SWIFT is an international money transfer system that operates through a global network. It is commonly used to withdraw funds from international investment platforms, cryptocurrency exchanges, and freelance marketplaces, as well as to make large private transfers between countries.
In this article, we’ll explain how to withdraw funds in USD using this system.
USD SWIFT BCB withdrawal step-by-step guide
To withdraw funds using the USD SWIFT BCB method, follow these steps:
- Go to the Balances page and select Wallet.
- Find USD in the currency list or enter the USD ticker in the search bar, then click “Withdraw”.
- Select USD SWIFT BCB from the list of available providers.
- Enter the following details:
- Recipient’s bank account details (IBAN)
- SWIFT/BIC code
- Country where the recipient’s bank is located
- Bank name
- Bank address
- Withdrawal amount
Please note: the “I receive” field displays the amount that will be credited to your account after the withdrawal fee has been deducted. The withdrawal fee for the USD SWIFT BCB method is fixed at 54 USD. The daily withdrawal limits are displayed above the list of providers:
- Minimum withdrawal amount: 100 USD
- Maximum withdrawal amount: 50,000 USD
- Click “Continue”.
- Confirm the withdrawal by entering the verification code sent to your email (valid for 180 seconds) and the 2FA code generated by Google Authenticator or another authentication app.
Please note: when making a withdrawal via USD SWIFT BCB, the sender’s first and last name must match the name provided in the payment details. Otherwise, the transfer will not be credited.
Funds are typically credited within 1–7 business days.