How do I withdraw USD with international wire transfer as a UAE user?
You can withdraw USD from your OKX account to your bank via international wire transfer, now available for users in the UAE.
How do I make a cash withdrawal?
On the web
Log in to your account at www.okx.com. Go to Assets and select Deposit
Select Cash and USD to start a withdrawal
Select international wire transfer for your USD withdrawal
Select the bank account you'd like to withdraw and Preview withdrawal
Enter your authorization code or SMS code and select Withdraw to submit your USD withdrawal
On the app
Open your OKX app, go to Portfolio on the home screen, select Withdraw and Withdraw cash
Select withdraw cash to initiate your cash withdrawal
Select International wire transfer under USD and Next
Select the bank account you'd like to withdraw and Preview withdrawal
Enter your authorization code or SMS code and select Withdraw to submit your USD withdrawal
Notes: to add a withdrawal account, you must first make an initial deposit from that account to your OKX account. Only bank accounts that have been successfully verified through a deposit can be used for withdrawals.
Fee and processing time
Channel | Withdrawal Fee | Min withdrawal amount | Processing time |
|---|---|---|---|
International wire transfer | 35 USD for Qualified Investors 40 USD for others | 100 USD | Up to 5 business days |
How do I verify the ownership of my receiving account for my first cash withdrawal?
To comply with local regulations, you must verify the ownership of your receiving account before making your first withdrawal. You can verify by making a cash deposit into OKX with the same account.
Web: verify the ownership of your bank account
App: verify the ownership of your bank account
FAQ
1. Why am I not able to see the "Withdraw cash" feature?
To comply with local laws and regulations, cash withdrawals are only available in specific regions. This may mean that your account is currently not eligible to access this feature.
2. Can I make a withdrawal while my bank account verification is still pending?
No. You can only make the withdrawal once your account ownership is successfully verified.
3. How do I know if my bank account is verified?
Once the deposit has been successfully processed into your OKX account, your bank account will be verified.
4. How do I check my withdrawal history?
You can review your withdrawal history:
On the web: select Assets > Withdrawal > All withdrawals
On the app: select Portfolio > transactions > filter Cash withdraw type
Web: transactions on the withdrawal page
App: transactions on the Portfolio page