Deposits & withdrawals
Read more about how you can deposit or withdraw money from your Wealthyhood account.You can fund your Wealthyhood account using several convenient methods through our platform and app:
- Bank Transfer: Securely transfer funds directly from your bank using a SEPA transfer. We will provide you with the specific IBAN and payment details needed to complete the transaction.
- Card Payment: Use your Visa or Mastercard debit card for instant funding.
- Mobile Wallets: We fully support both Apple Pay and Google Pay for quick and secure deposits.
Deposits with SEPA Instant bank transfers, card payments, Apple Pay and Google Pay usually arrive in seconds. Regular SEPA transfers may take up 2 business days to show up in your account.
Please remember that any payment method you use must be in your own name. We are unable to process deposits from third-party accounts or cards.
Wealthyhood does not charge any fees for depositing or withdrawing money via bank transfer. When depositing money using a card, Apple Pay or Google Pay, a free allowance of €2,500 applies to your account. Once this allowance has been reached, a processing fee of 0.75% will be charged for each subsequent deposit to cover transaction and processing costs.
Both your remaining free allowance and the specific charge for your intended deposit will be clearly displayed in the app and platform before you proceed. Please also keep in mind that while we don’t charge for bank transfers, your bank or payment institution may impose its own fees and charges.
You can withdraw your available cash at any time to a verified bank account held in your name. Please note that we do not support withdrawals to payment cards, even if you used a card to fund your account originally. To keep your account secure, we may occasionally ask for additional documentation to verify your bank details before releasing the funds.
It may take up to 2 business days for your withdrawal to arrive, however, we aim to process most withdrawals earlier.
No. To comply with strict anti-money laundering regulations, when depositing or withdrawing money, you are required to use only bank accounts and payment methods that belong to you personally. Using a third-party account may result in the transaction being rejected.