How to Legally Take Money out of a Limited Company, how to withdraw money from grand capital.

How to withdraw money from grand capital


All transactions of this type must be recorded in a directors’ loan account, which keeps a running balance of the transactions between a director and the company itself.

Free forex bonuses


How to Legally Take Money out of a Limited Company, how to withdraw money from grand capital.


How to Legally Take Money out of a Limited Company, how to withdraw money from grand capital.


How to Legally Take Money out of a Limited Company, how to withdraw money from grand capital.

Account balances can be ‘in credit’, if the director has paid more into the company than he has taken out, or ‘overdrawn’ if the director has withdrawn more money than he has paid in. The careful use of a combination of these methods can be an extremely tax efficient way to minimise personal tax liabilities and run a business.


How to legally take money out of a limited company


You might think that once you’ve set up your limited company, you’re free to dip into and out of the company’s profits as you see fit – it’s your company after all.


In reality, directors who employ this ‘what’s yours is mine’ attitude to their company profits could find themselves in a lot of trouble.


Limited companies become a legal entity in their own right when they are incorporated at companies house. That means the company’s assets and profits belong to the company, not the business owner. Therefore, you cannot simply take money out of the business like a sole trader, whose personal and business assets are one and the same.


Money can only be taken out of a limited company in one of three ways, and all three of these methods must be recorded and accounted for. You must also be careful to only take money out of a company if it is making a profit and once tax and all other financial liabilities have been accounted for.


Take Money Out of a Limited Company Without Paying Tax


Three ways you can take money out of a limited company


The first thing you should ask yourself is not can I take money from the company but should I?


The vast majority of directors who contact us have not set aside any cash buffer to counter when things go wrong. Notice we said when things go wrong not if! Ok you may be regarded as being a pessimist to expect everything to go wrong all the time but only a fool expects everything to go right all the time too.


Get the balance right and set aside 10% off the top of your sales revenues and put it to one side for a proactive cash account. This account should be in addition to setting aside taxes – each month! Yes each month – do not wait until the end of the year.


Then and only then if you have sufficient revenues should you consider taking bonuses or dividends and even then pay them quarterly.


Money can be withdrawn in the following ways:



  1. Director’s salary, expenses and benefits

  2. Dividends

  3. Director’s loan


The careful use of a combination of these methods can be an extremely tax efficient way to minimise personal tax liabilities and run a business.


This is due to the fact that corporation tax is payable at just 20 percent, while income tax on earnings over £50,001 (with the £12,500 personal allowance) sits at 40 percent.


A director’s salary


The most familiar method of taking money out of a limited company is for the directors to pay themselves a salary. Company directors are employees of the business just like anyone else, so they will have to be registered with HMRC for PAYE and will also have to pay national insurance contributions on their earnings.


Most company directors choose to take a very small salary, up to the national insurance contributions threshold of £8,060, and instead take the lion’s share of their pay in dividends.


Paying this level of salary ensures a director qualifies for the state pension and benefit entitlements, but does not incur a personal tax liability.


I will say up front that I am not a great lover of the way dividends are taken and or accounted for by most one man limited companies. This is for a variety of reasons but suffice it to say that if you are taking dividends monthly and you are not setting aside corporation tax and paying VAT and PAYE you should not be taking dividends. I know this may upset some directors and accountants but any director paying him/herself dividends monthly and cannot or will not pay taxes is setting themselves up for a big fall.


Dividends


If you cannot afford to pay your taxes then the company is not viable, possibly insolvent, and dividends should not be taken. All the director is doing by taking dividends is building up a negative balance which will have to be repaid at some point if the company is liquidated insolvently. Therein lies the rub – some directors will just bury their heads in the sand and hope the problem will go away. It won’t.


The majority of directors of limited companies will also be shareholders in profitable companies who do pay taxes and have a proactive cash buffer. In this case, income can be taken out of the company in the form of dividends, which are paid out of the company’s profits after corporation tax has been deducted. This is an incredibly tax efficient method of taking a payment as there is no personal tax liability on net dividends up to £30,892.50. Even payments above this level will attract a more favourable tax rate than if the money were taken as a salary.


