How soon must I transfer funds after locking a rate?

funds locking rate Soon transfer
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How soon must I transfer funds after locking a rate?

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On a spot contract standard settlement is within 2 days after locking the rate. On a forward contract, any deposits required are due within 2 days after locking the forward rate. The remaining balance is due on the date of settlement for the forward contract. • How do I Initiate a Wire Transfer from my Bank or brokerage Account to Barclays Bank? Clients make a request to their Bank or Brokerage Firm to initiate a Wire Transfer to Barclays Bank. Policies for initiating wire transfers differ from bank to bank. Most banks allow their clients to initiate a wire transfer by making a simple request via phone, email or facsimile. In the rarest circumstances a bank may require a client to be physically present in the bank branch to initiate the wire transfer. Most commonly, a client may initiate a wire transfer by simply phoning, emailing or faxing a request to their bank or brokerage firm. • How do I know my funds are secure? Client’s funds are transferred directly to Barclays Bank, one of th

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