Withdrawing cash via bank transfer
Withdrawal Guidelines
Note: Withdrawals to a bank account are only permitted after an initial deposit has been made to Bullish using the same bank account.
Bullish has a maximum daily withdrawal limit on individual and institutional accounts.
Account type | Daily limit |
Individual | US$10,000 |
Professional Investor | US$1 million |
Institutional | US$10 million |
To enable withdrawals
Important: To enable the withdrawal function, you need to complete the source of wealth and tax information declaration. You are granted a 30-day extension from your onboarding date with Bullish to submit this declaration. If you do not complete these declarations within the 30-day period, all financial activities, including deposits, trades, and withdrawals, will be blocked.
Once you have successfully deposited funds from a bank into your Bullish account, those accounts are automatically stored and made available for future deposits and withdrawals. All of your linked accounts will show in the Select Destination drop-down list after choosing the currency you would like to withdraw.
Steps to confirm your bank account details and enable withdrawals:
Navigate to the left-hand navigation and choose Settings.
Select Bank Accounts.
Select the bank account from the list.
Review and fill in any missing information or correct any errors. Note that updated bank details may require a manual review, which can take up to one business day.
Select Enable Withdrawals.
Use your two-factor authenticator (passkey or TOTP authentication) to authorize the action.
To withdraw cash
Navigate to the left-hand navigation and choose Portfolio.
Select the Withdraw button at the top right side of the screen.
Select the currency you wish to withdraw from the list of assets.
Note: When withdrawing USD from Bullish to a non-USD personal or corporate bank account, the conversion from USD to your account's final currency (e.g. EUR) is handled by your bank and/or its partner banking network.
Read through the instructions on the pop-up window and choose I Understand.
Select a Destination and enter the Amount to withdraw.
Select Review.
Select Confirm, if the information is correct. Otherwise, choose Go Back and edit the information.
Use your two-factor authenticator (passkey or TOTP authentication) to authorize the action.
Processing Time
We cannot guarantee the exact processing time. Times can vary due to bank holidays, cut-off times and additional compliance reviews. Below are the estimated processing times for your reference.
Currency | Network | Estimated Processing Times |
USD | CUBIX Instant | Near instant |
FedWire | up to 1 business day | |
International Wire (SWIFT) | up to 3 business days | |
CHATS (Hong Kong) | 1 to 2 business days (cut-off at 16:00 HKT) | |
EUR | BLINC | Near instant |
SEPA Instant | Near instant | |
SEPA | up to 2 business days |