How do I withdraw money from Luno to my bank account?

If you’d like to cash out your local currency wallet, here are steps to withdraw money from Luno to your bank account.

How to withdraw money

Check you're signed in to your Luno account.

  1. Choose Wallets from the menu

  2. Select your local currency wallet and then WITHDRAW

  3. Select your bank account (if you haven't linked a bank account yet, you'll be prompted to do that)

  4. Enter the amount you’d like to withdraw and select NEXT

  5. You’ll see a screen showing your withdrawal amount and fee. Select CONFIRM to complete your withdrawal

  6. Enter your Luno PIN (if you’re using the mobile app) and you’re all done

We process withdrawals every business day, excluding weekends and public holidays. Some banks will clear the payments within a few hours, while with others it can take up to two business days. Sadly this turnaround time is out of our control.

Tip

Find out more about withdrawal cutoff and processing times by checking out our withdrawal schedule.

Share this article

Did this article help?

Thank you!

We value your feedback