Wallbit’s global account allows you to send funds to third-party bank accounts and digital wallets (accounts that are not in your name) in the following currencies and assets:
U.S. dollars
Euros
Local currencies (Argentine pesos, Brazilian reais, Peruvian soles, etc.)
USDC
USDT
Below, we explain which types of transfers you can make to accounts that are not in your name.
United States (USD)
Available methods: ACH, wire and FedNow transfers.
Sending to third parties: Enabled. You can send USD to third-party bank accounts within the U.S. banking system.
Receiving from third parties: Enabled. You can receive ACH and wire deposits from third-party accounts.
Europe (EUR)
Available method: SEPA network.
Sending to third parties: Enabled. You can make outgoing transfers to European accounts held in the name of other individuals or businesses.
Receiving from third parties: Not enabled. You cannot receive SEPA transfers from third-party accounts; all euro deposits must come exclusively from a bank account in your name.
Latin America (local currencies)
Available methods: Withdrawals and transfers to local accounts in your local currency.
Sending to third parties: Enabled. You can send funds to third-party bank accounts in local currency in the following countries:
Argentina
Brazil
Colombia
Peru
Cryptocurrencies (Stablecoins)
Supported currencies: USDT and USDC.
Sending and receiving with third parties: Enabled. You can send and receive funds to and from wallet addresses or platforms belonging to third parties through the supported networks*.
* Before confirming a transaction, make sure the network exactly matches the network used by the receiving wallet. Using the wrong network may result in the total and permanent loss of your funds.
** Never send funds to a "contract token" address. Always use the wallet address.
If you need further assistance or have any additional questions about the withdrawal process, please don’t hesitate to contact our support team.