# How to Withdraw via Wire

## Overview

| Item                   |                                                      |
| ---------------------- | ---------------------------------------------------- |
| **Currency**           | USD via SWIFT                                        |
| **Minimum Withdrawal** | 100 USD                                              |
| **Processing Time**    | Typically 1–5 business days                          |
| Fees                   | Tier-based — see **Wire fee schedule** below Updated |

{% hint style="info" %}
Wire fees depend on your tier. Each tier includes a set number of free wires per 30-day period; higher tiers earn more free wires and lower transaction fees. **Your receiving/intermediary bank may apply its own charges, which are outside our control.**
{% endhint %}

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## Prerequisites

* ✅ **Verified Backpack Exchange account**
* ✅ **Available USD balance in Backpack Exchange** 
* ✅ **Your Bank Account Number**

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## Wire fee schedule

Higher tiers get more free wires per month and reduced fees on large transfers.

<figure><img src="https://1790800155-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3kiM6CAFBZoTCJcZ8X7k%2Fuploads%2FzHvfkEoefge5qnQ1MGSQ%2Fimage.png?alt=media&#x26;token=d29dd9ab-bbab-41fc-b8db-ef65a8a07ebe" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
***Important Notes:***

* **Fee tiers are recalculated hourly, and your VIP status is updated accordingly.**
* **Effective tier is determined based on your BP Stake, trading volume and pre-TGE Mad Lad NFT holding, whichever tier is highest.**
* **Our USDT/USDC trading pair is subject to a 0% fee, which means that trades on this pair do not count toward your 30-day volume requirements for fee tier upgrades.**
  {% endhint %}

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## Step-by-Step Guide

### Log in to Backpack and Open Withdrawal Menu

* Log in to [Backpack.exchange](https://backpack.exchange/).
* Click on **Withdraw**&#x20;

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcGdUplVM_ltqgF9YmIUG0j_XYBClATvzYCpBYIwCGlMKVdwKnBjAeSqDN6i5WE-HLuAVgnGAsIyXV74KXdb11x2xK86o6Vwfi7ybB-3DhIP0ZN5t1jDQ1iyXNGmdGEZgjpZnmmfw?key=eaNSr6kZABRUBYvUjpI0kw" alt=""><figcaption></figcaption></figure>

* Select **Cash (USD)**.

<div align="left"><figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcMAtbMeORajy-HhtbeVPdUatKa9x7yi2Pl61mMvVwm3OHk_joCz3_bOjxayFztnjQlIUAnfKxgqY113E76a_wDZbKZrEsXiyC6TedDAFgzeJyxaJ1XZaDMxzxL2wQMYokGB0fYtg?key=eaNSr6kZABRUBYvUjpI0kw" alt="" width="375"><figcaption></figcaption></figure></div>

**Add or select a bank account**

* If you haven’t added a recipient before, click  **"Select Recipient"** → click **Add Bank Account** :
  * Recipient country
  * Bank identifier type
    * SWIFT/BIC for most international wires
    * Sort code (UK/Ireland only)
  * SWIFT/BIC code *or* Sort code (depending on your choice)
  * Account number
  * Recipient details:
    * Type (Individual / Business)
    * Name, address, city, postcode
  * Bank details:
    * Bank name, branch address, city, postcode, country
  * (Optional) Intermediary bank SWIFT/BIC
* Click Add bank account to save.

<div align="left"><figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfvxzFdbgzqBsWMSfvoJc2Tkk-XTYCmIz7EI5wpbxgpIdGTysqIC_bAOetfvvx-4hYQpfb5SifSy4_DPKSlCXW1IOGluJ-gWQMjBsujMDapdm-jnH0uRH8PmV6OHEQFcvWLuuig?key=eaNSr6kZABRUBYvUjpI0kw" alt="" width="375"><figcaption></figcaption></figure></div>

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### Submit Your Withdrawal

* Enter the withdrawal amount (**Minimum: USD 100**).
* Select the **account** you wish to withdraw from (if applicable).
* Choose your saved **bank account** from the recipient list.
* Click **Continue**.
* Complete **2-factor authentication** to confirm and submit your withdrawal.

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### Track Your Funds

* Funds typically arrive in your bank account within **1–5 business days**.
* If the funds haven't arrived after **5 business days**, contact Backpack Support and provide your withdrawal reference.

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🎉 **That's it!** Your USD withdrawal is now on its way to your bank account.

Need assistance? Our support team is always here to help at <support@backpack.exchange>. Please include your withdrawal reference for quicker support.