Has anyone who has made withdrawls the 'proper way' (submission made before the 11AM cut-off time on a working day) experience delays in receiving the funds?
happened to me once. but not since, and not this week also
QUOTE(Medufsaid @ Dec 24 2024, 10:44 AM)
looks like they say is normal
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Greetings from Kenanga Digital Investing (KDI). Thank you very much for your enquiry.
Below is the expected timeline for withdrawals:
For withdrawals from KDI Save, it will take up to 1 to 2 working days from the time of request for the funds to be transferred to your bank account.
you withdraw on Apr 2nd morning before 11am. don't try to withdraw on Apr 1, you'll lose interest
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I believe yes lose 3 days worth of interest.
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Yeah buta lost 3days Should have waited to withdraw on Monday morning Bankers always waited for such action Else how to make money? Play the game you must know the rules Slightly lesser ,EIR Around 3.94%
will KDI save ever implement instant withdrawals / transfer in the near future ?
chocolate finance in sg tried to do something similar. fixed-income funds but some spare cash available for instant withdrawal (S$20k max per day)... had a mini-bank run
I've withdrawn on a Friday before, manage to get it by Friday night itself. it's works probably 99.5% of the time. hence this statement is actually 99.5% wrong 👇
QUOTE(Billy.Who @ May 3 2025, 01:16 AM)
I recall its already been established that making withdrawls on a Friday is not optimal since it won't be processed until the next working day which would be Monday
The main issue here is, it's the 0.5% anomaly that makes it dangerous if you really need the cash urgently
This post has been edited by Medufsaid: May 3 2025, 12:12 PM
Dec 24 2024, 10:44 AM
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