Solvent companies


It is essential to remember that a company cannot pay out more in dividends than it has in retained profits from current and previous financial years. You can learn more about the level of tax you pay on dividends here.


Directors’ loans


A director’s loan is another efficient way to take money out of a company, although it can be fraught with hazards if the process is not handled correctly. If you take money out of a business and it is not a salary or a dividend, you have what is known as a director’s loan.


All transactions of this type must be recorded in a directors’ loan account, which keeps a running balance of the transactions between a director and the company itself. Account balances can be ‘in credit’, if the director has paid more into the company than he has taken out, or ‘overdrawn’ if the director has withdrawn more money than he has paid in.


Overdrawn directors’ loan accounts are a common problem in insolvent companies, but in the normal course of viable solvent businesses they can be repaid in full or in the correct circumstances even written off by the company.


All transactions in a director’s loan account have to be accounted for in the company’s balance sheet, and may also have to be included in the company tax return and the director’s self-assessment return. In most cases, directors with overdrawn loan accounts will not have to pay any tax as long as the sum is repaid within nine months and one day of the company’s account reference date.


If a director’s loan account is overdrawn by more than £10,000, the sum will have to be declared on the director’s self-assessment tax return, and the appropriate rate of tax will apply.


Is there a way to take money out of a limited company without paying tax?


As this article explains, there is no way not to pay tax, however depending on your situation there will more efficient or less tax efficient methods. This is where your company accountant’s expertise will be invaluable.



Premature withdrawal of funds from capital gains deposit account


The income tax act has laid out exemptions under section 54 and section 54F to help taxpayers save tax on capital gains.


(1) exemption under section 54 is available on long-term capital gain on sale of a house property.


(2) exemption under section 54F is available on long-term capital gain on sale of any asset other than a house property.


To reiterate, both the exemptions are available only on long-term capital gains.


Common requirements between the two sections:


1. A new residential house property must be purchased or constructed to claim the exemption


2. The new residential property must be purchased either 1 year before the sale or 2 years after the sale of the property/asset.


3. Or the new residential house property must be constructed within 3 years of sale of the property/asset


4. If you are not able to invest the specified amount in the manner stated above before the date of tax filing or 1 year from the date of sale, whichever is earlier, deposit the specified amount in a public sector bank (or other banks as per the capital gains account scheme, 1988).


5. Only ONE house property can be purchased or constructed.


6. Starting FY 2014-15 it is mandatory that this new residential property must be situated in india. The exemption shall not be available for properties bought or constructed outside india to claim this exemption.


Differences between these two sections:


Key points to remember


1. If the cost of the new residential property is lower than the total sale amount, then the exemption is allowed proportionately. For the remaining amount, you can reinvest the money under section 54EC within 6 months.


2. Now, what if one needs the funds immediately i.E. Before the maturity of the bonds or he doesn’t want to invest/block the funds in property again.Yes,the same would be taxable in the previous year in which the funds are withdrawn, but the assessee would be the king of his own funds after paying the requisite taxes.


3. Now the question comes how he will release his own funds from the bank. Just giving an application to the bank for withdrawal of funds won’t help. Bank will need permission from the jurisdictional assessing officer for the release of funds.


4. I had a recent experience in such case and we had submitted the following documents to get permission from AO:-



  • Acknowledgement copy along with the copy of return.

  • Computation of income.

  • Statement of capital gains working.

  • Sale deed of the property sold on which capital gains was earned.

  • Valuation report of the property sold.

  • Copy of the bonds in which the capital gains was invested.

  • Copy of the passbook/bank statement in which the sale proceeds was invested and the same were then invested in capital gain bonds.

  • Form –G in triplicate.

  • An explanatory note to convince the AO for the same.



5. If the ITO is satisfied and no further documents are required, then he may sign and stamp the form considering the TDS implications. This may take a week. So inform your clients well in advance about the same. Always take the form in triplicate since the ITO will retain one copy, one copy will be submitted to the bank for release of your funds and the third one for your own records because it would be a sure case for scrutiny.



