How to Fund

As a preferred deposit option to your trading account, MubasherTrade has mandated that funds to your account be paid by wire transfer to the displayed MubasherTrade Bank accounts clearly mentioning your MubasherTrade account details with the remittance information. Please note that henceforth MubasherTrade does not accept cash deposits to its Bank accounts due to regulations that prohibit such deposits.

In order to comply with Anti Money Laundering rules applicable to Mubasher Financial Services BSC C (‘MFS’), we MFS do not accept fund transfers to your cash account with MFS from a third party account (i.e. an account for which you are not the first/ultimate beneficiary).

In an event, if you transfer funds from a third party account we will be required to refund the said monies back to your bank account. The refund takes approximately 15 to 20 working days to reach your account. Hence in order to avoid any refunds, we would sincerely appreciate if you could transfer funds from your bank account registered with MFS. In case you wish to register additional Bank accounts with MFS to remit monies for trading we would be pleased to add these accounts. In regards to registering additional bank accounts to your profile, you are required to liaise with our Client Services team member for assistance by sending an email on global@mubashertrade.com or by calling +973 17300849.

If you are a Corporate client, please ensure to wire funds to MFS from your Corporate Bank account/s only.

Effective from 1^st December 2020, all cash balances maintained with Mubasher Financial Services BSC (c) in the below currencies will subject to negative interest rates.

The negative interest is calculated based on the daily closing balance and charged at the month end.