Sep 26, 2016 - 09:38 AM
Bigger withdrawals are wired from Europe where your funds are kept safely in interest earning segregated accounts with the top investment banks. International bank wire transfers can take anything from 2 days to 5 working days depending on your bank and there has even been cases where it has taken 7 days although this is rare. 80% of wire transfers are in your bank account in less than 4 days and 17% are in within a week. The remaining 3% reflect in accounts in under 10 days.
We are always working with banks in partnership to speed up the deposit and withdrawal process. I am sure you understand that international transactions take longer than local ones. We put a lot of effort into insuring your funds are safe and European banks are just a lot safer than SA banks.
We have already sped things up a lot. You can now also do instant deposits with the credit card system and when I say instant I mean about 2 seconds from online transaction to the money being in your trading account.
Oct 02, 2016 - 08:50 AM