Withdrawal is always one of the most interesting topics for our traders. With IQ Option India, there are many options for you to withdraw your investment such as receiving money through a bank card, through a Visa/Master card or via e-wallet. Today, we are going to talk about the withdrawals to the bank cards as they are pretty complicated and cause a lot of questions.
How to withdraw successfully from the first time?
It is important that you withdraw IQ Option to the same bank card or e-wallet which you have used to make a deposit, otherwise, the system will cancel the request, the total amount must not be larger than the deposit made from that card (no amount limits for the e-wallets though). This is one of the security methods being implemented, ensuring the security of the client’s account.
This is quite clear with the e-wallets, if you have deposited from Skrill, then you just withdraw back to it.
In terms of the bank cards: IQ Option has recently added payment by debit / ATM card for your withdrawal process. This means that you do not have to wait for 3 days to withdraw.
Yet, IMPORTANT: once your request is approved, it can take your bank up to 9 working days to process and transfer money to your account; So if you have not received the “Complete” message, it means the money has not arrived yet.
Within the last 90 days, you have been credited $200, you now have $250 on your balance. To withdraw it all you need to apply for two withdrawals: $200 to your bank card and $50 to your e-wallet (Skrill, Fasapay, Neteller,…) or use the Wire Transfer. Please be aware of the $50 fee when using Wire Transfer, so this type of withdrawal should only apply to transactions of $1000 or more.
You have deposited $200 100 days ago, it means you now can only withdraw to the e-wallets because the card withdrawal is only valid for 90 days from your last deposit.
You have deposited from your bank card $200 and $100 from your e-wallet. You need to withdraw $200 to the bank card and then you will be able to withdraw to the e-wallet. Withdrawal to the bank card is always a top priority.
Note: If you receive a bonus when you top up, you should withdraw money when your total transaction amount is equal to Bonus amount multiplied by 35. This means if you get a $50 Bonus then your transaction amount should be 50×35=1750, you should withdraw when your total transaction amount is $1,750. You can also check your required transaction amount will be displayed underneath the amount of money on your balance. When it’s 0, then you can comfortably withdraw.
You can still withdraw before reaching the required transaction amount. However, you will be charged a fee, so you need to pay attention to whether to receive the bonus or not.