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Wire FAQs

Can I send wire transfers in foreign currency?

Friedberg Direct accepts funds in USD and CAD. Please note that if you send a currency outside of CAD or USD the bank will automatically convert at an…

To whom should the wire be sent?

Wire transfers should be sent to Friedberg Mercantile Group LTD. CAD Deposits Bank: Bank of Montreal SWIFT Code: BOFMCAM2 Transit/Branch #: 00022…

May I send a wire drawn on someone else's account?

No. Friedberg Direct may not make nor receive any payment via a third party. We can neither guarantee the receipt, nor the return of such payments.…

How long will it take for a wire deposit to appear in my trading account?

Wire transfers will be deposited into your trading account generally within one business day after receipt at our bank.  …

How long will it take for my wire deposit to arrive?

Domestic wires generally take 1 to 2 business days to arrive at Friedberg Direct. International wires generally arrive in 3 to 5 business days.  …