Sarwa’s referral terms: what they actually mean

📖 Five terms you need to understand

• Qualifying Investment: the minimum you must deposit ($500) within the funding window to trigger any bonus at all.
• Qualifying Funding Period: 90 days from registration. Deposits after this window do not count toward any tier.
• Referral Bonus: the AED 100 to 3,000 Sarwa pays to both the referrer and the referred friend, per tier reached.
• Minimum Retention Balance: your qualifying deposit plus the bonus you received. This is the floor your account must stay above.
• Net Balance: your combined total across all Sarwa accounts. Sarwa measures this against the floor. Moving money between Sarwa Invest, Trade, and Save is safe. Taking it out of Sarwa entirely is what counts.

⚠️ The retention rule (the one that bites)

Both of us must keep the Minimum Retention Balance in our Sarwa accounts for 12 months after the bonus pays. Drop below it and Sarwa may claw the bonus back, deducted from your balance, withheld from a withdrawal, or recovered by other means. One further sting: re-depositing the money does not requalify you. The clawback is final.

🚫 What Sarwa treats as abuse

The terms name specific behaviors that void bonuses and can close accounts: creating multiple accounts, misrepresenting referrals, withdrawing before the retention period ends and redepositing to requalify, and submitting fraudulent documents. Unusually high referral activity can also trigger extra verification, which delays payment.

🔒 Who is excluded from the program

• Joint account holders: individual accounts only.
• Anyone who previously held a Sarwa account. Closing and reopening does not make you “new.”
• Anyone who registered without a code. Sarwa does not add codes to existing accounts, and re-registering to add one is explicitly disallowed.

⚖️ Sarwa’s discretion clauses

Two clauses give Sarwa broad discretion. Section 5.1: Sarwa can modify, suspend, or terminate the program at any time. Section 5.4: Sarwa can amend terms or disqualify any client, with or without notice. The practical meaning: the bonus is an offer, not an entitlement. Fund because you want to invest with Sarwa. Treat the bonus as a bonus.

🏛️ Disputes and jurisdiction

Send complaints to complaints@sarwa.co first. The program falls under ADGM law, with ADGM courts holding exclusive jurisdiction. Sarwa Digital Wealth (Capital) Limited is registered in the ADGM (company 190037) and regulated by the FSRA.

Two versions of the terms exist. Registered on or after 26 November 2025: November 2025 T&C: tiered bonuses apply. Registered before that date: March 2025 T&C: flat AED 500 for $500 deposited.