Agea-Marketiva Deposit Guide

1. By wire transfer or international bank transfer.

This method is more suitable for large deposits, ranging from USD 1000 upwards. Why? Because if we make a small deposit, some of the costs will be eaten up by the fee. The cost/shipping fee ranges from $25-30, regardless of the amount sent. So for example, sending $250 + a $25 fee, sending $1000 + a $25 fee. It's a bit of a loss if we send a small amount. Meanwhile, the time required for a wire transfer will be the same for small or large amounts, which is between 3-5 business days.

How to make a wire transfer to Agea:

• Note that your account must be verified beforehand. If not, you will not be able to get the bank details used by Agea.
• Log in to your Agea 'Account Center', in the Agea menus look for the link to Fund/Deposit Fund, then select the wire transfer method.
• Fill in your data, especially your bank details, correctly and validly. So that Agea can easily trace your payment.
• In the SWIFT Code section, fill in the swift code of YOUR bank.
• After you have completed filling out the deposit form, print the form, as well as the wire transfer instructions from Agea. The next step is to go to the bank to make a wire transfer.
• When making a money transfer from the bank, in addition to filling in the recipient's details (Agea bank) and your details, one important thing that must not be forgotten is to write the Transfer MEMO on the wire transfer slip. Fill in according to the instructions given when you filled out the Agea form earlier.
• After completing the wire transfer process, don't forget to keep the transfer slip safe. This is useful if within 7 days, your funds have not been received and you need to cross-check with the bank and Agea.
• The Wire Transfer process at Marketiva generally takes 3-5 business days. If after 7 days your funds have not been received, you need to contact Agea and the bank for further assistance.
• If everything is correct, the money will be credited to your default desk at Agea within 2-7 business days. Then, you can move the funds to the live desk if you want to use them for trading.

2. Using e-Payment (webMoney, FasaPay, etc.)

The e-Payment method is a legitimate digital payment system that is widely accepted worldwide, just like a credit card. But to make a deposit with a credit card, we must first have a credit card that is accepted by banks anywhere, and the transaction fee is also quite large. Whereas using ePayment, the deposit process is indeed longer, but the cost is lower, making it suitable for those of us who will deposit a small amount.

The stages are: We -> local exchanger -> ePayment -> Broker/Agea

An exchanger is a site/party that provides services for buying and selling/exchanging digital currencies (ePayment). Currently in Indonesia there are several local merchant exchangers where you can buy and sell funds from ePayment accounts to your local bank accounts.

What are the stages?
Let's say the ePayment you will use is WebMoney:

• You must create an ePayment account first on WebMoney.
• After you have an account at WebMoney, you need to fill the balance first which will later be used to deposit to the broker. To transfer to WebMoney, you can use the services of a webMoney exchanger by requesting a purchase from the webMoney exchanger. One of the conveniences of using a local exchanger is that you can pay locally via a regular interbank transfer.
  Regulations and procedures for purchasing are not exactly the same at every exchanger, so you should make sure the procedure is correct first.
• After the funds arrive in your ePayment account, the next step is to deposit to Agea. The steps are:
  1. Log in to your 'Account Center' at Agea.
  2. Look for the Deposit/Fund link 'Deposit by WebMoney'
  3. Enter your WebMoney details and the amount to be deposited.
  4. After the data is complete and correct, click on the 'deposit' button to continue to the webMoney payment system. Just follow it. Don't forget to save the batch number well, because this is proof to Agea that you have made a deposit with WebMoney.
  5. After completing the system/payment at webMoney, to ensure that the process is successful, check in the account center in the 'default desk' section. If successful, the funds will be credited directly there.
  6. If the funds fail to enter, immediately contact Agea and also provide the batch number so that the Agea support can immediately help your deposit process.
  7. Agea separates funds in 'default desk' and 'live forex', so if you want to use the funds for trading, you need to move them to the 'live forex' section first.

The advantage of depositing using ePayment is that the overall process is relatively faster, which is about a few hours to 1 day. And also, you can use a local bank and transfer between bank accounts as usual. However, the process is a bit longer because you need to have an account at ePayment and an exchanger.

Note: given the security factors of ePayment, be careful with the funds in your ePayment account. It is best not to keep funds on ePayment for too long. You also need to be selective in choosing a local exchanger; make sure that the exchanger has a proven track record of service and credibility.