How grand capital steals money


Na-krul


Recruit

Grand capital ltd. (www.Grandcapital.Net) as though is most ordinary company (when compared to other russian brokers) - as well as many other tells about long-term experience, instant deposit and withdrawal funds, positions itself as a "reliable broker". But not every broker stoops to such impudent and obvious stealing (fortunately).
There are method which these scammers applied to my deposit for stealing all my gain:


September 30th I ordered withdrawal of $3000 from my account number 10842. Right after that (next day) trading on my account began impossible: at first, when I tried to use EA I saw the message "trading by experts is prohibited", secondly, when I tried to open position by hand almost constantly there was "trade timeout" or my orders executed during 1.5-2 minutes.


After 3 days (october 3rd) I called to grand capital's support to ask why they didn’t make withdrawal from my account. They said (only now) that I must to send the copies of my passport and to open information in the webmoney certificate, then I did it. 4 days later I called them again to know why they didn’t make withdrawal until now, there were about 10 AM october 7th. An employee said that they are got all documents and withdrawal will make today. This day I closed terminal at 1143 AM.


11:43:25 GC trader 4 4.00 build 218 stopped
20:20:05 GC trader 4 4.00 build 218 started
20:20:11 '10842': login (4.00, #2B7666A6)


Next time I opened terminal at 0820 PM and saw 2 transactions which (if to trust its opening time) were executed 13 minutes later that I closed terminal in the morning (terminal time is 2 hours before moscow):


26677 2008.10.07 09:57 sell 0.30 eurzar 11.816 0.000 0.000 2008.10.07 09:57 12.016 0.00 0.00 0.00 -796.04
26676 2008.10.07 09:56 sell 1.00 eurzar 11.821 0.000 0.000 2008.10.07 09:57 12.023 0.00 0.00 0.00 -2 680.00


In the personal cabinet I saw an answer on my question which I set a day ago:


08-10-06 21:25:35 question: hello, when will my withdrawal request for $3000 which I sent a week ago be executed?
08-10-07 11:51:33 answer: your request is rescinded, because in the process of its execution on an account trade was carried out. Close all transactions, abolish pending orders and send request the second time. Do not trade while funds will not be transferred.


Pay attention to time of this message. It was written 5 minutes before opening of that positions. Support was quiet a few days, and here answered at once and at the same time that transactions appeared, rather 5 minutes before their appearance.
Next moment is a sum of loss on these positions. For all the time of work on an account my profit was $3651, sum of loss on these two positions - $3476, that is practically the same.


Further I called to grand capital's support. Laughing at me (exactly laughing and jollying), they told me history that some hacker cracked my account and inflicted losses on that sum, that is complete absurdity. What hacker may need to crack somebody's account to open and here close 2 transactions on EURZAR, thus to choose exactly lots 1.0 and 0.3 - taking into account spread on this pair and at this time losses will equal the sum of my profit? (spread on EURZAR is 200 points, and this instrument not represented in the market review by default, it is necessary to find it in the large list of accessible instruments)
after that I called gc's director for explanations, he promised to find out what's the problem. 2 weeks passed, during which I how hardly not every day called to this kitchen and communicated both with support or with a director. Result is a zero.
Eventually a director once again told me history about a hacker who cracked my account, and declared that they will not give me money.
Then I hardly take out an initial deposit, and that due to my daily calls to this impure kitchen. It took more than a week, I had to send the copy of my passport two more times and once again had to open information in the webmoney certificate. There was the impression, that it was first withdrawal for all the time of company existence.


For "closing an account" they took off more $50.


Another moment: the owner of grand capital's account can't change a password which a company determines at first - at an attempt to change a password terminal shows a message "cannot change password [not enough rights]".
Proofs on video:



(bad quality)
http://depositfiles.Com/files/08gmykpid (good quality)


It is strange, usually all companies recommend to change a password right after activating of account. I suppose the reason why grand capital doesn't allow to change a password - that the company employee at any moment could "to trade" on any account.


