Financial Policies

Refund & Withdrawal Policy

At Water Grove, we maintain transparent and structured financial policies for withdrawals and refunds. This document outlines our procedures, timelines, and important conditions.

"All withdrawals are processed manually by our admin team to ensure accuracy, security, and compliance."

Important Policy Notice

Please read this policy carefully. By investing with Water Grove, you agree to these withdrawal and refund terms. Capital is locked for 18 months from investment date.

Withdrawal Process Timeline

All withdrawals follow a structured 4-stage process with manual verification at each step

1
Request Submission
Submit withdrawal request via dashboard
Instant
User Action
2
Admin Review
Manual verification by admin team
24-48 Hours
Pending Approval
3
Approval & Processing
Request approved and queued for payment
24-48 Hours
Processing
4
Payment Execution
Funds transferred to your bank account
24-48 Hours
Completed

Total Processing Time

From request submission to funds in your account

24-48 Hours
Business Hours
Manual Processing Required

Withdrawal Limits & Fees

Limits and processing fees vary by investor category

Investor CategoryMin WithdrawalMax WithdrawalProcessing FeeFrequency
Starter Groove
₦10,000
₦200,000
₦500
Monthly
Growth Groove
₦25,000
₦500,000
₦1,000
Monthly
Premium Groove
₦50,000
₦1,000,000
₦2,000
Monthly
Elite Investor
₦100,000
₦2,000,000
₦5,000
Monthly
Executive Groove
₦250,000
₦5,000,000
₦10,000
Monthly
Special Conditions

18-Month Capital Lock

Investment capital cannot be withdrawn for first 18 months

ROI-Only Withdrawals

Only earned returns can be withdrawn during lock period

Manual Processing

All withdrawals require admin approval (24-48 hours)

Business Days

Processing occurs Monday-Friday, excluding holidays

Non-Refundable Scenarios
These situations do NOT qualify for refunds
Investment capital during lock-in period (18 months)
Processing fees for withdrawals and transactions
Returns on unsuccessful investment ventures
Funds invested in active projects
Administrative and management fees
Funds affected by market losses

Refund Eligibility

Eligible for Refund

Failed deposit transactions (with proof)
Duplicate payments (verified by admin)
Technical errors causing overcharges
Cancelled investments before activation
Fraudulent transactions (upon investigation)

Not Eligible for Refund

Investment losses due to market conditions
Change of mind after investment activation
Failure to meet expected returns
Processing fees and administrative charges
Funds in active investment projects
Refund Process
1
Submit refund request via support email with evidence
2
Admin investigation and verification (5-10 business days)
3
Approval decision and notification
4
Refund processing (additional 5-7 business days)
5
Funds returned to original payment method

Note: Refund requests must be submitted within 14 days of the transaction. All refunds are subject to a 10% administrative fee if approved.

Processing Times Summary

Standard Withdrawals24-48 Hours
Urgent Withdrawals*24-48 Hours
Refund Processing24-48 Hours

*Urgent withdrawals available for Premium+ tiers with 25% processing fee

Need Assistance?

Contact our financial operations team for withdrawal or refund inquiries

Email Support

support@watergrooveinvestment.com

For withdrawal requests and general inquiries

Phone Support

+234 803 502 6480

Monday - Friday, 9AM - 5PM WAT