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Why Do I Have to Deposit Money Before I Can Transfer
Why Do I Have to Deposit Money Before I Can Transfer

Why do I have to pre-fund my account

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Written by Support
Updated over a year ago

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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