The professional level of company also shows illiteracy of its employees that in russian, that in english.
See screenshots:

mistake 1.PNG



http://depositfiles.Com/files/8cp3z3spn
http://depositfiles.Com/files/ymjear27d
http://depositfiles.Com/files/oxaj1ymtn


Recently in brokers ratings appeared reviews about grand capital from other traders which these scammers robbed absolutely the same way. Unfortunately I knew about it too late.


Grand capital is a worst and impure kitchen from all that I know, they will steal a cent, when an opportunity offers.



Binary options


Trades from $1, early closure. Profit up to 86%


Register to get a demo account with $10,000


Binary option is the most popular way of making high profits with minimum effort.


Binary option is the most popular way of making high profits with minimum effort.


Grand capital - best binary options broker*


Choose the status you want to start with:



  • Trading in webtrader classic

  • 27 trading instruments

  • Free education

  • Free analysis



  • Trading in webtrader classic

  • 27 trading instruments

  • Free education

  • Free analysis



  • Trading in webtrader pro

  • Trading signals

  • Trading in MT4

  • Analysis tools right in the terminal



  • Trading in webtrader classic

  • 27 trading instruments

  • Free education

  • Free analysis

  • Trading in webtrader pro

  • Trading signals

  • Trading in MT4

  • Analysis tools right in the terminal



  • Personal analyst

  • Ability to use eas

  • Risk-free trading

  • 10% refund for
    unsuccessful trades


How to trade:


Choose an asset and expiration time


Specify the investment amount


Choose the direction of the price movement (CALL — up, put — down)


Advantages of to trading binary options with grand capital


Three trading platforms


How it works


Binary options is a financial instrument used to make profit by predicting an asset's price movement (currencies, shares, commodities). In order to receive profit, a trader makes a prediction regarding the direction of the underlying asset's price movement. If the prediction is correct, the trader receives profit. If it is not, the trader takes losses. Traders can also close the trade early if they realize that the prediction is not correct. In this case, a part of the contract cost is refunded.


Purchase a CALL option if you think that the price of the chosen asset will be higher than at the moment of its expiration time.​



  • If your prediction is correct, you will receive profit.

  • If the price remains the same, you don't take losses and don't receive any profit.

  • If the current price is lower than the price at the moment the option was bought, you take losses.




Financial living blog


How to withdraw money from a federal government TSP at retirement


How to Withdraw Money from a Federal Government TSP at Retirement - image


Has this ever happened to you? You go to a restaurant, read the menu and then suddenly find yourself seemingly paralyzed. Though you’re hungry, you can’t decide what to order. The cobb salad or the cheeseburger? You’re overloaded with options, and you fear that whatever you order, the other meal would have been better.


This is known as analysis paralysis. When confronted with an abundance of choices, people can often overthink the situation and essentially lose their ability to make decisions.


But it’s not just a problem of having too many choices. It’s also the quality and amount of information we’re given as we make those choices.


We all know saving in a 401(k) is a wise decision. And, generally, the more fund options, the better. You have more ways to diversify your account and lower your investment costs. But studies have shown that if more fund options are offered in a 401(k) plan, fewer people participate. This is because participants struggle to differentiate between all the funds while overloaded with complex investment information from their benefit materials. It’s not surprising then that the highest participation rates are among employees that are automatically enrolled in their company’s plan, unless they choose to opt out.


Federal government employees may find themselves at risk of analysis paralysis when it comes time to retire. The thrift savings plan (TSP) offers more withdrawal choices than your average 401(k). How you choose to withdraw your money greatly impacts the outcome of your retirement.


It is important then to carefully choose your withdrawal options as well as your withdrawal amounts. Excessive withdrawals can reduce the likelihood of a successful retirement. Meanwhile, overly frugal withdrawals could diminish your quality of life in retirement. If not equipped with the right information, you could make the wrong decision. And, there’s no re-do.


To help you not only make a decision, but the right decision, let’s take a look at the various TSP withdrawal options and how they work.


