Dear Client,

We would like to make you aware of a change to European banking guidelines which will affect the way you deposit and withdraw money from your CMC Markets account.

From January 1st 2007, payments in Euros must now include both the International Bank Account Number (IBAN) and the Bank Identifier Code (BIC) for your bank account. Payments in other currencies can also use this new standard.

The IBAN is a European standard for bank account numbers and the BIC is the unique identification code of a particular bank and are used in conjunction to allocate funds to the relevant bank accounts.

Making payment to CMC Markets

When making payments in Euros to CMC Markets, please quote CMC Markets' BIC and the IBAN:

Euro Payments
BIC
NWBKGB2L
IBAN GB20 NWBK 6072 1442 0068 21

You can also use the IBAN & BIC for other currencies, simply change the IBAN number to the applicable one from the list below:

International Bank Account Number
Currency
IBAN
Pounds Sterling
GB13 NWBK 6000 0139 0605 94
Australian Dollars
GB02 NWBK 6073 0142 0067 91
Canadian Dollars
GB87 NWBK 6073 0142 0068 13
Hong Kong Dollars
GB68 NWBK 6073 0142 0068 64
Japanese Yen
GB12 NWBK 6073 0142 0068 05
Norwegian Kroner
GB15 NWBK 6073 0142 0068 48
Polish Zloty
GB90 NWBK 6073 0142 0068 56
Swedish Kroner
GB83 NWBK 6073 0142 0355 97
Swiss Franc
GB46 NWBK 6073 0142 0067 75
US Dollars
GB24 NWBK 6073 0142 0067 83

. . . . . . .

Withdrawing money from your account

For CMC Markets to pay funds in Euros to your own bank account we require the IBAN and BIC code for your bank. If you do not know your IBAN or BIC, please contact your bank who can advise you of these.

Please make sure you quote your IBAN and BIC in any withdrawal request. The new Withdrawal Form accomodates these new requirements to help you request payments from CMC Markets.

To protect our clients against fraud, any deposits that you made through a debit or credit card may be returned to the card the payment was taken from. These returns may take up to 5 days to appear on your statement.

. . . . . . .

Failure to quote either the IBAN or BIC code after January 1st 2007 may result in a delay or possible rejection of the payment. Banks are also entitled to impose a penalty charge if either number is missing.

If you have any questions about these changes, contact us by email helpdesk@cmcmarkets.co.uk or call us on +44 (0)20 7170 8205.

Best regards

The team at CMC Markets

For quick answers to your account, software and dealing questions, please visit www.cmcmarkets.co.uk/help

 
CMC Markets UK Plc is authorised & regulated by the Financial Services Authority