OANDA Australia: withdraw funds

 
Residents of Australia, Latin America and the Caribbean. If you are a resident of another region, click on withdraw funds to select another region.
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  • • We sometimes may need to contact you about your withdrawals. Please keep an eye on your email (including your junk folder) in case we have sent you an email
  • • Whenever you request a withdrawal, please ensure that there are sufficient funds remaining in your OANDA account to prevent margin calls on your existing trades
  • • Withdrawals are subject to our hierarchy rule. If you have deposited using multiple methods, you must exhaust the total original deposit amounts in the following order:
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  1. 1. Credit/debit card
  2. 2. Bank transfer (including internet banking transfer)

Methods 
  1.  
  2. 1. Credit/debit card
  3. 2. Bank transfer (including internet banking transfer)

1. Credit/debit card
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  • • The total amount you can withdraw to your debit card(s) cannot be more than the total amount you deposited from those cards
  • • Any funds remaining in your account after you have withdrawn the full amount you had originally deposited by debit card (e.g. trading profits) may instead be withdrawn by an alternative method, such as bank wire transfer

When will I get my money?
  •  
  • • Within 1-6 business day
 We do our best to process your request as quickly as possible, but please consider that the following may also affect processing times:
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  • • Withdrawals to debit cards are only processed after all your debit card deposits have cleared. This on average takes around 5-6 business days from the date of your deposit
  • • Your debit card provider may take additional time to complete your withdrawal
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 Debit card
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  • • No fees
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Withdrawal fees
Credit card
Account currency 
First withdrawal (*fee) processed within calendar month
Additional withdrawals processed within calendar month
AUD 
No fee
AUD $20
SGD
No fee
SGD $20
HKD
No fee
HKD $150
USD
No fee
USD $15
JPY
No fee
JPY ¥2,000
GBP 
No fee
GBP £10
EUR 
No fee
EUR €20
CHF
No fee
CHF $20
CAD 
No fee
CAD $15

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2. Bank transfer (including internet banking transfer)

Withdrawals by bank transfer must be:
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  • • Processed to bank accounts registered to the same person (or entity) and country of residence as the OANDA account holder
  • • The name(s) and address on your OANDA account must match the name(s) and address on the bank account you would like the withdrawal to be processed to
  • • Processed to the same country, in the same currency as the original deposit.
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*Please note: if you are withdrawing to a bank account that you had previously not made any deposits from, we will need confirmation that you are the owner of the bank account. If we are unable to confirm your details from the wire transfer, we will request a bank statement via email. You can also upload supporting documents here.

When will I get my money?
Bank transfer
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  • • Within Australia: 1-2 business days
  • • International: up to 5 business days
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Internet banking transfer
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  • • 2-3 business days
*Please note: your financial institution may take additional time to complete your withdrawal.

Withdrawal fees
Bank transfer
Account currency 
First withdrawal processed within calendar month
Additional withdrawals processed within calendar month
AUD 
For AUD (Domestic) transfers there is no fee, regardless of how many withdrawals are done in a month.

For AUD International transfers there is a 20 AUD fee for the first transfer that takes place in a month.
For AUD International transfers there is an additional 40 AUD fee that will occur for all additional transfers that occur within a single month.  
SGD 
No fee
No fee
HKD
HKD $150
HKD $300
USD
USD $20
USD $35
JPY
JPY ¥2,000
JPY ¥4,000
GBP 
GBP £10
GBP £20
EUR 
EUR €20
EUR €35
CHF
CHF $20
CHF $40
CAD 
CAD $20
CAD $40

Internet banking transfer
  • • No fees
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Please note (AUD only): domestic AUD transfers sent to Australian bank accounts will post a fee when you request a withdrawal, but this will be removed during processing.

Credit/debit card
Bank transfer
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