Fund a single account

To fund a single Vitesse account, make a bank transfer from your business bank account using the settlement details shown in MAS.

Locate the Settlement Details

1. Log in to MAS.

2. Select Accounts.

3. Select the relevant account.

4. On the Properties tab, locate Settlement Details.

   

   This section contains the information you need to make the bank transfer:

   • Account Name identifies whether you are funding an omnibus or direct account. If the account name is Vitesse PSP Ltd, you are funding an omnibus account. Otherwise, you are funding a direct account.

   • IBAN and Swift are the bank details you need to make the bank transfer. Note that they may also be a Sort code and Account number.
   • Funding Reference, also called the UI Code, is the reference you must include at the beginning of the bank transfer's payment reference.

Instruct your bank transfer

1. Use the Settlement Details to instruct the bank transfer.
2. Create the payment reference as follows:
   • Begin with the Funding Reference.
   • Add a space.
   • Add the payment reference of your choice.
     For example: AB9 BINDER XYZ123, where AB9 is the Funding Reference and BINDER XYZ123 is your payment reference.

     💡

     Banks may truncate payment references. We recommend you limit the payment reference to 18 characters.

What happens next?

If you fund a direct account, the funds go straight to that account, subject to your bank's processing times.

If you fund an omnibus account, Vitesse allocates the payment to your account using the Funding Reference in your payment reference. No further action is needed on your part.

Missing funds

If you cannot see expected funds, contact Support.