Bank Wire Transfer Frequently Asked Questions

  1. What is Bank Wire Transfer?
  2. What is the minimum and maximum amount I can withdraw using Bank Wire Transfer?
  3. Are there any transaction fees associated with Bank Wire Transfer withdrawals?
  4. What information is needed to withdraw via Bank Wire Transfer?
  5. What is the average processing time for Bank Wire Transfer withdrawals?
 

1. What is Bank Wire Transfer?

A bank wire transfer is a transfer of funds from one bank account to another locally or internationally. In most cases, you will need to visit your bank physically or use online banking to request the wire transfer. It is also possible to set up a repetitive wire transfer service to us.

2. What is the minimum and maximum amount I can withdraw using Bank Wire Transfer?

The minimum withdrawal amount that you can withdraw via Bank Wire Transfer is 1000 USD/1000 EUR and the maximum withdrawal amount is 2000000.00 USD.

3. Are there any transaction fees associated with Bank Wire Transfer withdrawals?

We don't charge anything, but the banks might.

4. What information is needed to withdraw via Bank Wire Transfer?

The information required to withdrawal via bank wire transfer depends on the bank country selected on the withdrawal page. You will have to enter details such as your bank's name, the bank's address, your bank account number, the ABA Routing number/Swift code/Sort code and other details as requested on the withdrawal page.

5. What is the average processing time for Bank Wire Transfer withdrawals?

All withdrawals are first approved by our internal review team which takes approximately up to two business days. Once we have processed your withdrawal, it will take 3-5 business days for the funds to appear in your bank account.