How can I learn about the wiring instructions on Lilypads?
Head over to your Funding Accounts page. There, click on the Wire instructions button to read specific instructions about our general wire requirements.
Can I send a cross-border wire?
Yes, you can send international wires by paying a certain fee that is specific to the bank. Therefore, when you send wires, we receive a less amount as your investment fee due to such bank fees. Hence, you can contact your bank to determine the exact fee charges to prevent having your investment amount lowered.
How long does it usually take for a wire to arrive?
Typically, domestic wires require 1 to 2 business days to arrive while international wires may require up to 7 business days.
Does Lilypads charge any fees for wire transfer?
Lilypads does not charge any fee for wire transactions. Although your bank may charge a certain fee for international transfers that involves an intermediary bank. Please contact your bank for more details.
This help page and the information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment or other advice of any kind, and shall not constitute or imply any offer to purchase, sell or hold any security or to enter into or engage in any type of transaction.
Investing in venture capital funds is inherently risky and illiquid. It involves a high degree of risk and is suitable only for sophisticated and qualified investors.