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Through a unique opportunity and through FORMALTRADE, the company can assist clients to apply for account opening at Deutsche Bank, in dbFX, both for private customers as well companies. These accounts can be used for discretionary administration in FX-Spot trading system at the bank, through FORMALTRADE. Account opening process: The client contacts FORMALTRADE for more common information or statement of interest.
The necessary and obligatory documentation for Wealth Management system at dbFX are according to following, if the client does not already have an account at dbFX.
1- Passport copy (Identity verification)
2- A new utility bill (Address verification)
3- Formaltrade Deposit Contract *
4- Formaltrade Performance Fee and Profit Sharing *
A) The client sends to FORMALTRADE, after agreement those necessarily information and account opening documentation, whose content to be requested by the bank. The client singes also the Limited Power of Attorney document for FORMALTRADE to trade on behalf of the client. B) FORMALTRADE contact the bank for request of account opening. C) After approve of account opening by dbFX, client receives account number directly of dbFX, and afterwards can transfer capital to its own new dbFX account. Monthly sharing of profits is divided according to the agreement between the client and FORMALTRADE Authenticated by dbFX, and payments occur only through the bank according to Limited POA written agreement.
More info For advice and further information concerning these choices are you welcome to contact us at FORMALTRADE. Client information: info@formaltrade.com
* (Shall be signed by client before any process) * |
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The necessary and obligatory documentation for Wealth Management system at dbFX.
For more detail information, please see: “Equity Stop”
In case of request for more and complete information, please visit: www.dbfx.com |
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