Axiory, an online Forex and CFD broker has announced the broker has gone transition of its main bank from Union Bank to Doha Bank in Dubai, United Arab Emirates.
Doha Bank is one of the largest commercial banks in Qatar.
For existing traders, please note that the main bank account accepting international bank wire transfer has also been changed to Doha Bank.
Please do not use the old bank account details of Union Bank.
At the same time, Axiory notified its traders that the segregated bank accounts which investors’ funds will be deposited will also be Doha Bank.
While change of main bank accounts are often conducted by online FX and CFD brokers, Axiory has done so this time by prioritizing the safety of its investors’ funds and trustworthy business relationships with payment companies, and strict risk management.
Axiory will continue accepting fund deposits and withdrawal through credit/debit cards (VISA and JCB), online wallets such as Sticpay and Bitcoin, and will continue expanding options for fund transfer.
From Union Bank to Doha Bank
Axiory has reveled that there has been inconveniences to fund deposit and withdrawal through Union Bank and sometimes causing delays to some transactions, which eventually led to the decision of the change of the main bank account.
The broker is willing to expand its market to countries of GCC (Gulf Cooperation Council), as it is known as a hub to connect Europe and Asia.
While improving the speed of fund transfers through Doha Bank, the transition now provides better funding options for investors in the region (Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman).