Deposit Funds with OANDA
|Method||Deposit limits||Usual time for funds to be credited to account||Possible costs||Notes|
|Credit card||10,000 units of currency (or 100,000 JPY) per calendar month.||Immediate.||Your credit card issuer may apply charges, typically up to 3%, on credit card deposits or withdrawals, including international processing fees. Credit card transactions may be processed in a foreign country. Please check with your credit card issuer to determine if charges apply.|
|Bank wire transfer||No limit.||1-3 business days for domestic wire transfers (in CAD).
Up to 5 business days for international wire transfers.
|Your bank may charge a service fee. Intermediary banks may also deduct fees from the amount, resulting in a smaller incoming amount than you sent.||Complete wire instructions are available when you sign in to your account and click Deposit link from the My Account page.|
(CAD accounts only)
|No limit for Verified PayPal accounts.
Up to $100 CAD in total from Unverified PayPal accounts.
|Up to 1 business day. eCheques will take 1 business day after being cleared by PayPal.||A service fee of $0.30 plus a percentage (2.5% for payments within Canada or the U.S., 3.9% for other payments) of the total amount transferred is deducted from your margin deposit for each transfer.
For eCheck payments the service charge is capped at $300.
|Your PayPal name and/or email address must match your OANDA account records. (For entity accounts, both name and email must match.)|
(CAD accounts only)
|No limit.||Up to 7 business days upon receipt (includes time for the check to clear).||No fees.||Checks must be drawn from a Canadian bank and be in CAD. (Avoid NSF checks).|
- OANDA cannot accept payments from third parties. Please ensure that the name(s) on the originating account match those on your OANDA account. If you want to receive funds from a third party you need to set up a joint account with that party.
- For your security, you can only withdraw funds by the same method you used to deposit them into your OANDA account.
- PayPal accounts based in certain countries can only be used to send funds. Please do not use PayPal for deposits if you cannot receive funds on your PayPal account.