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Wednesday, January 9

How to withdraw money from COL Financial online?


In this tutorial, I will walk you through on how to withdraw money from COL Financial online. Just recently, COL announced the availability of online withdrawal. I tried this feature and I will share with you how to withdraw money from COL financial using the newly added feature -- online withdrawal. Two things you I will show you here. 1. To withdraw money from COL online instead of filling up hard copies of withdrawal form and send to COL. 2. Request to deposit the amount to your enrolled bank directly.

Without further delay, here's how:

Step 1. Log-in to your COL Financial account. 

Type the four-digit number, then your COL account number, then your password. Then click log in.

Step 2. In the Home Page, select the Trade tab and then click the Portfolio submenu.   

Step 3. In the Portfolio Page click the Withdrawal Request link. 

An "Important Reminder" window will pop-up. It is a reminder for you before proceeding with your withdrawal request to make sure that the details of your enrolled bank account are updated. After making sure of the details of enrolled bank account then click the "OK" button. 

Step 4. Read the "Terms & Conditions" of online withdrawal and then click the "Accept" button. 

Step 5. Fill the online withdrawal request form.


  1. Enter the amount you wanted to withdraw.
  2. Select "Yes" to deposit the intended amount to withdraw to your enrolled bank account. Another window will pop-up to let you confirm the enrolled bank account details. Click "Confirm" and then click the "Submit" button.
  3. Select "No" for Check pick-up. 
  4. Select "No" for Uncross Check.
  5. Select "No" for withdrawal through a Representative. It is obvious to select No as we intend to let COL deposit the money directly to your enrolled bank account.  

Step 6. After completing the five sub-steps in Step 5, click "Submit" button. 

After completing the above steps, you will be able to find the status of your withdrawal by clicking the withdrawal status links as shown below.

Note that the proceeds of the stock sale of the day -- withdrawal will be processed only after three trading days (t+3).

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