You can withdraw any amount (minimum RM1.00) up to the total of your available balance displayed in your account. There are no charges for withdrawals and you can withdraw as many times as you like.
We would like to inform you that all withdrawal requests will be processed on the next working day from the day you requested. As the withdrawals are paid through GIRO, all processes will take 3 - 5 working days (exclude weekends & public holidays) to be credited in your bank account.
You can access the Withdrawal page by following these steps below:
Login to your Funding Societies account
Click on the Funding Societies logo
Click on the 5th circle which says Withdrawal
Your bank account where the withdrawal will be paid to is shown on the left hand column. In the right hand column, simply enter the withdrawal amount and submit the request.
If this is your first time performing a withdrawal request, kindly submit a copy of your bank statement which shows the bank logo, bank account number and name of the bank account owner in order for our Trustees to verify the bank account owner.
We process withdrawal requests every morning at 10am MYT, working with the independent licensed trustee that manages the escrow account where all investor funds are held.
Also do note that for overseas accounts, withdrawals are subjected to foreign exchange rate risks. Bank charges for overseas transfers apply.