How do I withdraw AED with bank transfer?
You can complete an AED withdrawal to your bank account from your OKX account. AED local bank transfers are currently only offered to our UAE customers.
How do I make a cash withdrawal?
On the web
Log in to your account at okx.com. Go to Assets, and select Withdraw
Select United Arab Emirates Dirham to start cash withdrawal
Withdrawal method selection for cash withdrawals
Select withdrawal method, enter amount and select Preview withdrawal
Enter your authorization code or SMS code and select Withdraw to complete making cash withdrawal
On the app
Open your OKX app. Go to Withdraw, and select Withdraw AED
Open the withdrawal page
Select withdrawal method, enter amount and select Preview withdrawal
Enter your authorization code or SMS code and select Withdraw to complete making cash withdrawal
Note:
You are required to verify the ownership of the receiving account when you make cash withdrawal for the first time.
Only verified bank accounts are eligible for withdrawal selection. Accounts shown in light grey must undergo verification by depositing funds into your OKX beneficiary account before they can be chosen for withdrawal.
Example on accounts shown in light grey
There's a fee of 75 AED on withdrawals via bank transfers. The minimum withdrawal amount is 200AED (including 75 AED fee).
Withdrawal processing time: transactions of 50,000 AED or less are instant 24/7, while amounts over 50,000 AED are processed instantly during business hours (09:15 - 17:45 GMT+4, Monday to Saturday); requests outside these hours are handled on the following business day.
In the event of system downtime, downtime with our banking providers, withdrawals may be delayed.
How do I verify the ownership of the receiving account for the first time cash withdrawal?
To comply with local laws and regulations, you may need to verify the ownership of the receiving account during the cash withdrawal process.
Verify by making a cash deposit into OKX with the same bank account.
Web: verify the ownership of receiving account for the first time cash withdrawal
App: verify the ownership of receiving account for the first time cash withdrawal
FAQ
1. Why am I not able to see the "Withdraw AED" feature?
To comply with local laws and regulations, cash deposits are only available in specific regions. This may mean that your account is currently not eligible to access this feature.
2. Can I make a withdrawal while my bank account verification is still pending?
No. You can only make the withdrawal once your account ownership is successfully verified.
3. How do I know if my bank account is verified?
Once the deposit has been successfully processed into your OKX account, your bank account will be verified and ready for withdrawal.
4. How do I check my withdrawal history?
You can review your withdrawal history:
On the web: select Assets > Withdrawal > All withdrawals
On the app: select Portfolio > transactions > filter Cash withdraw type
Web: all withdrawals on the withdrawal page
App: transactions on the Portfolio page