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What are the wire transfer fees for withdrawing funds from a cryptocurrency exchange to a Citibank account?

avatarFulton HerreraDec 27, 2021 · 3 years ago3 answers

I would like to know the wire transfer fees associated with withdrawing funds from a cryptocurrency exchange and transferring them to a Citibank account. Can you provide me with the details?

What are the wire transfer fees for withdrawing funds from a cryptocurrency exchange to a Citibank account?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The wire transfer fees for withdrawing funds from a cryptocurrency exchange to a Citibank account vary depending on the exchange and the amount being transferred. It is recommended to check with the specific exchange for their fee schedule. Some exchanges may charge a flat fee, while others may charge a percentage of the transferred amount. Additionally, Citibank may also have their own fees for receiving wire transfers. It is advisable to contact Citibank directly to inquire about their fees for receiving funds from a cryptocurrency exchange.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to wire transfer fees for withdrawing funds from a cryptocurrency exchange to a Citibank account, it's important to consider the specific exchange you are using. Different exchanges have different fee structures, and it's always a good idea to review their fee schedule before initiating any transfers. Additionally, Citibank may also have their own fees for receiving wire transfers. It's recommended to reach out to both the cryptocurrency exchange and Citibank to get a clear understanding of the fees involved in the transfer process.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand that transparency is key when it comes to fees. While we can't provide specific details about wire transfer fees for withdrawing funds from a cryptocurrency exchange to a Citibank account, we encourage you to reach out to your chosen exchange for accurate information. It's important to consider that fees can vary depending on the exchange and the amount being transferred. Additionally, Citibank may have their own fees for receiving wire transfers. We recommend contacting both the exchange and Citibank directly to get a comprehensive understanding of the fees involved.