GMO-Z.com Commerce UK Restricted, the FCA regulated brokerage arm of Japanese retail foreign exchange big GMO Click on Holdings Inc (TYO:7177) has introduced that it’s going to now be accepting deposits via China UnionPay Cell Banking Fee.
The next particulars pertain to Debit Playing cards issued by the next Chinese language banks:
|Financial institution||Per Transaction Restrict (RMB)||Every day Restrict (RMB)|
|China Retailers Financial institution||5,000||5,000|
|SPD Financial institution||200,000||200,000|
|Financial institution of China||5,000||5,000|
|China Building Financial institution||500||500|
|China Everbright Financial institution||20,000||20,000|
|Agricultural Financial institution of China||50,000||50,000|
|Industrial and Business Financial institution of China||5,000||5,000|
|Postal Financial savings Financial institution Of China||20,000||20,000|
Tokyo-based GMO Click on is, by quantity, the world’s largest retail foreign exchange dealer doing more than $1 trillion in OTC spot forex volumes per 30 days, primarily in Japan. By comparability, the most important ‘Western’ retail FX brokers do within the $200-400 billion vary corresponding to Saxo Bank, Achieve Capital’s Forex.com, and Exness.
GMO Click on paid $6.8 million to purchase the z.com domain name in 2014, rebranding its world retail foreign exchange operation to the uncommon one-letter area whereas launching an FCA-regulated London-based operation at across the time.