“We are excited to be the first in the market to offer this option to all customers to allow their rands to move much quicker between VALR and their bank accounts. It normally takes up to two days for rands to be settled between banks but with the Fast Withdrawal option it can now be done in a matter of minutes or hours.”
“We have seen a large number of customers use this option. Even before we formally announced it many customers saw the option on the platform and began using it. We are always delighted to bring out features that customers find useful.”
The new service further positions VALR above other exchanges in South Africa and across Africa.