How do I withdraw money from Piggy?

How do I withdraw my savings? You need to have filled your bank details in your withdrawal settings then, click on the "withdraw" option on your dashboard, enter the amount you want to withdraw and your funds will be transferred to your set bank account within the stipulated time (not more than 3 working hours).

When can I withdraw from my Piggybank?

You can withdraw anytime you want, however to ensure there's discipline and you don't withdraw carelessly, withdrawing outside your withdrawal day attracts a 2.5% breaking fee on the amount you are withdrawing from your Piggybank™.

Can I withdraw from piggy SafeLock?

Where is the interest for my SafeLock paid into? All interests are paid to your Flex as soon as you lock funds. You can withdraw your interest from your Flex for free at any time or send back to your Piggybank wallet or Safelock to earn more interest.

How does piggy funds work?

PiggyVest is an automated micro-savings and micro-investment platform that allows users to automate savings towards a specified target. We also have an investment marketplace that makes investing simple so anyone can do it.

Is it good to keep money in piggy bank?

Piggy banks are also an important part of Chinese culture. In the Chinese zodiac, the pig is a symbol of wealth and prosperity, and giving a piggy bank is believed to bring good luck and fortune to the recipient.

How to Withdraw Money from Piggyvest

How much money can a piggy bank hold?

Storage capacity. On average, piggy banks store anywhere from 100 to 1,500 coins. Some include their actual storage capacities, namely high-tech and other modern designs. With that said, it's more of an estimate.

Can I withdraw all my money on PiggyBank?

The minimum amount you can withdraw from your Piggybank is N3000 and there is NO maximum. You can withdraw all of your funds whenever. However, fixed free withdrawal dates still apply. PS: You can ONLY withdraw once in 24hours.

Is PiggyVest approved by CBN?

PiggyVest is Legit and can be trusted, they are registered with the Federal Government of Nigeria and also operate as a Microfinance Bank which is endorsed by the Central Bank of Nigeria.

Which bank owns PiggyVest?

Piggyvest is also a registered cooperative- Piggytech Cooperative Multipurpose Society Limited (Registration number, 16555). All saved funds are now warehoused with and managed by AIICO Capital, the leading asset management company in Nigeria, registered and licensed by the Securities and Exchange Commission (SEC).

Did PiggyVest lose money?

“All Piggyvest user funds remain safe and secure as always. No user fund has experienced any loss of any kind, nor will they experience anything of the kind,” they said. The statement ended by assuring customers that their funds are safe.

Was PiggyVest hacked?

36m from Piggyvest customers' accounts, firm says it can't help.

How do I cancel piggy?

Can I withdraw anytime on PiggyVest?

The minimum amount you can withdraw from your Piggybank account is N3000 and there is NO maximum. You can withdraw all of your funds whenever. However, fixed free withdrawal dates still apply.

What are 3 ways to withdraw money?

How safe is PiggyVest?

PiggyVest uses the highest levels of Internet Security. To ensure that your information is completely protected from fraud, we use 256 bits SSL security encryption. Additionally, our payment processors are PCI-DSS compliant ensuring security of your data.

Can PiggyVest be used outside Nigeria?

Does piggybank work if one leaves the country? Or it's only accessible in Nigeria? It works anywhere in the world as long as you have an active Nigerian bank account and an active debit card.

Which country is PiggyVest?

About PiggyVest

It offers investment services, a safe lock, target savings, flex Naira, and other services. The company was founded in 2016 and is based in Lagos, Nigeria.

How old is PiggyVest?

PiggyVest is the first online “Savings & Investment” app in West Africa. We first launched as “Piggybank.ng” on the 7th of January 2016 as a savings-only platform.

Is piggybank registered with CBN?

We operate as an MFB regulated by the CBN and funds insured by the NDIC. Kindly see piggybank.ng/faq for more information. Discover expert insights on finance, loans, education, jobs, and business at PiggyBank - a multi-author blog that offers practical advice for your financial and professional life.

Who is the CEO of PiggyVest?

Odunayo has co-founded several startups, including PiggyVest—the first ever online app for personal savings and investment in West Africa—and, most recently, FirstCheck Africa, an angel fund for women entrepreneurs.

Is piggy bank same as PiggyVest?

Piggyvest (formerly piggybank.ng) is the leading online savings & investing platform in Nigeria.

What are the disadvantages of piggy bank?

Interest. Make money with an interest-accruing account. By keeping your cash in a piggy bank, you will not be making any interest. Even if the interest rate in a bank account is very low, you are still making money by keeping your money there as opposed to leaving it in a non-interest-accruing container.

How much is the minimum investment in Piggyvest?

With as little as ₦3000, you can invest and get up to 25% return on investments. Interest are paid monthly, quarterly or annually depending on investment.

Why is it called piggy bank?

Over time, money jars became known as “pygg pots.” Then, when the English language evolved to “pygg” being pronounced as “pig,” a play on words was born. In the 19th century, people began requesting that English potters make their money jars into pig shapes—and thus, the modern piggy bank was born.