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How can I withdraw money from my account?
How can I withdraw money from my account?
Updated over 8 months ago

At the moment, you can withdraw money from your Vest investment account via international (wire) transfer or via Pix (for residents of Brazil).

How to withdraw money from your account at Vest via international (wire) transfer:

  1. Go to the "Portfolio" tab on the Vest app

  2. Tap on "$ Manage funds"

  3. Tap on "Withdrawal"

  4. Select "To a US account" or "To an international account"

  5. Enter how much you wish to withdraw, check the dollar amount to be received, and tap on "Continue"

  6. Fill in the receiving account's information and tap on "Continue"

  7. Confirm all the withdrawal information, including your receiving bank account information to avoid transfer problems, and tap on "Confirm withdrawal".

Important:

  • Withdrawals will only be made to accounts of the same ownership, i.e. accounts in your name

  • Withdrawals to US and international accounts generally take up to 3 business days to arrive

  • The withdrawal fee to a US account is $25. Withdrawing to an international account incurs a fee of $35. Please note that the withdrawal fees we charge are simply the costs we incur with DriveWealth, our partner which performs the withdrawal transactions

  • If you are still unable to see your available balance for withdrawal, it may be because you have recently sold shares and the trades have not yet settled. The settlement time for the sale of shares is usually 2 business days

  • DriveWealth is a US brokerage firm and our partner that facilitates the custody of Vest customer accounts in the US.

How to withdraw money from your account at Vest via Pix:

  1. Go to the "Portfolio" tab on the Vest app

  2. Tap on "$ Manage funds"

  3. Tap on "Withdrawal"

  4. Select "To a Brazilian account"

  5. Enter how much USD you wish to withdraw, check the amount in Brazilian reais to be received, and tap on "Continue"

  6. Select your bank account or click "Add an account" to fill in your bank account information

  7. Confirm all the withdrawal information, including your receiving bank account information to avoid transfer problems, and tap on "Confirm withdrawal".

Important:

  • The amount withdrawn will be converted from US dollars to Brazilian reais and transferred to your bank account within 3 business days

  • Withdrawals can only be made to a personal account ("pessoa física") of the same owner, i.e. accounts in your name and with your CPF

  • If you are still unable to see your available balance for withdrawal, it may be because you have recently sold shares and the trades have not yet settled. The settlement time for the sale of shares is usually 2 business days.


Securities trading is offered through Northbound Securities LLC, an affiliate of Vest Inc,

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