Deposit and withdrawals FAQs
Deposits and withdrawals
How can I make deposits and withdrawals?
To fund your account with CI Europe, please use the below bank details for Bank Transfer.
Beneficiary: JFD Group LTD
IBAN: CY29 0180 0003 0000 2001 0044 3340
SWIFT/BIC: ERBKCY2N
Bank: EUROBANK CYPRUS LTD, 6 SPYROU KYPRIANOU STREET, GERMASOGEIA, 4040 LIMASSOL
Ref: Please Specify your CI Europe account number and your name
Deposits and withdrawals cannot be made to/from third party accounts.
To deposit or withdraw funds, please go to our secure Client Portal
What are your charges when making deposits and withdrawals?
List of charges | European | International |
Bank transfer | No fee | No fee |
Bank transfer same day | 15 EUR | 15 EUR |
CI Europe does not charge any processing fees on client Deposits and does not mark-up any eventual transaction costs as and when charged by banks. In effect, banks may charge CI Europe and/or CI Europe’ clients for transfers. When such transaction costs are applicable, they are transparently deducted from CI Europe’ clients’ payments either by CI Europe and/or CI Europe clients’ bankers - whichever applies.
How safe is my money?
The security of your investment is our highest priority at CI Europe. All clients' funds are kept separately from any company capital. In the unlikely event of JFD declaring bankruptcy, no clients’ funds would be affected. In addition, JFD Group Ltd is a member of the Investor Compensation Fund.
Can I withdraw my money to a different account?
We only return funds to the same account we have received the funds from. This is in line with our Anti-Money Laundering obligations. If your original account no longer exists, please contact a member of our Client Services team. We do not allow third-party payments to or from a client’s account.
Can I deposit money on my account from a third party?
No. We only accept payments from accounts with the same beneficiary name as that of the trading account. Payments received from an account in a different name than the trading account holder constitutes a third party deposit. This applies to Corporate funds received for an Individual account holder and vice-versa. Funds that constitute third party payment will be rejected and returned back to source immediately and your account could be closed.
Can I pay with cash or cheques?
No. We can only accept payments by bank transfer.
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