A ForexGen Deposit Account (FXGDA) enables onshore and offshore investors to optimize stable, predictable funds. It is a compelling investment alternative typically offering higher yields compared to other liquid investments. FXGDAs balance cost and convenience, liquidity and stability, and safety and enhanced yield. How it works Placed funds are available for same-day withdrawal. When interest rates improve, you benefit from the yield curve while having a callable balance. International & Federal Reserve Regulation limits the maximum number of pre-authorized or automated monthly withdrawals to six. It also gives ForexGen the right to require seven days notice for withdrawal. This makes the FXGDA an open term deposit with a seven-day inherent duration. Product Variations
Corporate FXGDA — If you are a non-bank financial institution incorporated outside the U.S., use this account structure to balances funds held on behalf of individual entities.
Cash Collateral — If you are an institutional client, you have the flexibility to place cash collateral earmarked to facilitate global trade transactions into your FXGDA.
Integrated Solution
FXGDA is part of our end-to-end liquidity and investment capabilities. Automated Money Transfer electronically links your FXGDA and regular, non-interest-bearing Trading Account. Why use Forex Deposit Account?
Gain access to typically higher yields
Combine safety and convenience with an enhanced yield
Eliminate the cost associated with placing time deposits
Enjoy greater liquidity than fixed-income products
Satisfy safety and liquidity requirements for stable client regulatory funds
Learn more through http://institution.forexgen.com/institutional/forexgen-deposit-account.html
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