Once your Account opening FICA documents have been submitted and vetted by ourselves and the Commercial Bank you will be sent a welcoming letter with your New Forex Trading bank Account Number.
Anglorand Forex has a dedicated FICA Account Opening Department to make this process and as seamless as swift as possible.
Now you are ready to trade.
STEP 1
Call or email Anglorand Forex to accept the indicative exchange rate that has been quoted.
STEP 2
We book the rate and send a Trade confirmation as proof via e mail.
STEP 3
Client will then transfer Funds to their OWN Forex Settlement Bank Account.
STEP 4
Anglorand manages the Balance of Payment (BOP) forms on your behalf and allocates to the correct SARB Forex Transaction Reporting category.
STEP 5
The Bank then matches funds and documents to generate a SWIFT payment to your beneficiary as instructed.