Partial TSP withdrawal


You can withdraw a portion of your assets while saving the remaining balance in the TSP for later. This option, however, is not available to those who have taken an in-service withdrawal in the past.


Full TSP withdrawal (single payment)


This option allows you to withdraw the full balance of your TSP account, either as a lump-sum cash payment, which is a taxable distribution, or transferred directly to an individual retirement account (IRA), which is not a taxable distribution.


IRA transfer


An IRA transfer is often the best option for most retirees. Although the TSP offers solid investment options to grow your assets as you’re working and saving, it may not provide the diversity, tax efficiency, investment selection and flexibility that can better provide a reliable and sustainable stream of income throughout your retirement.


An IRA has the following benefits over the TSP:



  • Greater diversification. The TSP often lacks the diversification needed to create a balanced, risk-controlled portfolio. Iras offer retirement investors access to almost any investment available to help meet specific income needs and future goals.

  • Flexibility. An IRA gives you the flexibility to purchase or sell investments as economic conditions or your needs change. Sometimes new investment opportunities or life events, such as a death of a spouse, will necessitate adjusting your investments.

  • Easy access to your assets. With an IRA you can quickly raise and access cash for expenses, especially for unexpected costs such as medical emergencies or home repairs. Of course, this ability can also be a drawback to those who struggle to control their spending.

  • More low-cost options. Although the TSP is low cost, you can find comparable or cheaper investments in an IRA that offer far greater selection, flexibility and customization. The lower your investment costs, the more of your return you keep.

  • Professional management. When your savings are in an IRA, a financial adviser can help you choose investments that appropriately fit your financial needs and goals. Additionally, an adviser can directly adjust your portfolio as market conditions or your needs change.



TSP monthly payments


This option allows you to withdraw a specified amount payable each month or an amount payable each month based upon your life expectancy. Once a year you have the option to change this amount or take the remaining portion of the TSP as a full withdrawal.


TSP payments based on life expectancy should be avoided for one good reason. It may sound like a good idea until you live longer than your life expectancy.


TSP annuity


If you select this option, the TSP purchases an annuity on your behalf that is payable monthly to you for the remainder of your life or your spouse’s life. This option can be elected using the full balance or a portion of your TSP. (the annuity is purchased from a private insurance company.)


Although guaranteed monthly income may sound attractive, the annuity option has some major drawbacks. Buying an annuity will restrict your ability to take out additional money when unexpected expenses occur or as living costs increase. Also, you will be unable to pass on an inheritance upon your death.


If you’re worried about running out of money in retirement, remember, under FERS you already have two non-variable assets for retirement: social security and the basic benefit ("monthly annuity"). No matter what happens, these two assets will continue to pay a prescribed amount every month that will increase over time with cost-of-living adjustments. Your TSP, therefore, should be left available to provide a key strategy for generating income and growing assets.


Learn more about government retirement benefits, including the FERS basic benefit, the thrift savings plan and other retirement planning steps, by downloading our free, easy-to-understand guidebook, FERS made simple: understanding and maximizing your benefit. (click the button below)



RESP withdrawal rules and strategies for 2020


When the RESP beneficiary (student) is ready to go to school, the subscriber (owner of RESP account) needs to start withdrawing money from the RESP account. To withdraw money you have to provide some proof to your resp provider that the resp beneficiary (child) is going to an approved post-secondary school. You don’t have to show receipts for specific purchases.


Two types of money in the RESP account


In your RESP account, there are two different types of money: contributions and accumulated income.



  • The contribution amount is the sum of all the contributions that you made to the account over the years.

  • The accumulated income is made up of grants, capital gains, interest, dividends earned in the account.Any money that is not a contribution is considered to be accumulated income.




  • Contribution withdrawals are not taxed.

  • EAP (educational assistance payments) which are withdrawals of accumulated income, are taxed as income at the hands of the student.



The good news is that students have the personal exemption, as well as tuition tax credits which helps lower their tax bill. Obviously income earned during summer jobs or on co-op work terms will affect their taxes as well.Another bit of good news is that you can tell your financial institution if you are with drawing contributions or EAP (or both) so you can manage the taxes to some degree.


