Wallets

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Wealth Migrate Wallet

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Wealth Migrate Wallet

Our platform is designed around a “Pre-funded” trading account, or “Wallet” model.  Simply put, you as an investor first transfer funds into your Wealth Migrate account, and then are able to use those funds to invest into deals instantly.   

This differs from a model where you choose your investment, and the amount you want to invest, and then are required to make the deposit for that investment.  Once you have made the deposit, you have to return to the site to upload your proof of deposit, and then wait for it to reflect in the account before we confirm your investment. 

The Pre-funded Wallet has significant advantages.  With funds already in your Wallet, your investment is processed immediately.  From the moment you decide to invest in a particular deal, it will take you a few seconds (ok, maybe a minute at the most) to select the amount, sign the investment documents, and confirm your investment.  Done. 

At all times we know exactly how much money has been raised for a particular deal, and are able to ensure that opportunities are allocated to clients immediately, without us having to wait and see whose money lands first in the account, or return money if the amount raised is higher than what is available. 

TECH UPDATE: Please note that in the second quarter of 2019 we will be temporarily disabling wallets on our system for a few months while we switch wallet providers.  We are committed to providing a global wallet system that can be used for all deals on our Platform, irrespective of the deal location or which Sponsor has brought us a deal.  In the short term Wealth Migrate will be using escrow accounts to accept investor funds for deals, and will be returning investors dividends directly to your bank accounts. 

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How do I withdraw funds from my wallet?

Wallets /

How do I withdraw funds from my wallet?

To withdraw your money from your wallet, please follow the steps as explained in detail below:

  1. Log into your profile on the Wealth Migrate platform and make sure you are viewing the correct entity bearing in mind that you may have more than one KYC Approved entity on the platform. Each of your entities will have its own profile and wallet.  You can make sure you are viewing the platform as the right entity by checking the entity type and the name of the entity in the top right corner of the screen.
  2. Click on the wallet icon in the sidebar navigation on the left-hand side of the screen. This will redirect you to the wallet page.
  3. Click on the Withdraw Funds button in the upper right corner of the page just below the profile icon.  An additional screen will then slide out from the right displaying your current Available Wallet Balance.
  4. Enter the amount you would like to withdraw. Keep in mind that you will not be able to withdraw funds that have already been reserved for an investment.
  5. Next, you will be required to review and confirm your bank account details to ensure that the funds are transferred to the correct bank account. Click on the two tick boxes to confirm that your details are correct and that you give Wealth Migrate authorization to initiate the withdrawal on your behalf. Should your bank account details no longer be the same as the details displayed on the screen, you need to exit the withdrawal process by clicking the link provided.  You will then be required to update your bank account details under Stage 4 of your profile.  Your account will then be resubmitted for KYC verification and once KYC approved you will be able to start the withdrawal process again, following steps 1–5 as detailed above.
  6. Click on Continue to finalise your withdrawal request.

When successful, a success screen confirming your withdrawal request submission will appear. 

The withdrawal process usually takes between2-5 working days to complete. During that time, you will not be able to use the funds you have requested to withdraw for any investments. Once the process has been completed, you will receive a confirmation email.

Please note that there are no fees associated with the withdrawal of funds other than banking fees and/or charges from the bank receiving your funds.

For any withdrawal, related queries or assistance kindly contact our support team via email at info@wealthmigrate.com.

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How do I deposit funds into my wallet?

Wallets /

How do I deposit funds into my wallet?

Before making a deposit via EFT, you will first need to be KYC Approved on our platform. Follow the steps below to get started:

  1. You will need to set up your profile and submit your information and documents for KYC verification. 
  2. Once KYC Approved, ensure that you are viewing the platform as the right entity by checking the entity type and the name of the entity in the top right corner of the screen. Remember, you may have several KYC Approved entities, including one personal entity, each with their own portfolio and wallet sections.  
  3. Click on the wallet icon in the sidebar navigation. This will take you to the wallet page. 
  4. Locate and click on the Deposit Funds button situated in the upper right corner of the page just below the profile icon. A screen will slide out from the right. 
  5. Use the reference number and the banking details displayed on this screen to deposit funds. You can only pay from a bank account in your entity’s name.
  6. Click on Done.  

Ensure your unique reference number is 100% correct before you make a deposit from your bank account as we will not be able to allocate your deposit to your entity’s wallet unless the reference number is present on the statement. We recommend that you create a beneficiary on your banking profile for future deposits.

Depending on your bank, it may take up to 5 business days for your funds to be available in your Wealth Migrate wallet to invest in one of the opportunities on our marketplace. Bank deposits are not processed on weekends or public holidays. 

For any deposit related queries, contact our support team at info@wealthmigrate.com.

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