Summary
This article provides step-by-step instructions for withdrawing Euro balances from your Bitvavo account to your linked bank account. It explains the process for both the Bitvavo app and website, details the timeline for withdrawals to Dutch and non-Dutch bank accounts, and highlights potential delays during national holidays. It also confirms that there are no fees for withdrawing euros.
In this article, we will explain how to withdraw the Euro balances in your Bitvavo account to your bank account. Note that withdrawals are only possible to linked bank accounts, and digital currency must be sold first to withdraw Euros. If you need help selling digital currency, detailed instructions can be found here.
Click on the tabs for instructions for the app or website.
Instructions for the Bitvavo App
- Log in to your Bitvavo app.
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Tap the middle blue button and select Withdrawal.
- If you have multiple bank accounts linked, choose the bank account you wish to withdraw to.
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Enter the amount to withdraw and select Continue.
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Verify the amount and the bank account. If you have Two-Factor Authentication (2FA) enabled, enter your Two-Factor code. Click on Confirm and withdraw.
Processing Time: Withdrawals take one business day for Dutch bank accounts and two business days for non-Dutch bank accounts.
Instructions for the Bitvavo Website
- Log in to your Bitvavo account.
- Click on the Withdraw € button.
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Enter the amount to withdraw and select Continue.
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If you have multiple bank accounts linked, choose the bank account you wish to withdraw to.
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Verify the amount and the bank account. If you have 2FA enabled, enter your Two-Factor code.
- Click on Confirm and withdraw.
Processing Time: Withdrawals take one business day for Dutch bank accounts and two business days for non-Dutch bank accounts.
Withdrawals during national holidays
When you request a withdrawal, Bitvavo sends the order directly to our bank. However, during weekends and holidays, banks do not process transactions, causing delays. Major holidays that may affect processing times include:
- Easter (dates vary each year)
- Pentecost (dates vary each year)
- Christmas (25 and 26 December)
For example, if you withdraw on Thursday and there’s a national holiday on Friday and/or Monday, the processing may not start until Tuesday. The funds might only reach your bank account by the following Wednesday. We apologize for any inconvenience and ask for your patience during these periods. Please contact us if your withdrawal has not arrived by Thursday.
What are the costs for withdrawing euro to a bank account?
Bitvavo does not charge any fee for withdrawing euro to a bank account.
Can I withdraw euro to my creditcard or PayPal account?
No, it is not possible to withdraw euro to your credit card or your Paypal account. You can only withdraw euro to a bank account.