Binance Fiat Withdrawal Fees

Binance is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade various digital currencies. One important aspect to consider when using Binance is the fees associated with fiat withdrawals. In this article, we will discuss the fees that you may encounter when withdrawing fiat currencies from your Binance account.

Fiat Deposit/Withdrawal Fees

When it comes to fiat deposits and withdrawals, you may be charged fees by both the originating bank and the recipient bank. These fees are not determined by Binance but are instead set by the banks involved in the transaction. Let’s take a closer look at the possible fees:

Deposit via Bahtnet

If you choose to deposit using Bahtnet, the fee structure is as follows:

• The originating bank may charge a fee of THB 150.
• The recipient bank may also charge an additional fee of THB 100.

It’s important to note that these fees are subject to change and may vary depending on your agreement with the originating bank.

Deposit via other methods

If you opt for a deposit method other than Bahtnet, the fee will be determined based on the agreement between you and the originating bank. It’s essential to review the terms and conditions of your bank regarding deposit fees.

Please keep in mind that these fees are imposed by the banks and not by Binance. As a result, Binance reserves the right to credit your account with the amount received after deducting any applicable bank fees.

It’s also worth mentioning that in addition to the fees charged by Binance, your recipient bank may impose additional fees according to their own rates.

For more details on fiat deposit and withdrawal processing times, we recommend referring to the Fiat Deposit and Withdrawal Processing Time on the Binance website.

Now that you are aware of the potential fees associated with fiat withdrawals on Binance, you can make informed decisions when managing your cryptocurrency transactions. Remember to always review the terms and conditions provided by your bank and stay up to date with any changes that may occur.

Happy trading!