Withdrawing United Arab Emirates Dirham (AED) from your digital asset account to a local bank account is a straightforward process when you're using a trusted platform. For users in the UAE, this functionality enables seamless conversion of digital funds into local currency, supporting everyday financial needs and investment management. This guide walks you through the complete process of withdrawing AED via bank transfer, including verification steps, fees, processing times, and frequently asked questions.
Whether you're accessing your account through a web browser or mobile app, the steps are intuitive and secure. We’ll also cover essential requirements and best practices to ensure your transaction goes smoothly.
How to Withdraw AED: Step-by-Step Guide
To initiate an AED withdrawal, you must have an active account with verified identity and a linked bank account. The service is currently available exclusively to UAE-based customers due to regional compliance regulations.
On the Web
- Log in to your account at OKX. Navigate to Assets, then click Withdraw.
- Select United Arab Emirates Dirham (AED) as the withdrawal currency.
- Choose your preferred withdrawal method, enter the amount you wish to withdraw, and click Preview withdrawal.
- Confirm the details and enter your two-factor authentication (2FA) code or SMS verification code.
- Click Withdraw to finalize the transaction.
👉 Learn how to securely manage your first AED withdrawal with step-by-step guidance.
On the Mobile App
- Open the OKX app and go to the Withdraw section.
- Tap Withdraw AED to begin the process.
- Select your bank account, input the withdrawal amount, and tap Preview withdrawal.
- Enter your authorization code sent via SMS or generated by your 2FA app.
- Confirm by tapping Withdraw to complete the transfer.
Both methods offer end-to-end encryption and real-time status updates, ensuring transparency and security throughout the transaction.
First-Time Withdrawal & Bank Account Verification
Before making your first AED withdrawal, you must verify ownership of the receiving bank account. This step is mandatory to comply with UAE financial regulations and anti-money laundering (AML) policies.
How Verification Works
You can verify your bank account by depositing a small amount from your personal UAE bank account into your OKX beneficiary account using a local bank transfer. Once the deposit is successfully processed, your bank account will be marked as verified and eligible for withdrawals.
- Accounts displayed in light grey in the withdrawal menu are unverified and cannot be used until confirmed.
- Only verified accounts appear as selectable options during the withdrawal process.
This one-time verification ensures that funds are sent to accounts under your control, enhancing security and regulatory compliance.
👉 Discover how to quickly verify your bank account for faster AED withdrawals.
Key Details: Fees, Limits & Processing Times
Understanding the financial and logistical aspects of AED withdrawals helps you plan transactions effectively.
Withdrawal Fee
- A flat fee of 75 AED applies to every bank transfer withdrawal.
- The minimum withdrawal amount is 200 AED, which includes the fee. This means the smallest net amount you can receive is 125 AED after fees.
Processing Time
- Withdrawals of 50,000 AED or less are typically processed within 1 business day.
- Amounts exceeding 50,000 AED may take up to 5 business days to complete.
- Processing occurs during business hours: 09:15 – 17:45 GMT+4, Monday to Saturday.
- Requests submitted outside these hours will be handled on the next business day.
Potential Delays
Occasional delays may occur due to:
- System maintenance on the platform
- Technical issues with banking partners
- High-volume transaction periods
In such cases, you’ll receive notifications through your account dashboard or email.
Frequently Asked Questions
Why can’t I see the “Withdraw AED” option?
The AED withdrawal feature is only available to users in specific regions, primarily the UAE. If you're unable to access it, your account may not meet regional eligibility requirements due to location or verification status.
Can I withdraw funds while my bank account verification is pending?
No. You must wait until your bank account has been successfully verified through a qualifying deposit before initiating any withdrawals.
How do I know if my bank account is verified?
Once a deposit from your bank is successfully credited to your OKX account, your bank details are automatically verified. Verified accounts will appear in full color and be selectable during withdrawal.
What is the minimum and maximum withdrawal amount?
The minimum withdrawal is 200 AED (including the 75 AED fee). There is no stated maximum limit; however, large transactions may require additional review time.
Are there any hidden charges besides the 75 AED fee?
No. The 75 AED fee is the only charge applied by OKX for AED bank transfers. Your bank may impose separate incoming transfer fees—check with your financial institution for details.
When will my money arrive in my bank account?
Most transfers are completed within one business day if submitted during operational hours. Weekends and public holidays in the UAE may extend processing times slightly.
👉 Get instant support for your AED withdrawal queries and speed up your transaction today.
Final Tips for Smooth AED Withdrawals
To ensure fast and secure transactions:
- Always double-check bank details before confirming a withdrawal.
- Keep your 2FA and phone number updated for timely verification codes.
- Make small test withdrawals before large transfers.
- Monitor your withdrawal history regularly for accuracy.
By following these guidelines, UAE residents can confidently move funds between their digital accounts and local banks with minimal friction.
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