How to Add Your Bank Information?

Follow these simple steps to add your bank information for future withdrawals.

Important Notes:

• All bank details must be registered under your name. Withdrawals to third-party accounts are not allowed for security and compliance reasons.
• Verify the accuracy of your bank information to avoid delays or unsuccessful withdrawals. Incorrect or incomplete fields may lead to rejection.

1. Login to Your Client Area.

   • If you require assistance, please refer to this page: How Do I Log Into My Valutrades Client Area?

2. Once you’ve logged in, a prompt will appear, requesting you to choose a trading account.

   • Select one of your Valutrades accounts from the list.

3. Navigate to "More" and click "Bank Information".
   
   
   

4. Click "Add Bank".
   
   
   

5. Select "Bank Transfer" as your preferred method.

   
   
   
6. Fill in all fields marked with a *. Ensure the details match your own bank account.

7. Below is a detailed guide for completing the Bank Transfer form:

   • Beneficiary Name: This field should be filled in with your full name. It is crucial that the name matches exactly with what is registered at your bank, as any discrepancies could lead to delays or issues with the transaction.
   • Beneficiary Bank Country: Select the country where your bank is located. This information is essential to ensure that the transfer is directed correctly to the banking system of the respective country.
   • Bank Account Currency: Choose the currency that corresponds to your bank account. This will help avoid incorrect conversions and ensure that the funds are transferred in the appropriate currency.
   • Bank Name: Fill in this field with the name of your bank. Make sure that the name is accurate and complete, as this facilitates the identification of the bank during the transfer process.
   • Beneficiary IBAN: Enter your IBAN (International Bank Account Number). If you are unsure what this is, please contact your bank for assistance. If your bank does not use IBAN, you should enter your bank account number instead.
   • Bank Account Number: Complete this field with your bank account number. It is vital that this number is correct to ensure that the transfer is executed without any issues.
   • Beneficiary SWIFT Code: Input the SWIFT code of your bank. If you do not know what this is, consult your bank for this information. The SWIFT code is essential for identifying your bank in international transactions.
   • Correspondent Bank: Fill in this field with the name of your bank's correspondent bank. If you are uncertain about this, please ask your bank. If there is no correspondent bank, you may enter your bank name again.
   • Correspondent SWIFT Code: Enter the SWIFT code of the correspondent bank. If you do not have this information, check with your bank. If there is no SWIFT code for the correspondent bank, you can use the SWIFT code of your own bank account.
   • Optional Fields: Any field marked as “(optional)” is not mandatory, and you may leave it blank if you prefer.
     
     
     

8. Upload a statement.

   • Provide a recent bank statement that includes your full name, bank name, logo, and account details, all on one page. If the statement spans multiple pages, combine them into a single document. 

9. After completing the form and uploading the required documents, click "Submit".

10. Check the status under "Bank Addition History":

    • Approved: Your bank information has been reviewed and accepted.

    • Rejected: Your submission could not be processed. You can reapply or contact support for help.
      

Once approved, your bank details will be securely saved for future withdrawals.

If you require further assistance from our support team, please contact us during our working hours as stated inside: How do I contact Valutrades Customer Support?