How much do I need to deposit for a forward transaction?
When you execute a forward transaction you may be required to pay a deposit. The amount of deposit will be based on the Sell currency amount and length of time until the forward transaction settles, and will be calculated as follows:
|Length of deposit||Deposit amount|
|Between 1 week and 1 month||Deposit of 3% of Sell currency amount|
|Between 1 and 6 months|| Deposit of 5% of Sell currency amount
|Between 6 and 12 months|| Deposit of 10% of Sell currency amount