April 21, 2016

Question:How do I deposit through bank wire transfer to my GBE brokers MT4 account?

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GBE brokers offers 3 different bank account details where you can make a deposit into.

In case you are looking to make a deposit through bank wire transfer, you need to go to the official website and find out the bank account details, then go to your bank(or online banking system) to make a deposit.

Please follow the below instructions.

1. Go to “Account” and “Payment Methods”

gbe brokers payment method deposit

2. Select one of the payment methods available

GBE brokers payment method deposit

You can choose a bank account out of three different accounts as follows:

  • Wirecard Bank Germany
  • Sutor Bank Germany
  • Bank of Cyprus

3. Find out the bank account details and make a transfer

After finding out the bank account details, please take a note of it and go to your bank(or online baking system of yours) and make a transfer.

In case of an international transfer, the transfer may take a few days to 5 days till it arrives to GBE brokers.

GBE brokers does not charge any for deposits through bank wire transfer though, the banks will charge you some. The charges for international transfer is usually more than $20.

Conditions of Bank Wire Transfer

There are some main conditions for bank wire transfers to GBE brokers.

Minimum/Maximum Deposit

The minimum deposit amount is $1000 and it is the required amount to get the login credentials(account opening) from GBE brokers.

Although there is no maximum limitation for bank wire transfer, you need to make sure that you transfer more than $1000.

Commissions for Deposit/Withdrawal

There is no charges from GBE brokers in terms of deposit through bank wire, but banks may charge you some for that.

The commissions can be found out by contacting your bank directly.

In case of withdrawal, GBE brokers will charge you 0.15%(minimum of 15.00EUR, 20.00USD or 20.00CHF) for every time. 

Available Deposit Currencies

You are allowed to deposit in EUR, USD or CHF in case of bank wire transfer.

But please note that USD currency is not accepted by Wirecard Bank Germany.

If the deposit currency and the base currency of your account are different, GBE brokers may automatically convert the currency at the daily exchange rate.

*The exchange rate in this case may not be the same rate displayed in MT4.

For other Deposit Methods

Bank Wire Transfer is a classic secure deposit method, but there are commissions and the funding time takes a few days more.

If you are open to other payment method, we especially recommend Neteller transfer.

Neteller is one of the most popular payment method which you can transfer money internationally with low cost and the process is always instant.

With Neteller, you do not need to worry about the country area at all.

The Neteller Deposit to GBE brokers will be processed within 24 hours and the cost is only 3.6% from all over the world.

For more information of Neteller, please go to Neteller official website.

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