Withdraw from Peanut to Your Bank Account
Free withdrawals via SEPA or ACH. SEPA arrives in under 20 minutes, ACH in 1-3 business days.
Need to move your Peanut balance to your bank? You can withdraw to any bank account in the United States (via ACH) or across 41 SEPA zone countries in Europe (via SEPA). Withdrawals are free from Peanut, with no minimum amount. SEPA transfers arrive in under 20 minutes for 90% of users, while ACH transfers take 1 to 3 business days.
Before You Start
Info
Before you can withdraw to a bank account, make sure you have the following:
- A verified Peanut account. Bank withdrawals require identity verification. You will need a passport or national ID card, and the process takes under 2 minutes for most users. See the verification guide for details.
- A bank account in a supported region. SEPA withdrawals support 41 European countries. ACH withdrawals support the United States.
- Your bank details ready. For SEPA, you will need your IBAN. For ACH, you will need your routing number and account number.
- Name match. The name on your bank account must match the name on your Peanut account.
You can save multiple bank accounts in the app, so you only need to enter your details once.
SEPA Withdrawal (Europe, EUR)
SEPA Withdrawal
- 1
Open the app
Open the app and tap Withdraw.
- 2
Select Bank Transfer
Select Bank Transfer and choose SEPA.
- 3
Enter or select your saved bank account
If this is your first withdrawal, enter your IBAN. The name on the account must match your Peanut account.
- 4
Enter the amount
Enter the amount you want to withdraw. The app displays the amount in USD equivalent.
- 5
Review the details
Confirm the destination bank, amount, and estimated arrival time.
- 6
Confirm the withdrawal
Peanut initiates the SEPA transfer.
- 7
Funds arrive
Funds arrive in your bank account. 90% of SEPA withdrawals arrive in under 20 minutes. Maximum processing time is 1 business day.
ACH Withdrawal (United States, USD)
ACH Withdrawal
- 1
Open the app
Open the app and tap Withdraw.
- 2
Select Bank Transfer
Select Bank Transfer and choose ACH.
- 3
Enter or select your saved bank account
If this is your first withdrawal, enter your routing number and account number. The name must match your Peanut account.
- 4
Enter the amount
Enter the amount you want to withdraw.
- 5
Review the details
Confirm the destination bank, amount, and estimated arrival time.
- 6
Confirm the withdrawal
Peanut initiates the ACH transfer.
- 7
Funds arrive
Funds arrive in your bank account within 1 to 3 business days. ACH only processes on business days, so transfers initiated on weekends or holidays will begin processing on the next business day.
Fees and Limits
Peanut charges no fees on bank withdrawals. There is no minimum withdrawal amount and no maximum per transaction.
| Detail | SEPA (Europe) | ACH (United States) |
|---|---|---|
| Fee | Free | Free |
| Minimum withdrawal | None | None |
| Maximum withdrawal | None | None |
| Currency | EUR | USD |
Transactions above $100,000 may trigger a manual review for additional verification, but there is no hard cap on how much you can withdraw.
For users in Latin America (Argentina, Brazil), fiat operations are subject to a combined $2,000 USD monthly limit across deposits, withdrawals, and payments. This limit can be increased with additional documentation.
For the complete fee schedule, see the pricing page.
Processing Times
How quickly your withdrawal arrives depends on which rail you use and when you initiate it.
SEPA
- Typical processing time: Under 20 minutes (90% of transfers).
- Maximum processing time: Up to 1 business day.
- Business days only: Yes. Transfers initiated outside business hours may take longer.
- Tip: If your bank supports SEPA Instant, your withdrawal may arrive even faster.
ACH
- Typical processing time: 1 to 3 business days.
- Business days only: Yes. ACH does not process on weekends or US federal holidays.
- Tip: Initiate your withdrawal early in the day on a weekday for the fastest processing.
If a bank withdrawal fails for any reason, your balance is automatically re-credited — usually within 1 day. You cannot cancel a pending withdrawal once it has been confirmed.
Frequently Asked Questions
How long does a bank withdrawal from Peanut take?
SEPA withdrawals to European bank accounts arrive in under 20 minutes for 90% of transfers, with a maximum of 1 business day. ACH withdrawals to US bank accounts take 1 to 3 business days. Processing only happens on business days for both methods.
What fees does Peanut charge for bank withdrawals?
Peanut charges no fees on bank withdrawals. The withdrawal is completely free. Your bank may charge its own incoming transfer fees, but most banks accept SEPA and ACH deposits at no cost.
What is the minimum withdrawal amount?
There is no minimum. You can withdraw any amount from your Peanut balance to your bank account.
Can I withdraw to a bank account from any country?
Bank withdrawals are available to SEPA zone countries (41 European countries) in EUR, and to the United States in USD via ACH. You must have a bank account in one of these regions to withdraw via bank transfer. If you are outside these regions, you can withdraw to a wallet instead.
What happens if my bank withdrawal fails?
If a withdrawal fails — for example, due to incorrect bank details — your Peanut balance is automatically re-credited. This typically happens within 1 day. You cannot cancel a pending withdrawal once it has been confirmed.
Related Pages
- Withdraw via ACH (US) — detailed guide for US bank withdrawals
- Withdraw to Solana — withdraw to a wallet on the Solana network
- Withdraw to Arbitrum — withdraw to a wallet on the Arbitrum network
- Deposit via SEPA — fund your Peanut account from a European bank