How to withdraw funds from EdWallet to a bank account

Last updated: October 27, 2026

EdWallet withdrawals: New Transaction > Withdrawals > select bank + currency account + amount + email verification code. Same-currency any day no fee, different-currency weekdays only 0.8% FX. Processing: Brazil 4-6 days, Mexico/Euro same day, Colombia 5-10 days.

Move funds from EdWallet to the agency's company bank account.

Prerequisite

Bank account must be added to EdWallet first.

Steps

  1. Click + New Transaction at the top of EdWallet.

  2. Select Withdrawals.

  3. Choose the bank account to receive funds.

  4. Choose the currency account to withdraw from. Same-currency withdrawals only (e.g. CAD to CAD).

  5. Enter the amount.

  6. Click Send Payout.

  7. Verify with email code (sent to the EdWallet account email).

Withdrawal restrictions

Type

When allowed

Fees

Same currency (e.g. CAD to CAD)

Any day

No fee

Different currency (e.g. CAD to MXN)

Weekdays only (Mon-Fri)

0.8% FX spread

Different-currency withdrawals are restricted to weekdays due to global banking operation times.

Manage withdrawals

Go to Wallet > Withdrawals in the left-side menu to see all completed withdrawals.

Processing times

Market

Estimated time

Brazil

4-6 days

Mexico

Same day

Colombia

5-10 days

Euro + all other currencies

Same day

Business weekdays only (Mon-Fri excluding holidays).