common-close-0
BYDFi
Trade wherever you are!

Do I have to pay any fees when transferring funds from Coinbase to my bank account?

avatarMo LiDec 17, 2021 · 3 years ago3 answers

I want to transfer funds from my Coinbase account to my bank account. Will I be charged any fees for this transaction?

Do I have to pay any fees when transferring funds from Coinbase to my bank account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, Coinbase charges fees for transferring funds from your Coinbase account to your bank account. The fees vary depending on the country and the payment method you choose. It's important to check Coinbase's fee schedule to understand the specific charges for your transaction. Keep in mind that fees may also be charged by your bank for receiving the funds.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, yes. Coinbase does charge fees for transferring funds to your bank account. The fees can range from a flat fee to a percentage of the transaction amount. It's best to review Coinbase's fee schedule to get the most accurate information on the fees you'll be charged. Additionally, your bank may also charge fees for receiving the funds, so it's important to consider both sets of fees before making the transfer.
  • avatarDec 17, 2021 · 3 years ago
    When transferring funds from Coinbase to your bank account, you may incur fees. Coinbase charges a fee for this service, which can vary depending on your location and the payment method you choose. It's always a good idea to check Coinbase's fee schedule to understand the specific charges for your transaction. Additionally, keep in mind that your bank may also charge fees for receiving the funds. Overall, it's important to consider both sets of fees before initiating the transfer.