how to withdraw money from trust wallet to bank account

Withdrawal Process: Upon linking your bank account and verifying your identity, initiate the withdrawal in Trust Wallet, pay the withdrawal fee, approve the transaction through your bank, and wait for processing to complete within 1-3 business days.

Nov 01, 2024 at 10:35 pm

How to Withdraw Money from Trust Wallet to Bank Account

Step 1: Link Your Bank Account

• Open the Trust Wallet app.
• Tap the "Receive" button on the home screen.
• Select "Bank Transfer" and follow the instructions to link your bank account to Trust Wallet.

Step 2: Verify Your Identity

• Most banks require identity verification before allowing withdrawals to external accounts.
• Submit the necessary documents (e.g., government-issued ID, proof of address) requested by your bank.

Step 3: Initiate the Withdrawal

• Once your identity is verified, tap the "Withdraw" button in Trust Wallet.
• Enter the amount you wish to withdraw and select "Bank Transfer."
• Confirm the details and initiate the transaction.

Step 4: Pay the Withdrawal Fee

• Trust Wallet charges a withdrawal fee that varies depending on the amount and the selected payment method.
• Ensure that you have sufficient balance in your Trust Wallet to cover both the withdrawal amount and the fee.

Step 5: Approve the Transaction

• Your bank will send you a verification code or push notification for the withdrawal.
• Enter the code or authorize the transaction via the bank's mobile app.

Step 6: Wait for Processing

• Bank transfers typically take 1-3 business days to process.
• The funds will appear in your bank account within this time frame.

Note:

• Minimum Withdrawal Amount: Trust Wallet has a minimum withdrawal amount that may vary based on the payment method and bank.
• Withdrawal Limits: Some banks may have limits on the amount of money you can withdraw from your Trust Wallet per day or month.
• Transaction Speed: Withdrawal processing times may be delayed during peak hours or on weekends and holidays.
• Exchange Rate: Withdrawals from Trust Wallet are subject to the prevailing exchange rate between crypto and fiat currencies.
• Transaction Fees: The withdrawal fee varies depending on the payment method (e.g., Ethereum, Binance Smart Chain) and crowd traffic.
• Customer Support: If you encounter any issues, contact Trust Wallet customer support for assistance.