Money can be credited and withdrawn using payment cards following card verification only. This serves as a guarantee that nobody but you can make a withdrawal to the verified card
Easy management and control
Easy management and control
Forex account replenishment and withdrawal transactions are made through balance accounts in the customer’s personal account only. Your money is protected against any third-party interference. Plus, you can easily track down all transactions.
No fees charged by Gerchik & Co
No fees charged by Gerchik & Co
Gerchik & Co does not charge fees for replenishments and withdrawals. This is done by the payment system. To withdraw forex money to the bank card with minimum costs or make a replenishment, make sure to use SharPay payment service.
Notes:
• The fees are charged by the payment system during the funds’ transfer.
• The withdrawal of funds is possible to the card with the details that a replenishment was made from only.
• Payment card transactions (including deposits and withdrawals) are completed upon verification only. Withdrawals to the new card are available upon the card verification through a balance account replenishment for a minimum amount starting at $1 (or €1).
• Replenishment and withdrawal of funds in USD through bank transfer is currently unavailable.
• According to the limits of the payment system, the payment amount credited to the bank cards shall not exceed €15,000 a day (or an equivalent of the above-mentioned amount in another currency).
• Crediting of funds to the bank card may take from 1 up to 14 days according to the terms and conditions of the payment systems.
• When replenishing the account using cryptocurrency, due to the high volatility thereof, the replenishment amount may be recalculated based on the relevant exchange rate of the said currency at the time of its receipt by the Company.
• Withdrawal of funds from the account using cryptocurrencies shall be done according to the exchange rate of the payment provider.
• Gerchik & Co broker is not engaged in the exchange of digital currencies and cryptocurrencies, is not linked to the provision of associated services and limits any transactions aimed at the purchase or sale of digital currencies and cryptocurrencies through the use of the Company’s system, excluding transactions involving the withdrawal of profits resulting from trading and/or investment operations.
• Gerchik & Co shall not be liable for the cryptocurrency exchange rate of the client’s payment provider.
• All transactions associated with funds depositing and withdrawal are made through balance accounts only. The customer can get an access to his/her balance account for replenishment or withdrawal of funds in the “Personal Account”.
• The replenishment or withdrawal of funds can be done during business hours only(Mon-Fri: 9:00 AM - 6:00 PM UTC+2 daylight saving time / UTC+3 winter time).
• In order to replenish the balance account, use the payment options shown in the table above.
• Should you have any further questions, please feel free to contact our Support Desk by calling the numbers given in the “Contact Us”, or by simply filling out the feedback form.
• Requests are reviewed during business hours only.
• Please note! The size of the commission for the funds transfer is equal to the fees charged by the bank or payment system. Customers of Gerchik & Co are not charged any commission for depositing and withdrawal of funds in the Forex.
• The timeframes for the funds transfer are in line with the standard transaction processing procedure and can be reduced or increased under the influence of certain factors beyond the Company’s reasonable control (payment sending time etc.).
• 3.7 of the Gerchik & Co’s Client Agreement, the payments shall not be accepted from any third party whatsoever.
• Pursuant to clause 3.8 (d) of the Customer Agreement. if replenishment was done by wire transfer and/or by using an e-payment system, the funds can be withdrawn in the same way only: by wire transfer to the same bank and to the same account of the customer, or the same e-payment system to the same account, from which the replenishment was done, according to the proportional withdrawal principle (if the initial replenishment was done from different accounts), proportionally to the size of replenishment and factoring in the profit. In case of withdrawal, the recipient's name shall match the Customer’s name in the Company database
