Withdraw to a bank
Move digital dollars to a bank account. Check the amount the bank should receive and the quote before you confirm.
Use bank withdrawal to move money from Peanut into your own account or pay a recipient on a route that allows it. Choose the bank and currency in the app, then review the transfer.
Check the route
Bank routes include:
| Destination | Minimum | Typical timing |
|---|---|---|
| EUR · SEPA | $1 equivalent | 90% under 20 minutes; up to 1 business day |
| USD · ACH | 1 USD | 1–3 business days; same-day ACH also available |
| USD · wire | 21 USD | Same-day estimate |
| MXN · SPEI | 50 MXN | Usually seconds |
| GBP · Faster Payments | 3 GBP | Usually seconds |
A COP bank-transfer option also exists; use the current app for availability and its 4,000 COP minimum. Do not assume the timing of another route applies to it.
Make a bank withdrawal
- 1
Open bank withdrawal
In Peanut, open Withdraw → Bank Transfer. Enter the destination details or choose a saved bank account.
- 2
Enter the bank amount
For EUR, GBP, MXN or COP, enter the amount the bank should receive. The app shows “≈” because the final rate can move before processing. For USD, enter the dollar amount and choose standard ACH, same-day ACH or wire.
- 3
Review the quote
Check the destination, digital dollars leaving your balance, bank amount, exchange rate, fee and estimated arrival. Add an optional statement reference if needed.
- 4
Confirm and track
Confirm the transfer and keep the receipt. Wait for the bank to credit it; the arrival estimate is not a guaranteed deadline.
Costs and arrival
Standard and same-day ACH have no Peanut fee or currency-conversion cost on the USD route. A USD wire has a $20 flat fee, deducted from the amount sent, with a $21 minimum.
For non-USD bank transfers, conversion costs are included in the exchange rate. Peanut adds no separate bank-transfer fee on these routes. The receiving bank may charge its own fees.
Good to know
Bank withdrawals require identity verification and residence-based access. A destination bank’s country alone does not establish access. Check the options offered in your app. Third-party accounts are supported on SEPA, ACH, SPEI and Faster Payments. Do not assume the same for USD wire or COP. Local ARS/BRL withdrawals require local residence, tax ID and your own eligible account.
If a transfer is missing, check its status and keep the amount, time, destination details and receipt. Follow the bank withdrawal help guide; do not send again just to resolve an unclear status.