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how long does it take for coinbase to transfer to bank

For first-time ACH transfers from Coinbase, the estimated processing time is 5-7 business days, while wire transfers typically take 1-2 business days to appear in your bank account.

Nov 15, 2024 at 04:55 am

How Long Does it Take for Coinbase to Transfer to Bank?

1. Transfer Processing Time:

  • ACH transfers: Typically take 3-5 business days.
  • Wire transfers: Are processed on the same business day, but may take 1-2 days to appear in your bank account.

2. Verification and Approval:

  • First time bank transfers: May take an additional 2-3 business days to verify and approve.
  • Subsequent transfers: Are generally processed more quickly.

3. Business Day vs. Weekend Considerations:

  • Transfers initiated on weekends or holidays will take longer to process, as banks are closed.

4. Time of Transfer:

  • Transfers initiated before the Coinbase cut-off time of 7:00 AM UTC will be processed on the same business day.
  • Transfers initiated after the cut-off time will be processed the next business day.

5. Estimated Transfer Times:

Transfer TypeEstimated Processing Time
ACH (First Time)5-7 business days
ACH (Subsequent)3-5 business days
Wire Transfer1-2 business days

Additional Notes:

  • Coinbase does not charge transfer fees, but your bank may impose fees.
  • You can view the status of your transfer in your Coinbase account's "Transactions" tab.
  • If your transfer is delayed or not being displayed in your bank account, contact Coinbase support.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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