View the entire Frequently Asked Questions (FAQs)

What is the withdrawal process?

You can place a withdrawal request on the QuietGrowth website, whenever you intend to withdraw your money. After you confirm your withdrawal request, you would need to send us the withdrawal form. Your signature is not required.

For your first withdrawal, you would also need to provide the details of your bank account and a copy of your ID document such as Drivers Licence or passport.

In order for us to be fully sure that the bank account details mentioned by you in the withdrawal form actually belongs to you, we need a page of your bank statement, dated within three months, that contains the following information:

  1. The name of the bank
  2. Your name in the bank account
  3. Your address in the bank account
  4. Bank account number
  5. BSB number (preferable to have this too)
  6. Few transactions

If you prefer, you may obscure the dollar values of all transactions in the bank statement with a felt-tipped pen or other means.

There is no need to provide your bank document for your subsequent withdrawals.

Then, within a reasonable period, we will execute the necessary sell trades in your brokerage account. It takes 1 business day for the money generated by divesting your holdings to be credited to your cash account. Thereafter, we will inform the brokerage firm to transfer the cash from your cash account to your bank account. The brokerage firm takes 1 to 2 business days to process the withdrawal request. After that, it usually takes 2 to 4 business days for the money to reach your bank account from your cash account.