DEPOSIT & WITHDRAWALS
Deposit and Withdrawal Policy (WD Policy)
Trading in any investment opportunity that may generate profit
requires My Coine Lite’s customers to deposit money on their online
account. Profits may be withdrawn from the online account.
Deposits and withdrawals are regulated by this WD policy as well as the generally applicable terms and conditions.
You, the Client, have to perform all the deposits from a source (e.g. single bank account). If you want to start trading, you should make sure this account is in your country of residence and in your name. In order to certify that a SWIFT confirmation is authentic, it has to be sent to My Coine Lite to confirm the origin of the money, which will be used for trading. If you do not comply with this WD policy, you may be prevented from depositing the money via Bank/Wire Transfer. If you did not login and traded from your account within three (3) months, your Account will be subject to a deduction of 10 % each month.
According to generally acceptable rules and regulations, withdrawals must be performed only through the same bank account or credit/debit card that you used to deposit the funds.Unless we agree otherwise, withdrawals from the Account may only be made in the same currency in which the respective deposit was made.In addition, when you deposit or withdraw money for trading purposes using alternative payment methods, you should be aware that additional fees and restrictions might apply. Withdrawals are subjected to withdrawals processing and handling fees. Those fees will be deducted from the transferred withdrawn amount. The fees schedule is available on My Coine Lite.Without derogating of the foregoing, My Coine Lite may execute withdrawals to a different facility than the one used for the deposit, subject to Anti Money-Laundering regulations.Furthermore, when it comes to withdrawals, Client may be required to present additional information and documents