Exchange

GBP Faster Payments Withdrawals

Verifying a Bank Account

Before you can withdraw, you will first need to have successfully verified your bank account on Coinbase Exchange. All verified accounts appear in your banking tab.

To verify an account, you will need to complete a successful Faster Payments deposit to your Coinbase account. Please note that you will not need to enter any bank credentials on Coinbase to complete verification.

See the Related Articles for instructions on Faster Payments deposits and bank account verification.

Withdrawing with Faster Payments

To withdraw GBP from your Coinbase account:

  1. Select Portfolio after signing in

  2. On the right-hand side, select Withdraw > GBP > UK Bank Transfer

  3. Select the receiving bank account under To

  4. Enter the amount you’d like to withdraw

  5. Confirm the amount and select Withdraw

Fees

There is no fee charged by Coinbase for Faster Payments.

Timing

Funds will appear in your account 1-3 business days after the deposit is initiated from your bank. 

If funds are not received after 3 business days or you are having trouble verifying your account, please contact Coinbase Exchange support.

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