1. Simply log into your ICONOMI account and select the ”Withdraw” page, then choose the euro option.
2. On the next screen, enter the amount you want to withdraw and from the drop down menu and select a bank account you want to withdraw to.
Note: To withdraw euros (EUR) from your ICONOMI account to your bank account you first need to make a deposit your ICONOMI account from the bank account you want to withdraw to. After you make your first deposit, the bank account will be whitelisted and automatically added to the drop-down menu of your bank accounts.
3. Click ”Preview” and confirm the transaction.
4. Two additional confirmations are needed to complete the withdrawal: Two-factor authentication (2FA) and email confirmation.
When the withdrawal is confirmed, euros will be transferred from your ICONOMI account to the receiving bank account. At the moment, only SEPA withdrawals are possible.
Note: Withdrawals are only possible with 2FA enabled!
It may take up to 3 business days for the recipient to receive the SEPA payment. This is due to banks requiring “2-3 business days to receive and process the payment."
Please read the Withdrawal options & Fees article for additional information about each supported asset.