Funds deposit / withdrawal

Bank transfer

When depositing funds:

  • Please be advised that Renesource Capital does not accept funds transfers before all the necessary documents account opening documents are received;
  • Renesource Capital accepts funds only from the bank accounts belonging to the customer and specified during the account opening.

Please make sure to indicate the following information in payment order details:

  • Unique Code of the Customer (UCC), issued to you by Renesource Capital (available in the “Confirmation of account opening” form);
  • The customer’s financial instruments account number (available in the “Confirmation of account opening” form);
  • When transferring funds that should be allocated between several accounts of a single customer, the amounts and the accounts for depositing each amount should be indicated in payment details;
  • Standard or express payment. In case where a customer does not specify the payment type (standard or express) in payment details, the Company assumes by default that the payment is standard and sends the order to the bank to process this payment as a standard one.

Example:

  • Beneficiary: AS IBS "Renesource Capital"
  • Beneficiary address: Duntes 15a, Riga, LV-1005, Latvia
  • Registration number: 40003415571
  • IBAN (EUR, USD, GBP, CHF, RUB): LV22 HABA 05510 2603 8398
  • Beneficiary’s Bank: AS “Swedbank”
  • Beneficiary’s Bank address: Balasta dambis 1a, Riga, LV-1048, Latvia
  • SWIFT: HABALV22
  • Amount: 100 000
  • Currency: USD
  • Payment details: AA123, 10 000 – XX12345, 90 000 - ZZ12345, Express

AA123 - Unique Code of the Customer,

10 000 – amount that should be deposited to account number XX12345,

90 000 – amount that should be deposited to account number ZZ12345,

Express – express payment.

For additions or changes in the list of the bank accounts that you want to use for funds transfer to your account with Renesource Capital, please fill the  "Free form order" and send it by email to trading@renesource.com

Funds withdrawal

Bank transfer

To withdraw funds:

  • Please fill the "Funds withdrawal order" form and send it by email to trading@renesource.com
  • Please be advised that Renesource Capital transfer funds only to the bank accounts belonging to a customer and specified in the “Application for entering into the Contract on rendering services on the Financial and Capital markets.
For additions or changes in the list of the bank accounts that you want to use for funds withdrawal from your account with Renesource Capital, please fill the  "Free form order" and send it by email to trading@renesource.com

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.