The terms will depend on your type of portfolio and funding method
From the moment that your deposit or transfer request arrives until we send the purchase orders, it can take between 24 and 48 working hours. Once the orders are sent, the time it may take until you see your positions in your inbestMe portfolio depends on the type of portfolio and operative you chose. The estimated times are:
Deposit cash
- Indexed Funds and Pension Plans: the estimated time from sending orders to settlement is approximately 5 – 7 working days. See note*
- ETF: the estimated time from sending orders to settlement is approximately 2 – 5 working days. See note*
Deposit through transfers from another identity
- Index Funds transfers: the estimated time from sending orders to settlement is approximately 10 – 12 working days.
- Pension Plans transfers: the estimated time from sending orders to settlement is approximately 15 working days. See note**
* In the portfolio, there will always be between 0.5% and 1% in cash, that inbestMe will use to discount the management and depository commissions that will be produced. You have to consider that if you have received a promotional bonus, it will remain in cash until the period stipulated in the promotion rules ends.
** Although the regulations establish maximum deadlines for the originator and destination manager, in practice, the process of transferring pension plans usually takes around three weeks if they are individual plans. The estimated time for employment plan transfers is often longer. This is related to the usual operation between pension plan managers, that escapes the dynamics of inbestMe.