"Centralized Bank-Futures Transfer "is an ICBC service to establish relationship between your funding account (for trading futures) and settlement account for transferring money real-time from settlement account to margin account in Futures Company. Futures Company can make any adjustment real-time to the balances based on the changes reflected in your funding account.
Change
Allow investors to change settlement account or release the relationship between settlement account and your funding account for trades.
Bank-to-Futures
Individual or institutional investors make transfer from settlement acccount to funding account for trades. Individual investors have to pay both remittance and transfer charges for inter-city transfer, but only fee for transfer within the same city.
Futures-to-Bank
Investors transfer their amount from margin account to settlement account. Banking charges of inter-city transfer will be paid by the settlement account designated by Futures Company.
Check Intra-day Transfer
Investors check the transfers between bank and futures company in a day.
