Why cant deposit using a payment under 3rd party payment?
Last Update 2 months ago
DSFR does not allow third-party payments. A third-party payment is a deposit made using a payment method that is not in the same name as the owner of the DSFR account. As stated in our terms and conditions, the owner of the trading account should be the owner of the funds. Therefore, there is no option to make a deposit using someone else’s payment method.
However, if you wish to use a method of payment belonging to your spouse, we can set up a joint account for you. This must be set up PRIOR to depositing with the 3rd party payment method. This means that both parties will be allowed access to deposit/withdraw funds, however, only the account owner will be permitted to trade. You will be asked to provide identification documents, a proof of your relation (such as marriage certificate/ birth certificate), as well as to complete our joint account form.
If you do use a third-party payment method without a joint account, your account will be limited until the third-party funds can be refunded. Please note that your account might be closed if we are not able to refund the full amount.