Wire Withdrawals

How do I submit an outgoing wire transfer from my Webull account?

You can submit an outgoing wire transfer from Webull to your personal bank account on file. Before initiating a withdrawal, please note the following:

Wire fees

• Outgoing domestic wire fee is $25.
• Outgoing international wire fee is $45.
• Returned outgoing wires will incur a $30 fee per transaction.

Please be aware that additional charges may be incurred by your originating bank and any intermediary banks involved.

Can I submit an outgoing wire transfer to a third-party account?

No. Outgoing wire withdrawals cannot be sent to any third-party account (such as a trust, entity, or any bank account not in your name). If your Webull account was funded via a wire transfer from a third-party bank account, those funds must be withdrawn via ACH back to the originating bank account. They cannot be withdrawn through an outgoing wire.

Is there a limit to how much I can withdraw via wire transfer?

No, there is no limit on the amount you can withdraw. This is different from ACH withdrawals, which are limited to $50,000 per day.

How long does an outgoing wire transfer take?

Domestic wire transfers can be completed same day, but are typically completed within 1-2 business days. International transfers may take up to 5 business days. To avoid delays or additional charges, make sure to carefully verify the recipient’s account information. Incorrect details may lead to the transfer being reversed and could incur extra fees.

How do I initiate a wire transfer out of Webull?

App:

1. Tap the Webull logo (bottom center) and select your account.
2. Next, tap Transfers ➝ Transfer Money.
3. Enter withdrawal amount.
4. Tap the double arrow icon to switch the transfer direction. To withdraw funds from your Webull account, ensure that the "To:" field shows your external bank account.
5. Tap Choose an Account ➝ Wire.
6. Enter bank information.
7. Tap Submit.

Desktop:

1. Hover over the icons on the left and click Account (if hidden, click on More).
2. Within the Banking widget, select Withdraw. This will guide you to the Transfer Money page on the web.
3. Choose the Wire method in the To field.
4. Enter bank information.
5. Select Review. Once reviewed, click Submit to complete the wire.

Web:

1. Navigate to My Account (top right).
2. Select Transfer Money.
3. Tap the switch icon to switch the transfer direction, to withdraw funds from your Webull account.
4. Choose the Wire method in the To field.
5. Enter bank information.
6. Select Review. Once reviewed, click Submit to complete the wire.

How do I initiate a wire transfer to another brokerage?

To initiate a wire transfer to another brokerage, please contact our support team and provide both a recent account statement from the receiving brokerage and their wire instructions. Please note that certain requests may not be eligible for processing.