You may withdraw money from your brokerage account into your bank account. To do so please follow the steps:
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Step 1. Log into the Winvesta App
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Step 2. Click on Profile.
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Step 3. Click on Transfer/ Withdraw
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Step 4. Once you click on "Withdraw" please enter the amount to withdraw and the reason for withdrawal, and click on Continue.
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Step 5. You will get the option to link your Bank Account, once the bank account is linked and you have initiated the transfer, the amount should get credited to your account within 2-5 Working days.
Withdrawal fees:
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- $10 for US bank accounts
- $35 for International accounts
Account Withdrawal Restriction Policy
Please note that after making a deposit, you may only withdraw funds to a different bank account after 60 days. Until this period is complete, withdrawals must be made to the same bank account used for the initial deposit. If you initiate a withdrawal with a different account during this period, the withdrawal will be cancelled.
Example
If a client deposits funds from their HDFC bank account on 1st January 2024, they must withdraw them to HDFC until 1st March 2024. After 1st March 2024, the client can withdraw funds to a different bank account.