Account Funding

Galt & Taggart only accepts funds originating from a bank account or an account held at a licensed financial institution under client's name.

Galt & Taggart does not accept any Third Party Payments, Bankers Drafts, Checks, Cash deposits and remittances from Exchange houses

Please use the following instructions to transfer your GBP to G&T Trader client account:
Intermediary Bank:
Citibank N.A., London, UK
SWIFT: CITIGB2L
Account with Institution:
Bank of Georgia, 29a Gagarini Str. 0160 Tbilisi, Georgia
SWIFT: BAGAGE22
Beneficiary: JSC GALT & TAGGART
Acc. GE83BG0000000602046500
Description: Transfer to G&T Trader client account # (client’s G&T Trader ID)

Please use the following instructions to transfer your USD to G&T Trader client account:
Intermediary Bank:
CITIBANK N.A., New York, USA
SWIFT: CITIUS33
Account with Institution:
Bank of Georgia 29a Gagarini Str. 0160, Tbilisi, Georgia
SWIFT: BAGAGE22
Beneficiary Customer: JSC GALT & TAGGART
Acc. GE83BG0000000602046500
Description: Transfer to G&T Trader client account # (client’s G&T Trader ID)

Please use the following instructions to transfer your EUR to G&T Trader client account:
Intermediary Bank:
Commerzbank, Frankfurt, Germany
SWIFT: COBADEFF
Account with Institution:
Bank of Georgia 29a Gagarini Str. 0160, Tbilisi, Georgia
SWIFT: BAGAGE22
Beneficiary: JSC GALT & TAGGART
Acc. GE83BG0000000602046500
Description: Transfer to G&T Trader client account # (client’s G&T Trader ID)

Transfer Charges
Galt & Taggart can and will only credit your account with the actual amount received on your behalf.

Currency Conversions
If you transfer funds in a different currency from the account currency of your G&T Trader account, your funds will be automatically accepted & converted to the appropriate currency of your account at the current conversion/FX rate (the mid-spread FX Spot rate at the time of transfer, plus/minus 0.5%), which will be non-refundable. To avoid any unnecessary currency conversions, please make sure to request opening relevant currency accounts for your G&T Trader account before making wire transfer. Any conversion already carried out on your funds will not be reversed.

Funds Withdrawal
Third Party Withdrawal is Not Accepted. Please note that you can only withdraw funds from your trading account to a bank account held under your name. Galt & Taggart is unable to facilitate funds transfers to or from third party accounts. This policy applies to both individual accounts as well as corporate accounts.

Processing fee
Galt & Taggart does not charge any fees for withdrawals.

Charges for Outgoing Transfers
In line with market practice, please note that Galt & Taggart bears only the bank transfer charges for outgoing instructions disbursed from our end. As the beneficiary, you will receive your payment minus any applicable fees imposed by the correspondent (intermediary) bank and/or the receiving bank. As these fees may differ from bank to bank, please contact your bank representative directly for more details.