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Ebury.com
Funding a trade on Ebury Online is now easier than ever
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23 July 2020
Ebury is pleased to announce improvements to its Ebury Online platform (EBO) making funding a trade even smoother and quicker than before.
How does it work?
When a qualifying FX trade* is booked using Ebury Online and the “Start Now” button is selected, within the Transfer Details” section, a list of banks will appear to choose from.
After selecting the required bank users will be securely transferred to their online banking platform where they can authorise the fund transfer after completing the standard authentication and security procedures.
Users do not have to enter any details of the payment. Ebury Online passes the relevant information to the bank via our PISP so it can be auto-populated.
Please note: this is not a Direct Debit mandate. You will complete this process for each transaction.
Security
Ebury uses an industry leading PISP to manage the connection with the user’s bank. Client’s credentials are never uploaded to our system but just passed directly to their bank using SSL (HTTPS) and Public Key Infrastructure authentication (PKI) keeping their bank firmly in control of any transactions and enabling users to make payments quickly and securely.
Get in touch
If you have any issues with this feature please contact your Relationship Manager or email [email protected]. For more information visit our FAQs page.
*Availability criteria:
The functionality is available within the following criteria:
– Booking a spot trade with a maximum of £250,000 selling EUR, GBP or PLN.
– You are based in the United Kingdom, Germany or Poland
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