Wire Funds

Important Notice About Wires

The US Federal "Patriot Act" requires that all wires received by us contain specific information stating that the wire originated from a bank account in the same name as that of your trading account with us. We cannot accept funds from third parties for your account. Funds MUST originate from a bank account with the identical name as your account with us. Examples of third party wires include:

  • sending funds from another individual or company,
  • sending funds from your business bank account to your personal trading account (and vice versa),
  • sending funds from your trust to your personal account (and vice versa).

The only exception to this rule is if we receive funds from a securities or futures broker from an account in your name. Please ensure that you instruct your bank to only send funds from the appropriate bank account and not a third party account.

United States Dollar (USD), From Bank Located In the U.S.:

Bank of America, New York
ABA Routing Number: 026009593
100 33rd Street West
New York, NY 10001
Bank Tel: (800) 294-7999

Credit: Clear Chicago Group Customer Segregated Account
Account Number: 5860 1297 0558

*** PLEASE INCLUDE ***
For Further Credit to:
Clear Chicago Group Account #: ___________________
Clear Chicago Group Account Holder: ___________________

Your Clear Chicago Group account number must be included on your incoming wire details to avoid the possibility of your funds being held until further proof is provided as to which CCG account the funds should be credited to.

United States Dollar (USD), From Bank Outside of the U.S.:

Bank of America, New York
SWIFT Code: BOFAUS3N 100 33rd Street West
New York, NY 10001
Bank Tel: (800) 294-7999

Credit: Clear Chicago Group Customer Segregated Account
Account Number: 5860 1297 0558

*** PLEASE INCLUDE ***
For Further Credit to:
Clear Chicago Group Account #: ___________________
Clear Chicago Group Account Holder: ___________________

Your Clear Chicago Group account number must be included on your incoming wire details to avoid the possibility of your funds being held until further proof is provided as to which CCG account the funds should be credited to.

Euro (EUR):

* See Note Added Below Regarding Incoming Euro Wires

 

Intermediary Bank Name: Bank of America NA London

Intermediary Bank Swift Code: BOFAGB22

Intermediary Bank Sort Code: 16-50-50

Beneficiary Bank Name: Bank of America

Beneficiary Bank Swift Code: BOFAUS6SFCD

Beneficiary Bank ABA Number: 026009593

IBAN Number: GB89BOFA16505095687029

Beneficiary Name: Clear Chicago Group Non-Segregated/Customer Secured Account

Beneficiary Account Number: 0058 6515 8147

*** PLEASE INCLUDE ***
For Further Credit to:
Clear Chicago Group Account #: ___________________
Clear Chicago Group Account Holder: ___________________

Your Clear Chicago Group account number must be included on your incoming wire details to avoid the possibility of your funds being held until further proof is provided as to which CCG account the funds should be credited to.

 

Pound Sterling (GBP):

* See Note Added Below Regarding Incoming GBP Wires

 

Intermediary Bank Name: Bank of America NA London

Intermediary Bank Swift Code: BOFAGB22

Intermediary Bank Sort Code: 16-50-50

Beneficiary Bank Name: Bank of America

Beneficiary Bank Swift Code: BOFAUS6SFCD

Beneficiary Bank ABA Number: 026009593

IBAN Number: GB89BOFA16505095687029

Beneficiary Name: Clear Chicago Group Non-Segregated/Customer Secured Account

Beneficiary Account Number: 0058 6515 8147

 

*** PLEASE INCLUDE ***
For Further Credit to:
Clear Chicago Group Account #: ___________________
Clear Chicago Group Account Holder: ___________________

Your Clear Chicago Group account number must be included on your incoming wire details to avoid the possibility of your funds being held until further proof is provided as to which CCG account the funds should be credited to.

 

NOTICE TO OUR FOREIGN CUSTOMERS REGARDING INCOMING EURO AND GBP WIRES:

The National Futures Association (NFA) recently implemented enhanced customer protection rules which, among other things, updated the financial reporting requirements for all FCMs (Futures Commission Merchants) holding customer segregated funds and customer secured funds.   As an NFA member and an FCM, Clear Chicago Group has been working to address the requirements of these recent changes; however, due to certain technical limitations beyond our control which impact these reporting requirements, effective immediately, Clear Chicago Group will no longer hold foreign currencies in its U.S. domiciled bank account and instead will convert all incoming wires of foreign currency to U.S. dollars. 

This change will NOT affect the trading of products on foreign exchanges and outgoing wires may be requested in either Euro or British pound currencies.  However, until all issues relating to this reporting are fully addressed, Clear Chicago Group must hold all customer funds in U.S. dollars.

To help accommodate our foreign customers, and until further notice, Clear Chicago Group will suspend all currency conversion charges for incoming wires of foreign currency.

We regret any inconvenience this may cause as we work to find and implement a permanent solution to meet the requirements of these new rules.  Please feel free to contact Operations@clearchicagogroup.com with any questions.