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How to Withdraw via Wire

Overview

Item

Currency

USD via SWIFT

Minimum Withdrawal

100 USD

Processing Time

Typically 1–3 business days

Fees

0 USD*

*Backpack charges no fee for sending or receiving USD wires. Your intermediary / receiving bank may apply its own charges, which are outside our control.

Prerequisites

  • ✅ Verified Backpack EU Exchange account

  • ✅ Available USD balance in Backpack EU Exchange

  • ✅ Your Bank Account Number

Step-by-Step Guide

Log in to Backpack and Open Withdrawal Menu

  • Select Cash (USD)

Add or select a bank account

  • If you haven’t added a recipient before, click "Select Recipient" → click Add Bank Account :

    • Bank identifier type

      • SWIFT/BIC for most international wires

      • IBAN/Account Number

    • Recipient details:

      • Recipient Type (Individual / Business)

      • Name, address, city, postcode

    • Bank details:

      • Bank name, branch address, city, postcode, country

    • Intermediary bank SWIFT/BIC (Optional)

  • Click "Add bank account to save"

Submit Your Withdrawal

  • Enter the withdrawal amount (Minimum: USD 100)

  • Select the account you wish to withdraw from (if applicable)

  • Choose your saved bank account from the recipient list

  • Click Continue

  • Complete 2-factor authentication to confirm and submit your withdrawal

Track Your Funds

  • Funds typically arrive in your bank account within 1–3 business days

  • If the funds haven't arrived after 3 days, contact Backpack Support and provide your withdrawal reference

🎉 That's it! Your USD withdrawal is now on its way to your bank account.

Need assistance? Our support team is always here to help at support@backpack.exchange. Please include your withdrawal reference for quicker support.

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