You can withdraw your fiat savings from your Nexo account at any time. In order to initiate the process please use the “Withdraw” button next to the asset you wish to withdraw.
You will be required to fill in the desired amount you want to withdraw, your Bank Country (the country where your bank is located). After that, depending on the country you have chosen, you will have to provide your name, full address, the country you are located in, IBAN, BIC/SWIFT code or for the GBP - account number and sort code.
If your bank is located in the USA you will have to provide your account number and ABA rounding instead of IBAN and BIC/SWIFT code.
When you completed this step you will have to enter 2FA code and click on the active "Withdraw" button.
Kindly note that for security reasons fiat withdrawals need to be confirmed within 30 minutes. Please make sure that you log on to the email account associated with your Nexo account, open the confirmation email received from Nexo and click on the ‘Confirm Withdrawal’ button. If the transaction is not confirmed within 30 minutes it will be automatically declined and you will have to submit another withdrawal request.
Please note that due to security and compliance reasons, new accounts, especially those holding substantial amounts of NEXO Tokens, might experience withdrawal processes of up to 24 hours.
Nexo does not charge any withdrawal fees. Nexo is one of the very few companies which allow you to receive, send & pay with crypto at #ZeroFees.