Once you’ve sold cryptocurrency, you may want to withdraw local currency from Luno to your bank account. We make this process simple. Please ensure your identity is verified and your bank account is linked to your Luno wallet in order to request a withdrawal.
You’ll be able to do this using our website or the app. Let’s take a look at how to do this via the app first:
Select WALLETS from the side menu and then WITHDRAW on your local currency account
If you have not yet given Luno your bank account details, you will be prompted to link your bank account
Next, you need to enter the amount you want to withdraw
Then select your bank account. You can add an optional note here for your records
Enter your Luno app PIN and you’re all done!
Congratulations, you’ve successfully requested a withdrawal from your Luno wallet!
How long does the process take?
Withdrawal times depend on your country and your bank. For more information, please see our withdrawal schedule.
What are the fees for withdrawing money?
We only charge you a fee if your bank charges us a fee. Click here for details about fees for withdrawing money from your Luno wallet.