InstaWallet functionality
The InstaWallet system performs two main functions:
- transferring money between the wallets within the system;
- transferring funds between the wallet and InstaForex trading accounts
belonging to one and the same holder.
Each InstaForex trading account of the 1234567 format has an InstaWallet purse bound to it
with the unique ID i1234567. As you can see, the purse ID and the trading
account number almost coincide, except for the symbol "i" in the front.
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Example: The trading account 4444 has the purse i4444; likewise, the trading account 7777
is bound to the wallet i7777.
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Adding funds to the wallet means moving funds from the InstaForex trading
account to the purse in the InstaWallet system
The owner of an InstaForex trading account can have funds instantly transferred from his/her account to InstaWallet. The funds can be returned to the trading account in the same manner (transfer of money from the wallet to the trading account) or sent to a different purse in the InstaWallet system.
Transfer between purses within the InstaWallet system
Every user of the InstaWallet system can make a money transfer to another InstaWallet purse. Each of these transfers is non-refundable and final. The quantity of transfer
operations is unlimited, however, for the purses of a standard type the limit is
2500 USD per 24 hours. If by some reason the customer wants to expand his/her 24-hour
transfer limit, it is possible to contact the InstaWallet Support Service explaining the reasons
for it.
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Example: The owner of the wallet i4444 transferred 1000.00 USD to the wallet i7777. The operation was executed within 1 second, no commission fees for
the transaction were taken.
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Uploading funds into InstaWallet
It is possible to add funds to your InstaWallet purse by sending them from your InstaForex trading account. The InstaForex trading account which you would like to use for uploading money to your wallet can be replenished by the standard means, listed here
Withdrawing funds from InstaWallet
Withdrawal of funds from your InstaWallet purse is accomplished by the operation of the
money transfer to InstaForex trading account. Thereafter, the funds on the InstaForex
trading account can be withdrawn using one of the standard methods listed here
Nota bene: Employing the InstaWallet system for exchange of funds between payment systems is forbidden. Please familiarize yourself carefully with the InstaWallet Public Offer Agreement.
InstaWallet
InstaWallet benefits
Registration with InstaWallet
InstaWallet security system
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