Withdrawing cash via bank transfer

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:

  1. Navigate to the left-hand navigation and choose Settings.

  2. Select Bank Accounts.

  3. Select the bank account from the list.

  4. 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.

  5. Select Enable Withdrawals.

  6. Use your two-factor authenticator (passkey or TOTP authentication) to authorize the action.

To withdraw cash

  1. Navigate to the left-hand navigation and choose Portfolio.

  2. Select the Withdraw button at the top right side of the screen.

  3. 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.

  1. Read through the instructions on the pop-up window and choose I Understand.

  2. Select a Destination and enter the Amount to withdraw.

  3. Select Review.

  4. Select Confirm, if the information is correct. Otherwise, choose Go Back and edit the information.

  5. 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)
Note: If there is a US banking holiday, processing will take one additional business day.

EUR

BLINC

Near instant

SEPA Instant

Near instant

SEPA

up to 2 business days

Digital assets and related products are high risk. Consult your professional advisor and trade responsibly. Access to our services is prohibited for residents of jurisdictions where trading in virtual assets is restricted or banned, including residents of Mainland China. Visit bullish.com/legal for important information and risk warnings.