SAFETY OF FUNDS DISCLOSURE:

In light of an increase in concern over the security of funds in
the Forex Industry, Interbank FX believes it is appropriate to
explain its policy on this regard. Interbank FX is a member of
the National Futures Association (NFA) in good standing and
undergoes regular audits by the NFA, the CFTC (Commodity
Futures Trading Commission) and independent auditing firms.
Furthermore, Interbank FX provides a valuable service granting
clients direct access to the interbank market without taking on
currency risks in the process. We do not hold our customers
trades or trade against our customers. In addition to this
practice, operational funds are kept completely separate from
clients funds. When you send you funds to be traded, you send
them directly to an account titled the Interbank FX  Customer
Funds Account that Interbank FX has set up specifically for
clients at Bank of the West for this reason. Funds never come to
an Interbank FX company account for your protection.

Interbank FX employs Bank of the West which is the largest
Californian bank of its kind and it is fully owned by BNP Paribas,
one of the largest banks both in Europe and the world. In
keeping with common practice among NFA registered
institutions, Interbank FX does not insure client funds. The
company does, however, strive to maintain an excellent
reputation among clients for transparency, integrity and investor
assistance. The NFA prevents FCMs such as Interbank FX from
making representations that forex funds deposited are
segregated or given special protection under the bankruptcy
laws  see Retail Forex Transactions  A Regulatory Guide 11/03
