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How to withdraw via wire — Wise

This article guides you step-by-step on how to withdraw USD from your Backpack Exchange account directly to your Wise Bank account using a SWIFT wire transfer.

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Overview

Item
Details

Currency

USD via SWIFT

Minimum Withdrawal

100 USD

Processing Time

Typically 1–3 business days

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Prerequisites

Ensure you have:

  • ✅ Wise USD Balance with account details enabled

  • ✅ Available USD balance in Backpack Exchange

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Step-by-Step Guide

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1. Log in to Backpack and Open Withdrawal Menu

  • Select Cash (USD).

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2. Collect Your Wise Receiving Details

  • Open your Wise account.

  • In the Home tab, select your USD balance.

  • Click Account details to view:

    • Account Number

    • Wire routing

    • SWIFT/BIC

    • Full legal name and address

  • Copy these details for use in Backpack.

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3. Add Your Wise Bank Account in Backpack (First-Time Setup)

  • In Backpack withdrawal modal, select "Select Recipient" → click Add Bank Account.

Field
Value (Example)

Country

United Kingdom

SWIFT/BIC

CMFGUS33

Account No.

(Paste from Wise)

Name

(Exactly as on Wise account)

Address

(Exactly as on Wise account)

  • Click "Add Bank Account" to save.

[Screenshot placeholder – Backpack add bank account form]

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4. Submit Your Withdrawal

  • Enter the amount you wish to withdraw (Minimum: USD 100).

  • Select the Sub-account you wish to withdraw from.

  • Choose your saved Wise Bank account from the recipient list.

  • Click Continue.

  • Complete 2-factor authentication and confirm your withdrawal.

[Screenshot placeholder – Backpack withdrawal confirmation screen]

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5. Track Your Withdrawal

  • Funds should arrive in your Wise account within 1–3 business days, minus any inbound fee charged by Wise.

  • If funds are not received within 3 business days, contact Backpack Support with your withdrawal details.

🎉 Success! Your withdrawal is now processing. Need help? Contact our support team at [email protected]. Remember to include your withdrawal details for quick assistance.