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What is the withdrawal process?

You can place a withdrawal request in QuietGrowth website, whenever you intend to withdraw your money.

After you confirm your withdrawal request, you would need to provide the signed withdrawal form.

For your first withdrawal, you would also need to provide the details of your bank account. To ensure that the bank account details mentioned by you actually belongs to you, we need a photo or screenshot of portion of your bank statement or portion of the online bank webpage that contains the following information:

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

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

(Note that if a document containing your signature is not in our records, then we might also ask for a document containing your signature, so that we can match your signature in your signed withdrawal form with the signature in that document.)

Then, within a reasonable period, we will execute the necessary sell trades in your brokerage account, so that the money generated by divesting your holdings is credited to your cash account linked to your QuietGrowth account. After that, it usually takes about 2 to 5 business days for the money to reach your bank account from your cash account.