4 minute read
How to withdraw money from EXNESS in India
Withdrawing money from EXNESS in India is a straightforward process, whether you're transferring to a bank account, e-wallet, or another supported method. This guide will provide detailed steps to ensure your funds reach you securely and promptly.
Table of Contents
Requirements for Withdrawal in India
Withdrawal Methods Available in India
Step-by-Step Guide to Withdraw Money from EXNESS in India
Tips for Smooth Withdrawals
Common Issues and Solutions
FAQs About Withdrawing Money from EXNESS in India
Start Exness Trade : Open Exness Account and Start Trade
See more: Exness broker review
1. Requirements for Withdrawal in India
Before withdrawing funds, ensure:
Your EXNESS account is fully verified.
You’ve linked and verified your withdrawal method (e.g., bank account or e-wallet).
You meet the minimum withdrawal amount for the chosen method.
You are withdrawing funds using the same method you used for deposits, as per EXNESS’s anti-money laundering policies.
2. Withdrawal Methods Available in India
EXNESS supports several withdrawal methods for Indian users:
Bank Transfer: Send funds directly to your Indian bank account.
E-Wallets: Services like Skrill, Neteller, or Perfect Money.
UPI or Local Payment Systems: For faster and localized transactions.
3. Step-by-Step Guide to Withdraw Money from EXNESS in India
Step 1: Log In to Your EXNESS Account
Open the EXNESS website or the EXNESS app.
Log in using your email and password.
Step 2: Navigate to the Withdrawal Section
On the dashboard, click on “Withdrawal”.
Select your preferred withdrawal method (e.g., bank transfer, UPI, e-wallet).
Step 3: Enter the Withdrawal Details
For bank transfers, provide:
Bank account holder’s name (must match your EXNESS account name).
Bank account number.
IFSC code or SWIFT code (for international transfers).
For e-wallets, select the e-wallet service and provide your wallet details.
Step 4: Specify the Withdrawal Amount
Enter the amount you wish to withdraw. Ensure it meets the minimum withdrawal requirement for the selected method.
Confirm the withdrawal currency to avoid conversion fees.
Step 5: Verify and Submit the Request
Review all the entered details carefully.
Submit the withdrawal request.
You may need to enter a One-Time Password (OTP) sent to your registered phone or email for security verification.
Step 6: Wait for the Processing Time
Instant methods: E-wallets and UPI transactions are often processed instantly.
Bank transfers: These may take 1-5 business days, depending on the bank’s processing time.
Start Exness Trade : Open Exness Account and Start Trade
4. Tips for Smooth Withdrawals
Verify Your EXNESS Account: Ensure all required documents (ID proof, address proof) are uploaded and approved.
Check Bank Account Details: Incorrect information can lead to delays or failed transactions.
Avoid Currency Conversion Fees: If possible, withdraw funds in INR to your Indian bank account.
Comply with Deposit Rules: Withdrawals must follow the same method proportionate to your deposits.
5. Common Issues and Solutions
Issue 1: Withdrawal Delayed
Cause: Bank processing times or incorrect details.
Solution: Double-check your details and contact EXNESS support if delays persist.
Issue 2: Withdrawal Rejected
Cause: Unverified account or mismatch in name.
Solution: Ensure your account is fully verified, and your bank account name matches your EXNESS account name.
Issue 3: Currency Conversion Losses
Cause: Withdrawal in USD or another currency instead of INR.
Solution: Always select INR as the withdrawal currency for bank transfers in India.
6. FAQs About Withdrawing Money from EXNESS in India
Q1: What is the minimum withdrawal amount in India?The minimum withdrawal amount varies by method:
Bank Transfers: Typically starts at ₹700-₹1,000.
E-Wallets: May start as low as ₹300.
Q2: Are there any fees for withdrawals in India?EXNESS does not charge withdrawal fees. However, your bank or e-wallet provider may apply charges.
Q3: How long does it take to withdraw money?
E-Wallets and UPI: Instant to a few hours.
Bank Transfers: 1-5 business days.
Q4: Can I withdraw funds to a different bank account?No. EXNESS requires withdrawals to be made to an account in the name of the EXNESS account holder.
Q5: What should I do if my withdrawal fails?Verify your details and contact EXNESS support for assistance.
Conclusion
Withdrawing money from EXNESS in India is a simple and secure process when you follow the outlined steps. Whether you’re using bank transfers, e-wallets, or UPI, ensure your account is verified, details are accurate, and the minimum requirements are met. For any issues, EXNESS offers 24/7 customer support to assist you.
Start your withdrawal process today and enjoy the seamless experience EXNESS offers!
See more:
