Withdrawing United Arab Emirates Dirham (AED) directly to your local bank account through OKX is a secure and straightforward process designed specifically for UAE-based users. Whether you're accessing your funds for personal use or business needs, OKX supports direct AED bank transfers with clear steps and fast processing times.
This guide walks you through everything you need to know about withdrawing AED using bank transfer—from initiating the withdrawal to verifying your bank account and understanding fees and processing timelines.
Understanding AED Withdrawals on OKX
OKX enables eligible users in the United Arab Emirates to withdraw AED directly to their local bank accounts. This service is part of OKX’s commitment to providing localized financial solutions that align with regional regulations and user needs.
👉 Learn how to securely move your funds today.
Important Notes:
- AED withdrawals are currently only available to UAE customers.
- All withdrawals must go through a verified bank account linked to your OKX profile.
- First-time withdrawals require verification of bank account ownership.
Step-by-Step Guide to Withdrawing AED
You can initiate an AED withdrawal either via the OKX website or mobile app. Both methods are intuitive and secure.
On the Web
- Log in to your account at okx.com.
- Navigate to Assets, then click on Withdraw.
- Select United Arab Emirates Dirham (AED) as your withdrawal currency.
- Choose your preferred withdrawal method, enter the amount, and click Preview Withdrawal.
- Confirm the transaction by entering your authorization code or SMS verification code.
- Click Withdraw to complete the process.
On the Mobile App
- Open the OKX app and go to the Withdraw section.
- Tap Withdraw AED.
- Select your bank account, input the withdrawal amount, and tap Preview Withdrawal.
- Enter your two-factor authentication (2FA) code or SMS code.
- Confirm by tapping Withdraw.
Once confirmed, your request will be processed according to the standard timelines outlined below.
👉 Start your AED withdrawal now with just a few taps.
Bank Account Verification for First-Time Withdrawals
To comply with anti-money laundering (AML) and know-your-customer (KYC) regulations in the UAE, first-time AED withdrawals require verification of your bank account ownership.
How to Verify Your Bank Account
You must make a deposit into your OKX account using the same bank account you intend to use for withdrawals. Once the deposit is successfully processed, your bank account will be automatically verified.
- Why this step matters: Only verified accounts appear as selectable options during withdrawal.
- Unverified accounts: Appear in light grey and cannot be used until verified.
- Verification time: Typically completed within one business day after deposit confirmation.
This one-time verification ensures both regulatory compliance and enhanced security for your transactions.
Fees and Minimum Withdrawal Amounts
Understanding the cost structure helps you plan your withdrawals efficiently.
- Withdrawal fee: 75 AED per transaction
- Minimum withdrawal amount: 200 AED (inclusive of the 75 AED fee)
For example:
- If you wish to receive 200 AED in your bank account, you must initiate a 275 AED withdrawal (200 AED + 75 AED fee).
- Any amount below 200 AED will not be processed.
This fee covers interbank processing and compliance checks, ensuring fast and secure fund delivery.
Processing Time for AED Withdrawals
Processing speed depends on the withdrawal amount and submission timing.
| Transaction Size | Processing Time |
|---|---|
| Up to 50,000 AED | Within 1 business day |
| Over 50,000 AED | Up to 5 business days |
Business Hours: 09:15 – 17:45 GMT+4, Monday to Saturday
Requests submitted outside these hours will be handled on the next business day.
Please note: Delays may occur due to system maintenance or issues with banking partners. OKX notifies users promptly if unexpected downtime affects processing.
Frequently Asked Questions (FAQ)
Why can’t I see the “Withdraw AED” option?
The AED withdrawal feature is only available to users in eligible regions, primarily the UAE. If you're unable to access it, your account may not meet regional eligibility requirements due to location or verification status.
Can I withdraw funds while my bank account verification is pending?
No. You must wait until your bank account has been successfully verified through a deposit before initiating any withdrawal.
How do I know if my bank account is verified?
Once a deposit from your bank account clears into your OKX balance, the account is automatically marked as verified. Verified accounts appear normally in the withdrawal menu, while unverified ones are shown in light grey.
How long does bank verification take?
Most verifications are completed within one business day after the deposit reaches your OKX account. Ensure the deposit comes from the exact same bank account you plan to withdraw to.
What happens if my withdrawal fails?
Failed withdrawals are typically due to incorrect bank details or unverified accounts. In such cases, funds are usually returned to your OKX account within 5–10 business days. Double-check all information before resubmitting.
Where can I check my withdrawal history?
- On the web: Go to Assets > Withdrawal > All withdrawals
- On the app: Tap Portfolio > Transactions, then filter by "Cash Withdraw" type
This allows you to track past transactions, confirm statuses, and manage future withdrawals more effectively.
Final Tips for Smooth AED Withdrawals
- Always ensure your identity and bank details are fully verified before attempting large transfers.
- Keep track of business hours and plan withdrawals accordingly to avoid delays.
- Use the same bank account for deposits and withdrawals to streamline verification.
- Monitor your email and app notifications for updates on transaction status.
👉 Securely transfer your AED now—simple, fast, and reliable.
By following these steps and guidelines, UAE users can confidently withdraw AED from their OKX accounts directly to their local banks. With transparent fees, clear processing times, and strong compliance measures, OKX provides a trusted platform for digital asset management tailored to regional needs.
Whether you're new to crypto or an experienced user, understanding how to navigate local currency withdrawals enhances your overall financial control and flexibility.