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When you contribute funds to your EasyEquities wallets, we lock-up those funds for a period of time depending on the type of deposit you made. This protects you and the business from bad actors. The time periods for how long different deposit types are locked up for are below:
- EFT deposit - 5 days
- Instant EFT deposit – 5 days
- Debit order deposit - 40 days
- Gift vouchers – 14 days
- Promotional vouchers - 3 years (not applicable to vouchers you purchase and send on EasyEquities)
These rules regarding withdrawable funds are contained in our EasyEquities Terms & Conditions.
It is important to note that some of these protections are put in place to protect the health and longevity of the business and as importantly with that, our clients and their holdings. If we allow ourselves to be defrauded due to sub-par business practices, the effects on you, our client, could require unnecessary changes like increased costs, less variety of choice/functionality and an altogether less Easy experience.