How to withdraw cleared funds?
- Log into your account using FirstMetroSec MY or PRO.
- Go to ACCOUNT, then click Withdrawal Request.
- Enter an amount.
- Enter your password, then click NEXT.
- Go to View Withdrawal Request to see the status of your request
Trading Day Cut-Off: 10:30AM
USD withdrawal Cut-off: 10:00AM
SETTLEMENT BANK |
CREDITING SCHEDULE |
METROBANK |
On or before 5PM Same Day |
OTHER BANKS |
1 - 5 Trading Days |
- Withdrawals will be credited to your nominated settlement bank account.
- Only cleared cash can be withdrawn.
- Sell proceeds shall be made available for withdrawal after two (2) trading days.
- Bank transfer fees, if any, shall be for the client’s account.
- USD withdrawals shall be processed through a nominated dollar account
- For other bank depositors (except Metrobank and BDO) USD withdrawal proceeds are subject to $10 bank transfer fee and shall be for the client’s account.
- For PHP conversion, please allow 2-3 business days processing. Check indicative foreign exchange rates here.
- Withdrawal requests received past cut-off time shall be processed on the next trading day.
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PHP 50.00 withdrawal fee per transaction for settlement accounts outside MBT, BDO, BPI, and UBP.