You must be at least 18-years of age to withdraw your deposits. If you were under-18 years of age when your first deposit was made, you must complete our financial literacy quiz before you can withdraw (see below).
Normally, you may not withdraw a deposit until at least 12 months after it was made. After this 12-month period, you can withdraw your deposit during one of our regular withdrawal periods. There will be two every year.
The withdrawal portal and application form will be available during the withdrawal periods.
You must submit your application by 5pm on the closing day to be eligible to withdraw. For these withdrawals, a summary of our terms and conditions can be found in our General Withdrawals Policy.
Once we receive notice of a member's passing deposits will become payable to the member's Estate. If unclaimed after five years, Whai Rawa no longer holds the funds in your name.
If the deceased member did not have a valid will and letters of administration have not been applied for, complete the Intestate Declaration and Claim/Indemnity Form
Send certified copies of the relevant completed form and required documents to:
You need to complete our financial literacy quiz and score at least 75% (15/20 questions) before you can withdraw your deposits.
You will need access to a calculator to complete the quiz.
You may repeat the quiz as many times as needed.
Once you have completed the quiz with a passing score, you will have met our financial literacy requirement to withdraw.