How to withdraw funds from EdWallet to a bank account

Last updated: May 6, 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

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

Business weekdays only (Mon-Fri excluding holidays).


Source: https://help.edvisor.io/edwallet/withdrawals