Please note there is no withholding tax on any kinds of RESP withdrawals, so if the student ends up in a taxable situation, they will have to pay the taxes at tax filing time.


A withdrawal limitation


First – one withdrawal rule to get out of the way – you are only allowed to withdraw $5,000 of accumulated income in the first 13 weeks. After 13 weeks, you can withdraw as much accumulated income (via EAP) as you wish. There are no limits to withdrawals from the contribution portion as long as the child is attending school.


Basic RESP withdrawal strategy


When planning the withdrawals, try to withdraw as much accumulated income money as you can tax free.For example when the student first starts school, they will have just completed a short summer (two months) so they probably won’t have much income for the year. That might be a good time to maximize payments from the accumulated income portion of the account (EAP).


On the other hand, if the student is in a co-op program and has two work terms in one year and only one school term, that might be a good year to take out contributions rather than accumulated income.


You don’t want to end up with accumulated income in the RESP account if the child is no longer going to school.


What if your child doesn’t go to school?


What happens if junior decides that school is not for him? You have to collapse the plan and pay a pile of tax on it.


First of all you have lots of time to collapse the plan so don’t do it right away. It’s always possible that your child will give up on their pro hockey or musician career and will need the money for schooling later on. You can keep the account open for 35 years after the year in which the account was opened.
If you do collapse the plan, the contributions are tax free, anything else (accumulated income) is added to the subscriber’s gross income for taxation purposes.And on top of that, the accumulated income is charged a tax of 20%.
If you are retired or have any way to reduce your income in the year you collapse a resp plan, do it to save taxes.


What if the child does more than one session at school (ie multiple degrees)?


You are allowed to use the RESP for one degree and then keep some money in the account for future education. The only limit is the 35 year limit previously mentioned. Be warned that it’s not a bad idea to take out all the RESP money during the first degree so that there are minimal taxes and no penalties. If you save money in the RESP account for future degrees and the child doesn’t end up using the money, there will be increased taxes and penalties.


More RESP information


How to withdraw excess money from your RESP account. Some strategies for withdrawing extra RESP money without penalty. This applies if the student started school and quit early or ended up with extra money.


How to avoid RESP withdrawal penalties if the child doesn’t go to school. If you child ends up not using the RESP at all – here are some ideas to avoid penalties and taxes.


More RESP information – comprehensive list of RESP articles on this site.


Want to learn more about resps? Buy the book:


The RESP book: the simple guide to registered education savings plans



How to withdraw money from grand capital


Investment offers of grand deposits:


180 - days income payment and all deposit payment at the end of the term.
365 - days income payment every month and all deposit payment at the end of the term.



  • Re-investment and additional investment

  • Start program "bring a friend"

  • Your personal income from your network

  • Network bonuses for friends

  • Rules for the use of investment income and bonuses



Opening an account with grandfx trade is easy. All you need to do is fill out the simple online registration form, attach documents, submit the form to us, and we will do the rest for you in just a few minutes.


No we do not, there are no "hidden" extra fees when using grandfx trade
AI are compensated for their services in either the spread (bid-ask price difference) or commission per lots traded only.


Kindly note that in order to proceed with processing a credit/debit card deposit, we will require a copy of the credit card used (front and signed back).
For your safety, please blank out the seventh to twelfth digits of your card number and also please blank out the last three digits on the back of your card (CVV number).
You will not be asked to send your credit card copy for each deposit, provided that you are using the same card. If the date on the provided credit card expires or there is use of another credit card a hard copy will be asked.
You can upload the card copies to your profile


Yes, you can. Please note that your deposit will be converted to your grandfx tradeaccount's currency, before the funds reflect on the balance of your account with us.


Leverage is the multiplication of your balance. This allows you to open bigger trading positions since the margin required will be lowered according to the leverage you have chosen. Even though with leverage you can make a bigger profit, there is also a risk of having a bigger loss because the positions you open will be of higher volume (lot size).


