Making a Deposit via RMB Local Bank Transfer

This deposit option is accessible exclusively to our clients located in Mainland China.

This guide will walk you through making a deposit via local bank transfer, including important details to ensure a smooth and successful transaction.

1. Log in to your Valutrades Client Area.
   • If you need help with this step, see our guide: How Do I Log Into My Valutrades Client Area?
2. Choose Your Live Account:
   • Ensure the correct live trading account is selected, either when prompted upon login or by verifying the account number in the top-right corner.
     
3. Access the Deposit Option:
   • Locate and click the "Deposit" button, situated in the middle-left section of the screen or above the trading signal information.
   • Alternatively, navigate to "More" in the main menu and then select "Deposit."
      
4. Choose Deposit Method:
   • You will be redirected to the deposit page. Double-check that the displayed account number is correct. This is crucial to ensure your funds are deposited into the correct account. You can change the account from the dropdown menu if necessary.
   • Within the page, you will see various deposit methods that we offer. Select "RMB Local Bank Transfer."
     
5. Review Important Information:
   • Examine the "Important to Note" section for key details regarding your chosen deposit method.
6. Enter Your Deposit Amount:
   • Enter the amount you wish to deposit, keeping in mind the specified minimum transaction limits displayed on the page.
7. Proceed with the Deposit:
   • Click “Continue Deposit” to proceed to the next page.
8. Redirect to Payment Provider's Page:
   • You will be redirected to the secure payment provider's deposit page, which will display the final instructions and beneficiary details required for the transfer.
   • To ensure successful and immediate fund crediting, the amount you transfer must exactly match the amount displayed on the deposit page.
   • You must complete the transfer within the provided time limit before the payment details expire.
   • If prompted, you must accurately fill in the Transfer Remarks or Reference Code displayed on the provider's page when making the transfer. This reference is crucial for fast fund arrival.
   • The recipient information (bank account number and account name) is unique for each transaction. Do not save recipient account information for future use, as the details may be updated with each deposit.
9. Monitor Deposit Progress:
   • Local Bank Transfer typically takes up to 30 minutes to arrive, depending on your bank and intermediary banks.
   • Once the funds arrive in our accounts and your transfer is verified, the funds will be immediately credited to your trading account.
   • You can track the status of your deposit by accessing "Deposit History" in your client area. This page provides live updates on your recent deposits.
   • For more detailed information on deposit waiting times and checking status, please refer to this page: Where Is My Deposit? Understanding the Waiting Time and Checking Status

Important Notes

• For security and compliance, we only accept deposits from a bank account held in your name. We cannot accept funds from a third party.
• The final amount credited may vary due to currency exchange rates or bank fees. We provide an estimated conversion amount within the deposit page for your reference.
• Do not save recipient account information. Recipient information (including bank account number and account name) may be updated with each deposit.
• If the transfer fails (e.g., due to the wrong amount or reference code), or if the deposit does not arrive within the 30-minute window, please contact our support team immediately with your transfer receipt so we can locate your funds.

If you require further assistance, our support team is here to help during working hours. Please see: How do I contact Valutrades Customer Support?