Deposit, Transfer and Withdrawal Policy
Customers need to deposit cash in their accounts to trade in any opportunity of investment that may produce profits. The customers can withdraw profits from their account online.
There should be some legitimate source to deposit to Private Holdings (such as a bank, credit/debit card or payment system). Client needs to provide us bank account/credit card ownership proof or confirmation to prevent getting payments from third parties. For instance, if a client wishes to deposit money using his/her card, he/she should provide us with a photo or scanned copy of the card (you can read more about our AML and verification policy). If a client fails to comply with our policy, we have the right to reject the deposit. Kindly note that the client with Private Holdings can receive the deposited amount different from the actual amount sent due to commission. Our company does not charge any commission for the deposit, but your bank or payment system may charge it. You can read more about the commission on withdrawal/deposits here.
According to the generally accepted rules and regulations of AML, the client is allowed to withdraw cash funds through that credit/debit card or bank or payment system only through which he/she deposited the funds and should be in the same currency. Moreover, when the client withdraws or deposits money for the purpose of trading, he/she should know that additional restrictions and fees may be applicable. Without preceding detracting, Private Holdings may carry out withdrawals to some other facility than the one client used for depositing funds subject to the laws of Anti-Money Laundering. We may need additional information along with some other documents from the client during the process of withdrawal.
Our Withdrawing Process
Follow the specified rules and steps to withdraw your funds from Private Holdings:
• Log in to your account with us.
• Open the tab of internal transfer and withdraw the desired funds from your trading account to your Money Box.
• After you are done with internal transfer processing, you can request MoneyBox withdrawal to your bank, payment system or card.
• Open the tab of withdrawing funds and fill in all the required fields. If we need additional documents, we get in touch with you in one business day.
When we have two or more than two active details, you can carry out your withdrawal on any selected details equivalent to deposits. It is only possible to withdraw funds to your bank account if a deposit of funds has been made via bank account. We do not charge commission. It is only based on the bank account of the beneficiary.
We complete the withdrawal process within five working days from the time we accept your withdrawal request.
Private Holdings follow the international laws about combating money laundering and financing terrorists. We do not accept any payments through third parties, and we do not carry out any third parties withdrawals or transactions. Private Holdings has no liability for any delays due to third parties not directly associated with our company. Under normal circumstances, the bank transfers take about 3 to 5 working days. The Private Holdings processes the withdrawal via China Union Pay, Master cards and Visa cards in 1 to 2 business days. But kindly note that payment processing can take up to six business days from the time of withdrawal request acceptance by us from the client.