above for our business hours.
Is there a minimum
withdrawal amount?
There is no minimum amount for withdrawals made to credit
cards, skrill or neteller.
However minimum limits apply for withdrawals made by wire
transfer: $100, €100, £80,
¥10,000 (jpy), 700 (cny), 7,000 (rub).
Is there
a maximum withdrawal amount?
Withdrawals are capped at the available funds
in your account at the time of the request. This figure will not include any funds currently
invested in open trades.
How long does it take to get my
money?
We aim to process all withdrawal requests as quickly as possible.
however, there may be circumstances, such as the bank’s business hours and aml procedures
that makes the process take longer. you can read about them at the top of this page. in
order to avoid delays, please ensure that all verification documentation is up to date
before you make
your request.
ANTI-MONEY LAUNDERING POLICY
“Money laundering” is the practice of
engaging in a series of financial transactions to conceal the ownership, source, control or
destination of illegally gained money. Ultimately, it is the process by which the proceeds
of crime are made to appear to have a legitimate origin. WebsGains committed to
preventing money laundering through its service and complies.
Implemented procedures
WebsGains aims at implementing strict anti-laundering policy
to ensure that its customers will be identified for such suspicion up to a certain standard
to minimize the procedural complications for genuine and legitimate customers. In order to
fulfill its commitment to provide full assistance to government combating against such
illegal financial transactions, WebsGains has developed technologically advanced and
reliable electronic system which verifies its client identification and is able to store the
detailed record of all previous financial transactions.
WebsGains is obliged to report suspicious transactions. by misusing the service you may face criminal prosecution as we are bound to automatically report such behavior to the authorities.
One of the main measures to discourage money laundering and related illegal activities, WebsGains doesn’t accept cash transaction whether you are intended to deposit or withdraw the fund. The company reserves the right to suspend or refuse to process a transaction at any stage, where it believes the transaction to be connected in any way to money laundering or criminal activity. In accordance with international law the company is not obliged to inform the client that it has reported to the corresponding bodies of the client’s suspicious activity.
Compliance regime
WebsGains has set up a compliance regime in order to fulfill its
formal legal requirement. It comprises the appointment of compliance officer, policy making,
and regular review of their implementation.
WebsGains is also committed to regularly update its electronic system for inspection of suspicious transactions and for verification of client identification records, in accordance with any new regulations as they are promulgated, as well as providing training for its employees on enhancements to anti-money laundering procedures that may be required by new regulations.
Additional disclosure deposits and withdrawals
In the event of money deposits the sender name must match the name of customer present in WebsGains records. No third party transfers are allowed in this case. Additionally, WebsGains will not accept third party checks and/or an endorsed employer’s check unless approved by management.
Similarly in case of money withdrawal recipient name must match the name of account holder who is withdrawing money. if money is withdrawn via wire transfer, it can be done only to the same bank and the same account name from where money was deposited. If money is withdrawn via online payment system, it can be done only to the same account/e-wallet from where it was deposited.
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