Choosing one of the four ECW types the Customer will decide when to provide money on the account for the order to be accepted for execution.
- Type W1 ― the order will be executed under the condition that the Customer, at the time of making the withdrawal by Beneficiary, provides funds permitting the withdrawal to be made. If funds are insufficient the withdrawal will not be made.
- Type W2 ― the order will be executed under the condition that the Customer, at the time of activation of the order, provides funds permitting the withdrawal to be made. The amount will be automatically blocked from order activation. If there are no available funds at the time of order activation, the order will be rejected by the Bank.
- Type W3 ― the order will be executed under the condition that the Customer, at the time of placing the order, provides funds permitting the withdrawal to be made. The amount necessary to make the withdrawal will be automatically blocked from the moment of entry of the order in the system.
- Type W4 ― the order will be executed under the condition that the Customer, at the time of activation of the order, provides funds in an amount permitting the withdrawal to be made. On the day of activation the withdrawal amount will automatically debit the Customer's account.
Note! Irrespective of the type of order, funds to cover the fee for submitting ECW order through Millenet are blocked when the order is placed. This fee is collected upon order activation.