Datman has undergone a major change in the withdrawal process for clients. Account holders will no longer have to do a manual request for withdrawals. Instead, Automated withdrawals will be done on a weekly basis and all the available balance in the Datman account will be sent to the account holder's bank account registered with Datman.
Below are few important things to keep in mind -
1. Withdrawals will happen only for the verified accounts on the Datman portal.
2. Amounts ranging from £100 to £25000 pounds will be paid and account holders will not have the option to do a partial withdrawal.
3. Account holders having more than £25000 pounds in their accounts will still need to follow the existing process of manual withdrawals.
4. Automated cutoff for the withdrawals would be 9 AM GMT, Mondays. i.e. Account balance till 9 AM will all be credited into the bank accounts on the following Tuesdays.