💵 Binance to Bank transfer- Part 2
Go to your Fiat and Spot wallet.
Click on Withdraw and choose Fiat.
Select your Currency (e.g., USD,EUR,GBP)& then choose Bank Transfer.
Enter the withdrawal amount you want to transfer to your bank
#account. Step 4: Confirm Withdrawal Details
Before finalizing the withdrawal, re-check all the details:
Review any fees associated with the withdrawal. Binance generally charges a fee for fiat withdrawals, which varies depending on the method you choose and your country of residence.
Once you’re satisfied with the details, click Submit.
Step 5: Verify & Complete the Withdrawal.
After submitting your withdrawal request, Binance may prompt you to verify your identity. This step is usually done via email or phone verification.
Email Verification: Binance will send you a verification code to your registered email address.
Phone Verification: You will receive a verification code via SMS or the Binance mobile app (if you have two-factor authentication enabled).
Enter the verification code in the provided field and confirm your withdrawal.
Step 6: Wait for the Funds to Arrive
Once the withdrawal is confirmed, Binance will begin processing the transaction. The time it takes for the funds to appear in your bank account depends on the withdrawal method and your bank’s processing time. Generally, bank transfers can take anywhere from 1 to 5 business days
Step 7: Check Your
#bank account
Once the withdrawal has been processed, check your bank account to ensure that the funds have been successfully credited. If there are any delays or issues, you can contact Binance support for assistance.
Tips for Smooth Withdrawals
Withdrawal Limits: Binance may impose withdrawal limits based on your account verification level. Ensure that your KYC is fully completed to unlock higher withdrawal limits.
Withdrawal Fees: Be aware of any withdrawal fees. While Binance offers competitive rates, there might be additional fees depending on your location & the method you choose.
Next Part 3
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