How to deposit funds (OANDA Asia Pacific)

  1. Log in to the HUB.

  2. Go to Manage funds, click on Deposit, select the trading account you want to deposit to and click on CONTINUE.

  3. Select the payment method. Depending on the payment method you select, you will be presented with different options.

    • For PayNow transfers, we provide on-screen instructions. Make sure you copy the Unique Entity Number, OANDA v20 Account Number and Payee Name correctly from the instructions and enter them on the PayNow transfer page.

    • For QR Pay/Scan & Pay transfers, we provide on-screen instructions. Make sure you scan the QR code and enter the payee name correctly from the instructions.

    • For FAST transfers, we provide on-screen instructions for transfers from DBS bank. Make sure you copy the reference number correctly and enter it in your banking portal.

    • For DBS Pay Bills, we provide on-screen instructions. Make sure you copy the bill reference correctly from the instructions and use it to transfer from your DBS/POSB account.

    • For wire transfers, you may select your existing verified bank account, print the on-screen instructions, and take it to your bank to initiate the wire transfer. You may also add a new bank account and initiate a wire transfer.

    • For cheque deposits, follow the on-screen instructions.

    Note the on-screen information for the Deposit Limit. Your deposit limit is determined by factors such as the financial information you provided to us at the time of registration or during your most recent PIU (personal information update). The deposit limit indicates the maximum net amount across all your accounts.

    • Your deposit limit, along with your total deposits and withdrawals since registration or since the last PIU, determines your deposit allowance. Deposit allowance is how much more you can deposit.
    • For example, you registered with us and you have not done any PIU update since. Your deposit limit is $1000. Your total deposit since registration is $500. Your total withdrawal since registration is $200. Your deposit allowance would be $1000 - ($500 - $200) = $700.
    • If your financial information has changed, you are encouraged to do a PIU update. Such an update can potentially increase your deposit limit.

Take one of the following steps:

  • Go to More and click on Add Funds or

  • Go to the profile icon in the top bar, select the sub-account you want to transfer funds to and then click on Add Funds.

You will notice the same deposit methods as explained in the Using the HUB section. Follow the prompts to complete the process.