In order to book a Drawdown from a Forward trade, select the Drawdown option from the dropdown menu or click on the button from the Dashboard.
Select the forward transaction you would like to Drawdown from, and click Continue.
When you’ve chosen your transaction, enter the amount you’d like to draw down in the Sell or Buy field. After you’ve entered the date and reason to trade, click Continue.
You’ll arrive at the Beneficiary page. From here, you can select one or more beneficiaries to make a payment/s to (this is optional).
Once you’ve allocated all the payments, click Continue (or Skip if you have not added any payments).
You will be shown a message that will ask you if you will send the funds (this also includes using your current balance) or if you wish to use any deposits you may have. When you select an option, click on Confirm.
After confirming the trade, you should receive a confirmation notification.
If you have any problems booking your trade, please contact us via Live Chat or contact your account manager.