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BRIC Income & Withdrawal Process
Your BRIC income is distributed daily, and it will be displayed on your dashboard along with the withdrawal eligibility.
Follow the instructions below to withdraw: Account -> Portfolio -> Withdraw
You can withdraw your BRIC income to your bank account from the Likwid Asset platform when you have fulfilled these 4 requirements:
• Complete KYC
• Sign the Investor Agreement
• Have a verified bank account detail (Go to Account > My Profile > Bank Details)
• Your returns reach the minimum threshold of USD 10
You can view your returns in the user dashboard.
As of now, we are using the local bank's conversion rate upon converting your USD returns to MYR.
The 1st day of income distribution is per asset basis and is available on the asset page.
There are two conditions on when will the income is distributed: after BRICs are sold out OR after the BRIC is purchased.
We have 2 cut-off dates to process all withdrawal requests:
- 1.15th: All withdrawal requests made from the 1st – 14th of the month will be processed on the 15th of every month. You will receive your BRIC income within the same business day.
- 2.30th: All withdrawal requests made from 15th – 29th of the month will be processed on the 30th and you will receive your BRIC income within the same business day.
However, if the 15th or 30th of the month falls under any public holiday or weekend, your request will be processed on the next working day.