Hi all, it sounds illegal and not illegal, but I just want to be sure that it's doable :0
Here is the story, Say, I have two accounts in forex.com. one is tied with VISA (account A) and one with wired bank(account B). the two accounts can transfer money to each other. Withdrawing money back to VISA is capped by the maximum amount you deposit. So what if I deposit account A from VISA and transfer the money to account B (assuming there is no trading at this time) and withdraw from account B to the wired bank? will it be considered that I'm illegally taking money from credit card and affected my credit record or it's something definately forbidden? I'm confused, please advice. thanks
Here is the story, Say, I have two accounts in forex.com. one is tied with VISA (account A) and one with wired bank(account B). the two accounts can transfer money to each other. Withdrawing money back to VISA is capped by the maximum amount you deposit. So what if I deposit account A from VISA and transfer the money to account B (assuming there is no trading at this time) and withdraw from account B to the wired bank? will it be considered that I'm illegally taking money from credit card and affected my credit record or it's something definately forbidden? I'm confused, please advice. thanks