Home > How to draw-down from a flexible forward
How to draw-down from a flexible forward
Step 1:
From your World Account dashboard, click on ‘Payments’ on the left side navigation bar.
Step 2:
Click on ‘Transaction management’
Step 3:
Under ‘FX trades’ click on ‘Available’ to see the flexible forward you have available to drawdown from.
Step 4:
Find the forward you would like to drawdown from, and click on ‘Add payment’ on the right hand side.
Step 5:
“Select the payee you would like to pay.
Enter in any reference you would like to send with your payment.
Click ‘Next step’ to proceed.”
Step 6:
“Enter either the amount you would like to sell for you payment, or the amount your would like your payee to receive.
Select the date you would like to make your payment, and click ‘Next step’.”
Step 7:
Confirm your payment via the 2FA code sent via SMS.
Step 8:
Review the details of your drawdown and click ‘Confirm payment’ once you are ready.
Step 9:
“All done! Your drawdown has now been booked.
Please ensure you fund your account with the necessary amount to settle your drawdown on your specified payment date.”