Discovery invest withdrawal request form 2025

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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You can withdraw money from your Money Market Account in the following ways: Online transfer to an external bank account or another Discover bank account. Online bill pay.
To withdraw cash from the point of sale at a local retailer (Pick n Pay, Checkers and Shoprite outlets, and selected Spar stores) go to any till with your physical Discovery Bank card and tell the cashier you want to withdraw cash from your Discovery Bank account.
Contact us If you would like more information, please contact your financial adviser or call us on 0860 67 57 77. You can also email us at investsupport@discovery.co.za. Thank you for investing with Discovery as we continue to enhance our offering and make your money work harder for you.
You need to have your physical Discovery Bank card with you. To withdraw from your transaction account using a Discovery Bank credit card, please visit a VISA-accepting ATM and select the current/cheque account option.
NCRCP3555. Product rules, terms and conditions apply. As a rule, you cannot withdraw from a retirement annuity. However, you can withdraw from your retirement annuity fund before your retirement date if you are emigrating permanently to another country, or if your member share is less than R15 000.
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People also ask

Any withdrawal in the first five years may not exceed the contributions accumulated at 5% per year compound interest. After five years, you may make withdrawals from your investment as required.
How can I withdraw money? No-fee cash withdrawals at over 60,000 Allpoint and MoneyPass ATMs. Use online and mobile ATM Locators to find a no-fee ATM near you. Use your debit card at 415,000 ATMs nationwide, anywhere you see the Discover, Diners Club International or PULSE symbols.

discovery withdrawal form