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| Deposit |
The Way and Step of Deposit The client may directly deposit payments into an appointed account of British PEG Financial by the way of cash, check or TT. Step I: The client deposits payments into the appointed account of British PEG Financial and then get bank's deposit receipt. Step II: the client writes down the name and the account number on bank's deposit receipt (if new account-opening deposit, please note ¡°New Account¡±) and then fax it or email it by scanning to our company. Notices: • The client must comply with all articles and rules in account-opening document, including accepting USD as clearing and settlement currency of account. • All related contracts and transactions accept USD as calculation unit of account shown on the client's statement. • The client must write down the name and the account number on deposit receipt clearly. • If the client deposits in check, this payment shall be deposited into the account in next working day upon confirmation of successful transfer by bank.
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| Withdrawal |
In case of withdrawal, the client needs to fill in the amount requested for withdrawal and related data on withdrawal column of withdrawal form and then fax or email it by scanning to our company. Upon receipt of withdrawal form, our company will check the account and bank information right and deduct this payment from account of client at once. The related payments shall be deposited into individual bank account of the client within three to five working days upon receipt of withdrawal form. Notices: • The client must comply with all articles and rules in account-opening document, including accepting USD as clearing and settlement currency of account. • Besides accepting USD as clearing and settlement currency, all contracts and transactions shall accept USD as calculation unit of account shown on the client's statement. • The handling charge of each withdrawal shall be deducted from withdrawal amount by bank. • The client should fill in the related data about withdrawal on account-opening application form clearly to ensure personal benefit. • British PEG Financial does not accept cash withdrawal. Time of TT and Charge of Bank The client needs to see that the time of TT will be different due to different operation of banks. The British PEG Financial will not guarantee enroute time for payments to be received by the client. The required bank charge of all remittance shall be deducted from remittance amount of the client. |
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