How To Withdraw Your Money on Public Investing
0Withdrawing your money from Public Investing involves a few key steps and timing considerations to ensure that your funds are successfully moved from your investment account to your personal bank account or debit card. Public Investing, available at [https://public.com/](https://public.com/), is a brokerage platform that allows users to invest in stocks, ETFs, and other assets. When you're ready to withdraw, there are specific rules around settlement and eligibility to keep in mind.
First, you need to ensure that the funds you wish to withdraw are available as cash in your account. If your money is still tied up in investments, such as stocks or ETFs, you’ll need to sell them. Open the Public Investing app, go to your portfolio, and choose the asset you want to liquidate. Tap the ‘Trade’ button and select ‘Sell.’ You can either sell a specific number of shares or enter a dollar amount. Once you confirm the transaction, your sell order will be processed.
After selling your assets, the funds must go through a standard settlement period—typically two business days—before they are considered available for withdrawal. During this time, the transaction clears through the brokerage system and becomes finalized.
Once your funds are settled, you can access the withdrawal feature. From the Public Investing app home screen, go to your profile or account settings. Look for the ‘Transfer’ or ‘Withdraw Funds’ option. If you haven’t already linked your bank account or debit card, you'll be prompted to do so. Public supports linking external accounts through services like Plaid for secure bank verification.
Choose the amount you want to withdraw, review the transfer details, and confirm. Transfers to your bank account may take a few business days depending on your financial institution. There are also limits and restrictions on withdrawals for new deposits or bonuses, so be sure to check Public's terms before proceeding.
Timestamps:
0:00 Introduction
0:17 Logging into Public Investing
0:22 Selling your investments
0:48 Confirming your sell order
0:55 Settlement period explained
1:00 Withdrawing from available cash
1:10 Linking your bank or debit card
1:14 Confirming the withdrawal
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