BCS will limit the withdrawal of dollars due to the policy of correspondent banks
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BCS will temporarily suspend the withdrawal of certain currencies from a brokerage account to any banks other than BCS Bank from October 28. Withdrawal restrictions apply to US dollars, pounds sterling and Swiss francs.
“This is a forced decision that we had to make because of the policy of correspondent banks. Now we are solving this problem and we expect that restrictions will be lifted in November,” she explained. press office BCS.
According to information on the site, BCS correspondent accounts in US dollars, pounds sterling and Swiss francs are opened at JPMorgan Chase. The main operations will remain unchanged: trading in securities, currency exchange on the Moscow Exchange, and replenishment and withdrawal of currency from a brokerage account with BCS Bank and vice versa.
From today broker “BCS World of Investments” withdraws an additional commission of 3% of the amount for withdrawing US dollars and pounds sterling from the account to third-party details. Euro withdrawal from the brokerage account is temporarily limited.
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