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Last updated: 18 Feb 2025
Instant Bank Transfer on Binance lets users make fast and secure payments directly from their bank accounts. This involves sharing your banking data with approved third-party apps through secure connections (APIs), but only with your permission. With this feature, you can make payments quickly, confirm bank account ownership, and even enjoy one-click payments and instant withdrawals.
Let's see how to withdraw EUR via Instant Bank Payment on the Binance website:
1. Log in to your Binance account. Click [Buy Crypto].
2. Select [Withdraw Fiat].
3. Click [Withdraw] and choose [EUR] from the drop-down menu, and click [Instant Bank Payment].
If you haven’t connected your Binance account to your bank account, please refer to "How to Deposit EUR with Pay by Bank App?" to set it up.
4. Enter the amount you want to withdraw and click [Continue].
5. Review the order details carefully before clicking [Confirm].
Note: The bank account that will receive the withdrawal must be owned by the same person as your Binance account. Your EUR withdrawal orders will be processed within 1 - 7 business days.
6. Verify with passkey or 2FA and your withdrawal will be processed. You can click [View History] to check the withdrawal record.
For more information regarding deposits, please refer to "How to Deposit EUR with Pay by Bank App?".
To learn more about buying crypto on Binance, visit FAQ: How to Buy Crypto with Credit/Debit Cards.
