Automatic Funds Transfer and Zero Balance Accounting

Automatic Money Transfer allows institutional clients to transfer funds automatically between their ForexGen accounts, thereby facilitating control and management of funds held in multiple collection and/or disbursement accounts.
AMT accounts are pre-established with target levels determined by the client. AMTs can be for a fixed dollar amount, for balances that exceed a specified dollar amount or used to maintain a ‘peg’ balance in an account. The most frequently used form of AMT is commonly referred to as a “zero balance account” relationship. An example would be a trading account linked to a swap account, which eliminates the need for manual funding of the swap account. AMTs are often used in conjunction with overnight investment vehicles as well to reduce idle balances.
Why use Automatic Money Transfer?
Facilitates control of funds
Eliminates idle balances and/or overdrafts in sub accounts
Eliminates the need to manually transfer funds for routine transactions such as swap
Flexible transfer options (daily, weekly, monthly, etc.)