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FAQ

FAQ 2017-10-04T13:25:01+00:00
Who can invest on NEKSTER investing platform? 2017-10-18T10:45:47+00:00

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In order to invest on NEKSTER an individual investor must be at least 18 years old and have a bank account in the European Union. In addition, investors can choose to invest via a legal entity.

How to become a NEKSTER investor? 2017-10-18T10:47:48+00:00

Register

Fill in the investor’s registration form and become a NEKSTER investor.

Transfer money to your investor’s account

After successfully filling out the registration form, you will receive instructions on how to transfer money to your investor’s account. Transfer the amount of money you have decided to invest. Please keep in mind that your account will be linked with EUR only.

Invest in loans

When you have added money to your investor’s account, you can start investing. NEKSTER recommends you to split up your investment into several loans.

Earn profit

When you have made your investment, you will start receiving both repayment of the principal sum and the interest, as soon as the borrower in whose loan you have invested begins repaying his loan. You will see this money in your investor’s profile.

How to add funds to my investor’s account? 2017-10-18T10:48:38+00:00

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If you are a PRIVATE INVESTOR or a LEGAL ENTITY, transfer can only be made from your personal account. Adding funds from different person`s or legal entity`s account is not possible due to the Prevention of Money Laundering and Terrorist Financing Act.

 

How to apply for money withdrawal? 2017-10-18T10:50:21+00:00

In order to apply for a pay-out from your NEKSTER account to your bank account, log in to your account. Then navigate to Withdraw funds, click on the withdraw button and indicate the amount you want to withdraw. Withdrawing funds usually takes 1 working day, but it can take up to 3 working days. In order to change a bank account number to which NEKSTER will transfer your money, you need to make a payment from the bank by stating the purpose of the transaction: Change bank account number. Withdrawing funds from a different person`s or legal entity`s bank account is not possible due to the Prevention of Money Laundering and Terrorist Financing Act.

How does NEKSTER protect my investment? 2017-10-18T10:51:11+00:00

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NEKSTER provides one type of investor protection schemes – NEKSTER BuyBack Guarantee. Under the NEKSTER BuyBack Guarantee investor protection scheme, NEKSTER will compensate the investors both the invested principal amount and interest, as well as pay the accrued interest in case a borrower is late with the repayment for over 30 days. Loans with the BuyBack Guarantee are denoted with the icon.

How to change my bank account number? 2017-10-18T10:52:09+00:00

To change the bank account number to which NEKSTER will transfer your money, you need to make a payment from the new bank account by stating the purpose of the transaction: Change of the bank account number, investor no. XXXXXX. Withdrawing funds from a different person’s bank account is not possible.