How do I withdraw USD with International wire transfer as a Singapore user?
You can withdraw USD from your OKX account to your bank account. International wire transfers are now available to Singapore users for cash withdrawals.
How do I make a cash withdrawal?
On the web
Log in to your account at my.okx.com. Go to Assets and select Deposit
Select Cash and USD to start a withdrawal
Select Cash and USD to start a withdrawal using International wire transfer
Select the bank account you'd like to withdraw from in the international wire transfer method 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 start
Select International wire transfer under USD and Next
Select International wire transfer under USD to continue
Select the bank account you'd like to withdraw from in the international wire transfer method 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 information:
Channel | Fee | Min withdrawal amount | Daily Limit (Rolling 24 Hours) | Max amount per transaction | Processing time |
|---|---|---|---|---|---|
International Wire transfer | 30 USD per withdrawal | 150 USD | 1,000,000 USD | 1,000,000 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 receiving account for the first time cash withdrawal
App: verify the ownership of receiving account for the first time cash withdrawal
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 cash withdrawal page.
Web: cash withdrawals on the cash withdrawal page
App: transaction history on the portfolio page