Example:
account balance: 100 USD
account leverage: 1:100
for your trading capital this means 100 * 100 USD = 10,000 USD to trade (instead of 100 USD).


Safe systems and client protection through innovative platform security, verified payment providers and in-date 256-bit SSL encryption across the entire website . We keep your information and money secure.


Our financial advisers are ready to create balanced portfolio specifically for your financial capabilities


You may get a neat consultation about where to invest and when is the most most suitable time for it!


Choose trading or investing style you like the best.


Risk disclosure
investing in high-risk groups: (forex) and contracts for difference (CFD) is a speculative transaction with high risk, which is not suitable for every investor. You may incur partial or total loss of your investment, so we do not advise you to invest capital that you cannot risk. You should be aware of the increased risk associated with leverage. We strongly recommend that you familiarize yourself with the terms and services of our website before you start using our service.



Binary options


Trades from $1, early closure. Profit up to 86%


Register to get a demo account with $10,000


Binary option is the most popular way of making high profits with minimum effort.


Binary option is the most popular way of making high profits with minimum effort.


Grand capital - best binary options broker*


Choose the status you want to start with:



  • Trading in webtrader classic

  • 27 trading instruments

  • Free education

  • Free analysis



  • Trading in webtrader classic

  • 27 trading instruments

  • Free education

  • Free analysis



  • Trading in webtrader pro

  • Trading signals

  • Trading in MT4

  • Analysis tools right in the terminal



  • Trading in webtrader classic

  • 27 trading instruments

  • Free education

  • Free analysis

  • Trading in webtrader pro

  • Trading signals

  • Trading in MT4

  • Analysis tools right in the terminal



  • Personal analyst

  • Ability to use eas

  • Risk-free trading

  • 10% refund for
    unsuccessful trades


How to trade:


Choose an asset and expiration time


Specify the investment amount


Choose the direction of the price movement (CALL — up, put — down)


Advantages of to trading binary options with grand capital


Three trading platforms


How it works


Binary options is a financial instrument used to make profit by predicting an asset's price movement (currencies, shares, commodities). In order to receive profit, a trader makes a prediction regarding the direction of the underlying asset's price movement. If the prediction is correct, the trader receives profit. If it is not, the trader takes losses. Traders can also close the trade early if they realize that the prediction is not correct. In this case, a part of the contract cost is refunded.


Purchase a CALL option if you think that the price of the chosen asset will be higher than at the moment of its expiration time.​



  • If your prediction is correct, you will receive profit.

  • If the price remains the same, you don't take losses and don't receive any profit.

  • If the current price is lower than the price at the moment the option was bought, you take losses.




How criminals steal money from your online bank account


How criminals steal money from your online bank account


Carte blanche recently reported that criminals stole hundreds of thousands from three nedbank clients whose accounts were compromised.


According to the report, criminal networks are behind these attacks, making use of a wide range of tools to get a person’s account details.


This is not the first time online banking fraud is making headlines. In 2013 and 2014 many south africans fell victim to internet banking fraud involving SIM swaps.


While the methods used to steal a person’s banking details may differ, the process followed by fraudsters to steal money from online banking users in south africa is nearly always the same:



  1. Get the person’s internet banking details, typically through a phishing attack.

  2. Get a banking account/s to which money can be transferred to and withdrawn.

  3. Clone the SIM card used by the person.

  4. Create beneficiaries (using the list of banking accounts) and transfer money to these beneficiaries.

  5. Withdraw the money from these accounts.



In each of these steps the criminals can exploit different weaknesses in the system to achieve their goal.


The infographic below provides an overview of how online banking fraud happens, and what users should do to stop their online banking details being compromised.


Internet banking and SIM swap fraud
Internet banking and SIM swap fraud
Phishing website and email
phishing website and email


Online banking safety tips


Sabric provided the following safety tips when using internet banking to ensure that criminals cannot steal your money.





So, let's see, what we have: here’s how you can legally take money out of a limited company while ensuring your obligations are met as a company director. At how to withdraw money from grand capital

Contents of the article




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.