Passive Income Withdrawal

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What is Passive Income?
Passive Income is the income which you earn at a *fixed percentage pay-out per month for 7 months, based on the Asset Lease Agreement that you have agreed u...
Fri, 4 Jan, 2019 at 6:06 PM
What are the withdrawal options for Passive Income?
Withdrawals are only available in USD.  To withdraw, log on to your NT+ BackOffice via www.newtycoonplus.com then select 'My Wallet'.  If you w...
Sun, 11 Aug, 2019 at 12:25 AM
What is the minimum & maximum withdrawal amount for Passive Income?
The minimum withdrawal amount is USD 1,000.  There is no restriction on the maximum amount to withdraw as long as the minimum amount is fulfilled.  Memb...
Sun, 11 Aug, 2019 at 12:27 AM
When will I receive the withdrawn amount on my bank account?
Withdrawals are processed every Friday with the cut off time at 10 am (GMT+8).  After attending to the request on the processing day, depending on the vol...
Sun, 11 Aug, 2019 at 12:28 AM
What are the fees involved for Passive Income withdrawals?
All Passive Income withdrawals are subjected to a 2.5% handling fee for each cash-out initiation. Other bank charges may apply depending on individual ban...
Sun, 11 Aug, 2019 at 12:31 AM
What is the Telegraphic Transfer (TT)?
Telegraphic Transfer (TT) is one of the mode to transfer funds between financial institutions. It is frequently referred to as the 'wire transfer'...
Sun, 11 Aug, 2019 at 12:36 AM
How do I set up my bank details for the Telegraphic Transfer?
Before initiating withdrawals, you'll need to set up your bank details.  To do so, log on to your NT+ BackOffice via www.newtycoonplus.com At the...
Sun, 11 Aug, 2019 at 12:58 AM