Convenient Funds Deposit and Withdrawal Process
Deriv India makes depositing and withdrawing funds a breeze, taking only a few hours to complete - faster than most online brokers.
To make the withdrawal process simpler, we offer various payment methods. These include bank wires, debit/credit cards, ewallets and cryptocurrencies that are accessible to clients around the world.
We offer various payment methods
Deriv India offers the ideal platform for all trading needs, no matter your experience level or knowledge. It provides a range of payment methods to make transactions simpler and secure. You can deposit and withdraw funds from your account through bank wire, debit/credit card, e-wallet services and cryptocurrency exchanges alike.
For a safe and secure transaction, always double-check that your banking details are correct. Doing this will prevent scammers from accessing your funds and taking them advantage of you. Furthermore, it helps shield personal information from unauthorized use.
Deposit and withdraw funds from your Deriv India account through a bank transfer. This is an efficient and straightforward way to move money from trading account to bank account. All that's required is entering the details for the bank transfer along with uploading proof of identity.
This process can take as little as one business day, which is much quicker than most online brokers on the internet. However, some payments may take longer.
To guarantee you don't run into any issues while withdrawing funds from Deriv, be aware of the minimum and maximum withdrawal amounts for each payment method. Doing this helps avoid any last-minute difficulties and makes your transaction much smoother.
The minimum withdrawal amount is 5 USD/AUD/GBP/EUR and the maximum is 50 USD/EUR/AUD/GBP. Please be aware that these amounts may change depending on the payment method you select.
If you want to make a Deriv withdrawal via bank transfer, first verify your account information and upload a bank statement. Afterward, request the withdrawal from your Deriv account; this process typically takes three business days; however, some options may require more time for processing.
You can withdraw your funds within 24 hours
Deriv funds are typically accessible within 24 hours due to our efficient deposit process. However, if you want to cash out your winnings for real money, please be patient. Here are some of our top customer service representatives who can assist you if needed. They have knowledge about all our products and services as well as helping find the right payment option tailored to fit individual needs. Plus, they keep up on all our latest innovations too.
You can withdraw your funds through bank wires
If you need to quickly and conveniently withdraw funds from your Deriv India account, bank wire transfers are the solution. These secure transfers can be used for both domestic and international transactions.
Domestic wire transfers typically take 24 hours to complete, while international transfers may take up to 5 business days. Processing times may differ due to designated cut-off times, federal regulations, weekends and bank holidays.
Before sending your transfer request to the recipient's bank, ensure you have all necessary information. This includes the ABA routing transit number (RTN), which is a nine-digit code identifying the sending bank, and their bank's account numbers.
Once you've entered all the necessary information, click either "Approve" or "Draft." If drafting a wire, be sure to wait for it to be processed and approved before withdrawing any money.
Once the transfer has been processed, it should appear in your account within two to three business days. You can check the status of your withdrawal online as well.
Transferring money can be done using either credit card, debit card, or directly through your bank account. Many financial institutions and banks charge different fees for these types of transfers so it's essential to consult your bank before deciding which option is most convenient for you.
If you're uncertain of the cost of a wire transfer, third-party companies like Western Union offer estimates. They may have lower or no transaction fees which can help save money when sending large sums of cash. Furthermore, you have the option to pay with either credit card or debit card, giving you flexibility in choosing which payment method best fits your budget.
You can withdraw your funds through debit/credit cards
When it comes to withdrawing money from your account, there are a variety of methods. Visit a teller at your bank, take out cash at an ATM or use credit cards online for the transfer.
Debit cards are connected to your checking account and enable you to make purchases from most retailers. All that's required is for you to swipe or insert the card, enter your PIN code, and complete the transaction.
Banks and credit unions may charge fees for making purchases with debit cards. You can avoid these extra costs by carefully reading the disclosures before you make a purchase.
You have the option to pay your balance off in full each month or make smaller payments to avoid interest charges on your credit card. Both credit and debit cards have the potential to damage your credit history, so it is essential that you use them responsibly and keep your account in good standing.
In addition to credit and debit cards, prepaid cards can also be used as a means of storing money until needed. This has become increasingly popular due to its convenience and the fact that they can be used almost anywhere that accepts credit cards.
If you're uncertain which card type is ideal for you, take into account your financial situation and the types of purchases that typically take place. In general, debit cards are better suited to smaller purchases.
Credit cards, on the other hand, are ideal for larger purchases. Debit cards take money directly out of your bank account when you make a purchase while credit cards typically take time to process and appear on your statement.
You can withdraw your funds through ewallets
If you are a user of Deriv India and wish to withdraw funds, the ewallets option can be used. With this method, the funds are deposited directly into your bank account; alternatively, debit or credit cards may also be used. Although this method is convenient and straightforward to use, be aware of any fees associated with this process.
Another potential issue you might run into while withdrawing funds through ewallets is the minimum withdrawal amount. This amount varies depending on which payment option you select; for debit/credit cards it's 5 AUD/USD/GBP/EUR; bank transfers require 10 AUD/USD/GBP/EUR.
Sometimes, withdrawal links expire before you can complete your transaction due to an internet connection issue. Therefore, it's essential that you complete the withdrawal within an hour of its generation. Alternatively, you could choose to lift your withdrawal limit through verification of identity and address. Moreover, using cryptocurrencies instead of bank wires for transactions could be another viable option.