With millions of users globally, Binance remains one of the most trusted platforms for trading and managing cryptocurrency. Whether you're cashing out profits or simply moving money to cover expenses, knowing how to withdraw funds to your bank account is a crucial part of your crypto journey.
This simple, step-by-step guide will walk you through the entire process — from verification to confirmation — ensuring a smooth and secure transfer of your assets.
Step 1: Complete Your Identity Verification (KYC)
Before withdrawing fiat (traditional money) from Binance, identity verification is mandatory. This step protects your funds and aligns with global financial regulations.
How to Verify Your Identity:
Log in to your Binance account.
Click on your profile icon > Identification.
Submit a valid government-issued ID (passport, driver’s license, or national ID).
Upload a selfie or complete the facial verification process.
Wait for approval — it usually takes a few minutes to a few hours.
Important: Without passing KYC, you won’t be able to withdraw fiat currencies.
Step 2: Link Your Bank Account
Once KYC is approved, it’s time to connect your bank account.
How to Add Your Bank Account:
Go to Wallet > Fiat and Spot.
Click Withdraw and choose the Fiat tab.
Select your local currency (e.g., USD, EUR, PKR).Choose Bank Transfer as your withdrawal method.
Enter your bank details (account number, SWIFT/IBAN, etc.).
Save the information and verify it.
Note: The name on the bank account must match the name on your Binance account for the transfer to succeed.
Step 3: Enter the Withdrawal Amount
With your bank account connected, you're ready to initiate the withdrawal.
Steps to Withdraw:
Go to Wallet > Fiat and Spot.
Click Withdraw > Fiat.
Choose your local currency and select Bank Transfer.
Enter the amount you wish to withdraw.
Review the withdrawal fee and confirm the final amount you'll receive.
Step 4: Review and Submit Your Withdrawal
Take a moment to double-check all your details before sending your funds.
Confirm the Following:
Bank account number and name
Selected currency
Applicable fees and processing time
Once everything looks good, click Submit.
Step 5: Secure Your Withdrawal with 2FA
Binance requires you to verify your withdrawal request using Two-Factor Authentication (2FA)
Complete This Step:
Enter the code sent to your registered email
Input your 2FA code from SMS or the Authenticator app
These security steps help protect your assets from unauthorized activity.
Step 6: Wait for the Transaction to Process
After verification, Binance will process your request.
Processing Times:
Local bank transfers: Usually within 1–3 business days
International transfers: May take up to 5 business days
You’ll receive a confirmation email once the funds are sent.
Step 7: Confirm the Funds in Your Bank Account
After the processing period, check your bank account.
What to Do:
Log into your mobile banking app or online portal
Look for the credited amount
If not received after 5 business days, contact Binance Support or your bank
Tips for a Smooth Withdrawal Experience
Complete full KYC to raise your withdrawal limits
Double-check your bank account information
Understand all fees before confirming
Use Binance P2P if bank withdrawals are slow in your region
Enable 2FA for maximum account security
Common Issues and Quick Fixes
Issue Solution Bank not linked Add a valid bank account under the Fiat Withdraw tab Funds delayed Wait 3–5 business days before contacting support Incorrect bank info Cancel request and resubmit with correct details Withdrawal limit reached Complete full KYC to increase limits
Final Thoughts
Withdrawing funds from Binance to your bank account in 2025 is safe, simple, and straightforward — as long as you follow the right steps. Keep your identity verified, ensure your bank information is accurate, and always use 2FA to stay protected.
Binance also offers 24/7 support, so help is available whenever you need it.
Stay Safe While Using Binance
Never share your password or 2FA codesBookmark the official Binance website: https://www.binance.comWatch out for phishing scams and fake emailsMonitor your account activity regularly
FAQs — Withdrawing from Binance to Bank (2025)
1. How long does it take to withdraw funds from Binance to my bank?
Local bank transfers usually take 1–3 business days. International transfers may take up to 5 days
2. Why is Binance asking for KYC before withdrawal?
KYC helps prevent fraud and complies with global financial laws. It's mandatory for all fiat withdrawals.
3. Can I withdraw to someone else’s bank account?
No. Binance only allows withdrawals to bank accounts under your own name.
4. Are there any fees for bank withdrawals?
Yes, Binance charges a small fee depending on your region and currency. The exact fee will be shown before confirmation.
5. What should I do if I don’t receive the funds?
First, wait up to 5 business days. If the funds still don’t show up, contact Binance Support or your bank.
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