Home > How to draw down from a flexible forward
How to draw-down from a flexible forward
Step 1:
From the dashboard, select ‘Payments’ from the Top Navigation.
Step 2:
Select ‘Transaction Management’.
Step 3:
Find the ‘Flexible forward’ you wish to make a drawdown from and click ‘Add Payment’.
Step 4:
Select the payee you would like to pay, and add in any references you need to go on the payment.
Step 5:
Input the amount you would like your payee to receive, or the amount you would like to debit your account for this payment. Make sure these amounts are within the amounts available on your trade.
Step 6:
Choose your payment date. This date must be within the settlement window of your flexible forward.
Step 7:
Approve the payment via your Authy app or via an SMS code.
Step 8:
Confirm your payment if you are happy to proceed.
Step 9:
Top up your WorldFirst currency account with the amount stated into the account details on screen. This amount is inclusive of any payment fees.