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Things you need to know about withdrawals

As with any service, there are a few basic requirements in linking your bank account to your Luno wallet and requesting withdrawals:

  1. Withdrawals must be made to a bank account that belongs to the same person who owns the Luno wallet. The bank account must be in your name.

  2. You may not withdraw money into a friend or family member’s bank account

  3. If you wish to use a company bank account to make withdrawals from Luno, please apply for a company account at Luno


These are basic pointers but there is more information available on our terms of use.


Related articles

Linking your bank account to Luno

How do I withdraw money from my Luno wallet?

How long until my deposit or withdrawal is processed?

 


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