I’ve a question about the withdrawal process. As my old card is due to expire this June 2020, i understand that I’ll not be able withdraw funds into the old card after June.
I’ve been informed by my bank that I’ll be receiving a new card which will have the same card number as the old one, but with a new expiry date and a different security number.
So, if the new card is of the same card number as the old one, do I still proceed to make withdrawal using the default method, or do I have to inform the Trading212 team of the new card’s expiry date before I can proceed with a new process of withdrawal?
Anybody who had experienced this issue before and have a solution please help a brother out. Thank you!
Does this mean that even though the new card has a different security number and different expiry date, I do not have to update it in the system and I’ll still be able to receieve funds through it?
Yes, since the new card is associated with the same bank account, then no further action is required on your end - the funds will be received as usual.
On the other hand, upon your next deposit, you’ll have to put the new expiration and CVV.
