Getting your money out of your Robo portfolio is just as easy as putting it in. There are zero lock-in periods, so whether you want to skim a little off the top or cash out completely, the control is entirely in your hands.
How to withdraw your funds in 3 steps:
- Open the app and tap on your portfolio. Scroll down until you found option to Deposit or Withdraw Funds.
- Select Withdraw and enter your desired amount.
- Confirm the transaction using the OTP sent to your phone. Done!
How long does it take?
Typically, your cash will hit your bank account within a few business days, though in some cases, it can take up to eight. (Note: Business days exclude weekends and public holidays).
Why isn't it instant?
Your money isn't just sitting in a vault—it is actively invested in the market! To get your cash, we have to sell your underlying investments (like ETFs, sukuk, or gold). Those trades take a little time to clear and settle before the hard cash can be wired to your local bank.
💡 Pro-Tip to avoid delays: The number one reason a withdrawal gets genuinely stuck? Outdated or incorrect bank details. So double-check your banking info before you hit confirm to ensure a smooth transfer!