Add funds to your account via Local Bank Wire Transfer

1

Open the app’s menu and tap ‘Deposit Funds’

Menu icon image
2

Tap the 'Local bank transfer / Offline UPI' method button

Local bank selection image
3

Next, you have 2 options:

UPI app transfer:
Take a screenshot of the QR code that appears on the page, and upload it to your UPI App and transfer the amount you wish to deposit (Minimum 8000 INR).

QR code image
Bank transfer:
  • Tap ‘iFOREX Bank Details.’ The bank details required to make the transfer will be displayed. You can transfer directly from your local branch, or online.
  • Enter the beneficiary details displayed on screen into your bank’s transfer page.
Bank details image

There may be times when bank details will not be presented, but emailed directly to you. Click "Get Bank Details" on the platform to receive the latest bank info by mail.

4

Return to the Local bank transfer / Offline UPI screen on the iFOREX platform, and enter the amount transferred in the relevant currency (e.g.: Indian Rupees - INR) as well as the date and transaction ID and upload a screenshot of your transaction confirmation.

Transfer details summary image
5

The law requires us to help prevent money laundering schemes, so we must verify your identity before the funds can be deposited in your account.

If you haven’t yet submitted your identity verification documents, or completed the Identification Questionnaire, follow this guide for assistance.

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