App users in the UK can now easily deposit and withdraw GBP using Faster Payments Service (FPS).

How do I withdraw my funds?

For regulatory reasons, you can only withdraw to the same bank account(s) that you used to deposit the funds to Withdrawals to third-party payment processors are not supported.

Users are required to have at least one successful GBP deposit via FPS to the App before we can transfer GBP funds back to the same account.

Please follow the steps below to initiate a withdrawal request:

  1. Open the App and tap ‘Transfer’ > ‘Withdraw’ > ‘Fiat’

  2. Select your GBP balance and tap ‘Withdraw GBP’

  3. Review the submission process and withdrawal limits, and tap ‘Withdraw Now’

  4. Input your withdrawal amount and select the bank account you are withdrawing funds to

  5. Review and confirm the withdrawal request

How long does it take for funds to arrive in my bank account?

We will notify you once the withdrawal is processed. Please allow 2 to 4 business days to review the request, and 1 business day to process the transfer. The funds will appear in your bank account shortly after.

Withdrawal Limits


£70 minimum withdrawal per transaction

Accumulative Maximum

Daily £72,000 (24-hour rolling)

Monthly £360,000 (30-day rolling)

What is the fee to withdraw funds from my GBP Fiat Wallet? does not charge fees for GBP withdrawals via FPS, but your bank may apply a processing fee. Please contact your bank should you have any questions about specific fees and charges.

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