If you need to request securities transfer, please contact your account manager, or contact us at sales@gt.ge with the following information:

• Security name
• Security ISIN

Please note, that we can only transfer cash securities, such as stocks, ETFs, and bonds.

You can find full wiring instructions here.

Full wiring instructions will also be provided to you with your account details once you complete your account opening.

Additionally, you can request full funding details via email by contacting us at sales@gt.ge.

If you’re transferring from BoG bank account, it normally takes 1 business day to fund your account. If you’re transferring from another Georgian bank account, it normally takes 1-2 business days to fund your account. From an international account, funding can take up to 5 business days.

Please ask for a copy of the SWIFT from your remitting bank if funds are not received within five business days and send the SWIFT message to sales@gt.ge. We will investigate and get back to you as soon as possible.

For withdrawal of funds, please contact your account manager or email us at sales@gt.ge with the following details:

• Amount
• Currency
• Bank Account Number / IBAN

If you’re transferring to BoG bank account, it normally takes 1 business day. If you’re transferring to another Georgian bank account, it normally takes 1-2 business days. From an international account, transfer can take up to 5 business days.

Please note, after closing positions, proceeds received can be transferd out of account only after the Value Date (usually T+2).

Please note, that Galt & Taggart does not support third party transfers.

You can fund your account with minimum 1,000 USD and no limitations on maximum amount.

To request a transfer between sub-accounts, please email us the transfer request at sales@gt.ge (Galt & Taggart Sales) with the following information:

• Account you wish to transfer funds from
• The receiving sub-account
• The amount to transfer

Transfer normally takes 1 business day.

There is no transfer fee, however a 0.5% conversion fee applies. The conversion fee is charged by using the mid-spread FX Spot rate at the time of transfer, plus/minus 0.5%.

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 (using the mid-spread FX Spot rate at the time of conversion, 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.

Galt & Taggart does not provide traditional banking services and does not issue credit or debit cards to its clients.

How much does a securities transfer cost?
The transfer of stocks and bonds into Galt & Taggart custody is performed free of charge. Furthermore, Galt & Taggart allows clients to use their stocks and bonds portfolio as collateral for margin trading.

When transferring securities out of your account, the following exit fees are charged:

• DK Stocks - EUR 25 per ISIN (max. EUR 100)
• Other Stocks - EUR 50 per ISIN (max. EUR 160)

How long does a securities transfer take?
The timing of securities transfers may vary depending on the counterparty, security and market. In general, you can expect a transfer to be complete within 1 week.

When transferring securities into Galt & Taggart, you or your brokerage (from which you are transferring securities) back office must provide booking price (usually original buying price). If no price provided, shares will be booked at market price at time of booking.

For transfer OUT, securities are always booked at market price unless you provide your new broker with original buying price.

Once you have requested the security transfer you need to make sure to give authorization to your bank and provide them with all necessary documents for the transfer, as the actual time to complete the process will vary depending on the speed with which your bank responds and complies with our request.

Given that all of the above is met, transfer normally takes 1 week.

When you send funds to your account, it is possible to use them before the value date. Funds become available immediately for further operations as soon as they appear in your Transactions not booked under Account details - click the information i icon on the right side from account number.

The amount booked will move from Transactions not booked to Cash available on the following day.

Please note that the use of cash before value date will have an impact on the interest calculation as interest is calculated on the value dated cash balance and not posting date (value date and posting date of a cash transaction are visible in your account statement).

In case you have negative free equity on the account, you will be charged negative interest.

• Incorrect payment details provided (for example, a mismatch between IBAN and account number)
• Full withdrawal may require fee calculation as well as closure and settlement of open positions
• Unsettled transactions
• Correspondent Banks’ handling time