For security and compliance reasons, deposits must be made only from a bank account that belongs to the account holder. This article explains whether you can use someone else’s bank account for deposits in Weltrade, why this restriction exists, and what happens if the rule is not followed.
During the transaction, please use exclusively your own account to send payment.
Don't use a third-party account to deposit Weltrade account. Using third-party bank accounts may result in payment rejection, account suspension, or compliance issues, the platform will not be responsible for possible asset loss.
Frequently asked questions (FAQs)
Can I use someone else’s bank account to deposit funds?
Can I use someone else’s bank account to deposit funds?
No. Deposits must be made only from a bank account that belongs to Weltrade account holder.
Why are third-party deposits not allowed?
Why are third-party deposits not allowed?
This rule helps prevent fraud, money laundering, and payment disputes, and ensures compliance with security and regulatory requirements.
What happens if I deposit from someone else’s bank account?
What happens if I deposit from someone else’s bank account?
Such deposits may be rejected, delayed, or not credited to your account, according to the platform rules.
Does this rule apply to all deposit methods?
Does this rule apply to all deposit methods?
Yes. The account holder name must match the Weltrade profile for all bank-based deposit methods.
Where can I see the status of my deposit?
Where can I see the status of my deposit?
You can view your P2P deals directly in the P2P section of your Weltrade profile:
Completed and Cancelled deals are available under P2P → Completed Deals.
Active deals can be found under P2P → Active Deals.
Each tab displays the corresponding deal status, allowing you to easily track your current and past P2P transactions.