We process all withdrawals within 24 hours (Mon-Fri 9:00 am to 6:00 pm GMT+10) on a business day. The funds will reflect in your account depending on your bank.
Method | Minimum Withdrawal |
Maximum Withdrawal |
Processing Time | Fees | |
---|---|---|---|---|---|
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Commonwealth Bank | $50 | $250,000 | 3 to 7 business days | $0 |
Important Note:
If your account has open trades upon submission of the withdrawal request, the free margin must at least be equal to or greater than 150% after the amount has been deducted.
Free Margin Calculation = (Equity/Margin) x 100
Withdrawal Considerations
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- The bank account must match your Blueberry account name.
- Due to AML/CTF policies, we may require additional documentation if your bank account is outside of Australia. International bank wire usually attracts a fee of approximately USD $25.00, which is imposed by and dependent on banking intermediaries; such fees are the responsibility of the client.
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If your bank account currency differs from your trading account, we will process the currency conversion, and there may be a flat 1% fee to help subsidise the cost. Conversion of funds at the onset helps increase the likelihood of a successful transfer, as some banks may refuse to convert the funds and reject the transfer.