In a bid to streamline our services and maintain transparency, QuickTrade.world implements a nominal charge for cash deposits made by clients. This fee is in line with the charges imposed by banking institutions and is deducted from the deposited amount before allocation to the client's trading account.
### Charging Structure
At QuickTrade.world, our approach to cash deposit charges is straightforward: we pass on the exact fee incurred by the bank to our clients without any additional markup. This means that the charge levied by the bank for each deposit is deducted from the deposited amount, ensuring full disclosure and fairness in our transactions.
### Practical Examples
To illustrate this process, let's consider a few scenarios:
1. **ZAR1000 Deposit**: If a client deposits ZAR1000 into their trading account, and the bank imposes a charge of ZAR12.80 for the transaction, QuickTrade.world deducts this amount from the deposited sum. Consequently, the client's trading account is credited with the net amount after deducting the bank charge.
2. **ZAR600 Deposit**: Similarly, if a client deposits ZAR600 and the bank applies a charge of ZAR9.56, QuickTrade.world deducts this fee from the deposited amount before allocating the remaining balance to the client's trading account.
### Transparency and Fairness
Our commitment to transparency ensures that clients are fully aware of any charges associated with their transactions. By passing on the exact bank charges without imposing any additional fees, QuickTrade.world maintains fairness and integrity in all our financial dealings.
### Client Convenience
While cash deposit charges are a necessary aspect of our operations, we strive to minimize inconvenience for our clients. By deducting the bank charges at the point of deposit, we ensure that clients receive the net amount promptly, without the need for subsequent reimbursements or adjustments.
### Conclusion
At QuickTrade.world, our approach to cash deposit charges reflects our dedication to transparency, fairness, and client satisfaction. By passing on the exact bank charges without markup, we uphold our commitment to integrity and accountability in every transaction. We remain steadfast in our mission to provide a seamless and client-centric trading experience for all our users.