KVB Kunlun does not offer much variety of deposit methods, but only “Bank Wire Transfer” is available.
Please note that you will first need to complete the account opening process before you start making deposit and trading.
KVB Kunlun requires following processes:
- Filling in Account Opening Form
- Filling in the Questionnaire
- Submit required documents(ID and POA)
- Account approval from KVB Kunlun
And then finally you are able to make a deposit and start trading.
Bank Wire Transfer
In case you are used to make deposits via Neteller or Credit/Debit card with other brokers, you may find it a bit inconvenient though, KVB Kunlun only accepts bank wire transfers from its clients.
There are three banks setup by KVB Kunlun which are:
- Commonwealth Bank in Australia
- Bank of China in Hong Kong
- ANZ Bank in New Zealand
Each of them has got different bank accounts in different base currency which are:
So you will need to choose the most preferable bank and the base currency for yourself.
No commissions or Fees
KVB Kunlun does not charge any for making deposit.
Although, these banks will charge you directly to the transfer amount. In case of international transfer, normally banks will charge more than 20 USD.
For more details of the fees for transfers, please contact your bank directly and find out.
No third Party Payment
Please do not transfer funds from a bank account under different name than the trading account’s.
Even your legal partner or family cannot transfer instead of you. Also in case of corporate trading account, you can only transfer funds from a bank account registered by the same corporate name.
The name registered for trading accounts and bank accounts need to be the same at all times.