What are installments when I request a withdrawal?
Depending on the withdrawal method you choose, there may be a maximum amount that you can request or a maximum amount we can issue per installment. Checking the 'Withdrawal Details' once you've chosen a particular method will tell you all you need to know.
If your withdrawal request exceeds the maximum of a single installment it will be divided into pre-defined installment amounts (installments are portions of your withdrawal which are processed within a specified timeframe).
For example, if you requested a withdrawal via Check by Courier:
Maximum Withdrawal Amount: No Limit (you can request as much as is available to withdraw in your account)
Maximum Amount per Installment: $3,000
Installment Frequency: 1 per 7 days
Based on the details above, requesting a withdrawal of $6,000 dollars would equate to two installments of $3000 each, with the second installment issued 7 days after the first is processed.
NOTE: Withdrawal details will vary by method and are subject to change, be sure to check the withdrawal details each time you submit a request for the latest update.
RELATED TOPICS:
Did you find what you were looking for?