How can I initiate a withdrawal¹ using SEPA method?
In order to initiate a withdraw Request via SEPA, you must be approved to Level 5 (restrictions apply) or Level 6 (no restrictions) and follow these steps:
1) Navigate to your Dashboard >> Transfer TAB on the left of the page.
2) Choose the EUR currency and inside your Wallet, select Withdrawal >> SEPA
On this page, please fill in all required information to initiate a withdrawal. The minimum withdrawal amount is 100 EUR.
Your bank account Full Name must match your ID and Profile informed on your CoinField account, as we do NOT ALLOW funds being requested or sent to third-party accounts. If you try to send funds from your account to another third party from CoinField, we hold the right to cancel or freeze the account until further investigation.
SEPA withdrawal can take up to 48 hours for processing time (CoinField processing) and up to another 48 hours for withholding time (bank processing to your account). For weekend requests, in case you don't receive your funds within the combined time frame mentioned above, please allow until 1-8 business hours on the next business day.
You should see the funds available within the suggested time frame. However, If you have been waiting for the transaction to credit to your account longer than the suggested time frame (processing + withholding times), we encourage you to contact your Financial Institution for further assistance as they can set a hold on funds according to their internal procedures.
¹ Please note that your withdrawal request is subject to fees, processing & withholding times which are listed on our Transfer Fee Page. Be advised that any third party extra fees charged is not under CoinField responsibility, as we have no control over different Banks and Financial Institutions.
Modified on: Thu, 10 Feb, 2022 at 3:19 AM
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