Aside from learning how to trade, the second most important element for traders in binary options is how they will get their money. As long as you meet criteria – which are clearly outlined when you sign up – getting your profits should be straightforward. Below you will find all you need to know about Banc de Binary withdrawal information.
Banc de Binary has developed a withdrawal system that is safe and in compliance with CySEC and the FCA where it is registered. For any concerns, clients can contact customer support at any time.
You will need to submit:
- a copy of a Government issued photo identification
- a utility bill (no more than six months old) that is showing your name and address
- a credit card with name and expiration information, as well as the last four digits of your card number – you should conceal all other numbers for security purposes.
If, for any reason, you are unable to submit all three documents, you will need to contact Banc de Binary to see what alternative measures are in place. You can submit your documents via email or through the broker’s documents submission system.
These documents are required upon your first withdrawal request. Unless any of your personal or financial information changes, you will not need to go through this process again.
Minimum withdrawal amount
You must have at least $50 in your trading account before requesting a withdrawal. If you make two withdrawal requests within 48 hours, Banc de Binary may choose to combine the two and issue one payment. There are no fees for requesting a withdrawal.
If you have submitted all necessary documents and Banc de Binary is able to verify your account, your withdrawal should be issued in a timely manner, according to your withdrawal method (varies from 2 to 7 days on average).
You can choose to withdraw via credit or debit card, bank wire transfer, Moneybookers, or AlertPay.