At FXTRADING.com, we utilize various banking entities and payment channels to facilitate your transactions. It's important to understand how these different entities operate.
Banking Entities and Their Locations
NAB Bank: This is our only banking entity established in Australia.
Other Wire Transfer Banking Entities (including DBS and MayBank): These entities are NOT established in Australia.
Third-party Service Providers: These include Japanese local banks, Korean local banks, China UnionPay, Southeast Asian local banks, and other payment channels. These entities are also NOT established in Australia.
Third-Party Payment Service Providers
For non-Australian banking entities, we use services from third-party payment service providers. These arrangements:
Comply with all applicable financial regulations and laws
Are subject to our rigorous selection process
May change in real-time based on our continuous evaluation and optimization system
What This Means for You
The registration country or location of these third-party payment service providers varies depending on the specific channel. Due to our commitment to providing optimal service, we continuously evaluate these providers and may make changes as necessary to maintain the highest standards of service through our competitive selection process.
For any questions regarding specific payment channels or banking entities, please contact our Service Hub through Live Chat in your Client Portal.