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Why Do I Have to Deposit Money Before I Can Transfer

Why do I have to pre-fund my account

Written by Support

Basically, it’s because Flash Payments operates so fast. Let us explain.

Most banks and other FX providers use antiquated payment systems that are slow and complicated – but not us.

With our system, the moment you lock-in a rate and confirm a transaction, the currency is converted instantaneously and the transaction is launched in a flash.

But because it happens so fast, there’s no time to wait for your funds to arrive – which is why we require the money to be in your account and ready to go when you confirm your transfer.

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