At UMOFX, making deposits and withdrawals is simple and straight forward and hardly takes up any of your time. We are constantly striving to offer you even more deposit and withdrawal options and to make the process even easier.
Please find the summary of services provided below:
In accordance with the Anti-Money Laundering Policy (AML), UMOfx is very careful with all the deposits and withdrawals. All transaction of deposits, the name of the originating client must match the name of the client in our record. Meanwhile for withdrawals money only can be withdrawn from the same account and by the same way it was received where the name of the recipient is present, must exactly match the name of the client in our records. Third party withdrawal is strictly prohibited.
If the deposit was made by wire transfer, funds may be withdrawn only by wire transfer to the same bank and to the same account from which it originated and if the deposit was made by means of electronic currency transfer, funds may be withdrawn only by the means of electronic currency transfer through the same system and to the same account from which it originated.
Always check your equity of the trading account balance before make any withdrawal request. It is because once the equity of the trading account drops below its minimum requirement, the deposit bonus will be considered as void; or, will be reviewed according to its new category.
All withdrawal requests are processed by UMOfx from Monday to Friday, 02:00:00 GMT+0 until 09:00:00 GMT +0. Any withdrawal request submitted after 05:00:00, GMT +0 will be processed on the following day. The withdrawals process will take within forty-eight (48) business hours from the time the request had been received by UMOfx. However, it usually complete less than twenty-four (24) business hours.