How to Withdraw via Wire

Overview

*Backpack charges no fee for sending or receiving USD wires. Your intermediary / receiving bank may apply its own charges, which are outside our control.

Prerequisites

• ✅ Verified Backpack Exchange account

• ✅ Available USD balance in Backpack Exchange

• ✅ Your Bank Account Number

Step-by-Step Guide

Log in to Backpack and Open Withdrawal Menu

• Log in to Backpack.exchange.

• Click on Withdraw

• Select Cash (USD).

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.

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.

Track Your Funds

• Funds typically arrive in your bank account within 1–3 business days.

• If the funds haven't arrived after 3 days, contact Backpack Support and provide your withdrawal reference.

🎉 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 [email protected]. Please include your withdrawal reference for quicker support.