The most detailed BYFX withdrawal instructions

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In the previous article, we learned together how to deposit money at BYFX. Today I go BYFX exchange instructions, making it easy for you to deposit money into your account on this exchange. Unlike deposits, withdrawals at BYFX are much simpler and faster.

BYFX Withdrawal Instructions – Withdrawal Steps

Step 1: Log in to your porfx registered account

Instructions for withdrawing money from BYFX
Sign in to your account

Step 2: Click on withdraw

In your account area, click on the “Withdraw” icon in the left corner of the screen.

Click on withdrawal activityClick on withdrawal activity
Click on withdrawal activity

Step 3: Select the desired withdrawal method

Please select the desired withdrawal payment method. Then fill in the required information such as “Withdrawal Account”, “Amount to be withdrawn”, “Receiving bank account” and “Currency you wish to withdraw”.

Fill in the withdrawal informationFill in the withdrawal information
Fill in the withdrawal information

Then you have completed the withdrawal step on BYFX.

BYFX Withdrawal Instructions – Some Notes

When making a withdrawal in BYFX, You should note the following points:

Notes when withdrawing money at BYFXNotes when withdrawing money at BYFX
Notes when withdrawing money at BYFX
  • The withdrawal method is also the deposit method you initially choose.
  • You should prefer the withdrawal method via “domestic bank transfer” or “e-wallet” for a simpler and faster transaction.
  • You can only make a withdrawal after your bank account information is verified.
  • Withdrawal request processing time is 3 business days.
  • The regulated withdrawal fee for each country is 10 USD, but the best BYFX Forex broker does not charge withdrawal fees for Vietnamese traders.
  • Currency conversion fees will depend on the policies and regulations of the bank you choose.
  • The minimum withdrawal threshold requirement per transaction is 300,000 VND.
  • The deadline for submitting a request is 15:00 (GMT +8) every working day. Therefore, if you submit an order after the requested deadline, processing may take until the next business day.
  • You can only withdraw money to a bank account in your name, which means the exchange will not transfer money to someone else's account. This is to comply with anti-money laundering regulations and ensure your financial security.

See also: The most detailed BYFX deposit guide

Conclusion

Above is a guide on how to withdraw money on BYFX that you can refer to. For more information about BYFX exchange or other reputable exchanges, you can refer to our page.

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You can consult the withdrawal instructions for other bags in the articles below: