Account Specifications

You can pay funds by bank remittance (SEPA or non-SEPA) or by using BCO's online payment solution providers - SafeCharge, Skrill, Crypto and SOFORT. Please note that we attach great importance to security. For that reason, we only accept payments from a bank account kept in the client's name. If you use bank remittance, this account must have been entered as reference account in the Online Account Opening Form.

Your BCO account can be opened in one of the following four currencies (EUR, USD, GBP, CHF). However, you can make a deposit in any of the currencies offered by our payment providers to us. Please note that the currency in which you are making a deposit may be converted to the equivalent amount in the currency of your BCO account (EUR, USD, GBP, CHF).

Our online payment system supports the following currencies:

It's quite simple to withdraw your funds using a bank wire transfer. Just login to My BCO and fill in the form in the Withdrawal section.

In order to protect all parties against the possibility of perpetration of any financial crime and comply with AML Directive DI144-2007-08 of 2012 of Cyprus Securities Exchange Commission and related EU regulations, BCO will only process withdrawals/refunds back to the source of the original deposit.

Please be informed that in the event that funds have been deposited by both an online payment solution and by bank wire, the funds deposited via the online solution will be processed first back to the original online source up to the total amount deposited through this method and then any remaining funds will be returned by bank wire transfer.

2. BCO's online payment solution

Please note that in order to withdraw funds using BCO's online payment solution providers, SafeCharge, Skrill or SOFORT, please log in to MyBCO and make your selection in the Withdrawal section.

Please note that this information is only an indication and depends first and foremost on the banks involved in the transaction.

Each client who has a live trading account with BCO can use our online payment solutions for safe and quick depositing of funds. To get started, login to My BCO and click on the Deposit section and make your selection. You will be redirected to the payment provider. For Skrill/Neteller, enter your credentials or register if you haven't already done so (please use the same email address as your BCO account).

For SOFORT, select your country and with the help of the bank's sort code, choose the bank that will carry out the transfer. You will enter the login section of our secure payment form, where you can log in with your own online banking login details. The information will be sent to your bank in an encrypted form. You will be asked for a confirmation code. Each confirmation code can be used only once and for your security cannot be entered a second time. You will then receive a summary of your SOFORT transfer.

For Safecharge, we accept credit cards (VISA debit/credit, Maestro, and MasterCard).

For Skrill, please click here to view our different payment methods.

For SOFORT, click here to see which countries are available for instant online banking transfers.

For Safecharge (Visa, Maestro or Master Card), the maximum deposit is 5,000 units per day. You cannot make more than 5 deposits per hour and more than 8 deposits per day.

For customers who are verified by Skrill, they can deposit unlimited amounts from their Skrill balance as well as by credit/debit card via the Skrill gateway. Non-verified customers are subject to a deposit limit of approximately 2,500 EUR per annum (depending on the country).

For SOFORT, the maximum deposit is 50,000.00 EUR per day or 15,000.00 GBP per day -TBC

Verified Neteller customers can deposit up to 10,000.00 EUR per transaction if no lower limits apply to their accounts. Non-verified Neteller customers have a deposit limit in the range of 1,800.00-3,000.00 EUR per annum that varies depending on their risk profile and country.

SafeCharge is Level 1 certified by the Payment Card Industry Data Security Standards (PCI DSS). PCI security standards are operational requirements set by the Payment Card Industry Data Security Standards Council in order to protect card holder data. These standards govern all merchants and organisations that store, process, or transmit this data.

Skrill was the first licensed e-money issuer in the UK and is authorised by the Financial Conduct Authority (FCA). The information which is transmitted is encrypted to the highest standards of the Payment Card Industry Data Security Standards (PCI-DSS Level 1), so your data is unreadable even if someone tries to intercept it.

NETELLER is one of the most trusted online payment systems in the world and is authorized by the Financial Conduct Authority (FCA).The information which is transmitted is encrypted to the highest standards of the Payment Card Industry Data Security Standards (PCI-DSS Level 1), so your data is unreadable even if someone tries to intercept it.

SOFORT is one of the safest payment methods online. The entry of your online banking details and confirmation code occurs entirely in the secure payment form of SOFORT GmbH, where the merchant has no access. Sensitive information (like confidential login details and confirmation codes) is not stored. SOFORT GmbH possesses the TÜV seal "Approved Data Protection" and SOFORT has the certificate "Approved Payment System" awarded by TÜV Saarland.