It's important to note that transfers between accounts will take time as funds need to be processed from one account to another which may imply movement from one broker to another. Moreover, if the funds are invested, they must be liquidated then transferred over.
We are working diligently on improving these timelines:
From | To | Overall timeline |
Sarwa Invest* | Sarwa Invest/Save | 2-3 business days |
Sarwa Invest* | Sarwa Trade | 4-5 business days |
Sarwa Trade | Sarwa Invest/Save | 3 business days |
Sarwa Save** | Sarwa Invest/Save | 3-5 business days |
Sarwa Save** | Sarwa Trade | 4-5 business days |
*Halal Invest accounts require a longer time due to longer processing times. Transfers from Invest Halal accounts to Invest/Save/Trade will require up to 7 business days to be completed.
** Save+ and Save Halal accounts require a longer processing time due to liquidation of the money-market funds. Transfers from Save Halal accounts to Invest/Save/Trade will require up to 5 business days to be completed.
Business days refer to Mondays-Fridays, excluding public holidays.