Wednesday, March 4, 2009

Can I send wire transfers in foreign currency?

For USD denominated accounts, GFM accepts funds in multiple currencies. If you send foreign currency to our USD Account, the bank will automatically convert it to US Dollars at an exchange rate specified by them, which will not necessarily be favorable. If you would like to wire funds in euros or Great Britain pounds to fund a USD denominated account, or would like GFM to convert USD to fund a Non-USD denominated account, please contact GFM's operations department at at