72 Option Withdrawal

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72 Option Withdrawal

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Withdrawal still pending after 72 hours

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Hi I am new to PayPal as someone reccommended it was a faster way to receive payments. I won some money which the company paid to PayPal on same day however I withdrew to my bank account on Saturday at 8am it’s now Tuesday at 8am and it still says pending. I have bills to pay and want my money. PayPal have the worst customer service no live chat to discuss your issues I wish my friend had kept her recommendations to herself fuming is an understatement. PayPal are a disgusting dishonest company that use others money to gain interest its legal theft. DISGUSTING however even as I am writing this I know it will be ignored by PayPal

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Snap! I’v been using PayPal for many years with no problems but I also withdrew money on Saturday and it’s still not in my bank account. Usually it’s in within 2 hours or almost instantly but not this time. Like you I cannot find a direct number to talk to anyone, just a stupid drop down list which doesn’t help. If paypal are reading these posts – come on give us your number .

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I have been waiting for my payments since the 6th, I have customers waiting for me to post items, I have just spent another 20 minutes on the phone to Pay Pal to complain about this (08003587911) and had to almost wring the girls neck to get her to give me a straight answer. Apparently there is either a “system upgrade” or a “glitch in the system” I couldn’t hold her down to which it actually was, absolutely useless, I am sitting here with £3.20 in my bank account because I have paid for the postage of so many customers items ! We should have been informed IMMEDIATELY if they had a “bug” as yesterdays girl said. I am personally going to be asking for interest for every day my money is still in their account. I am so angry this morning GGGGGRRRRRRRRRRR

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Just got off the phone to a representative and apparently they know there is a problem but said if money not in bank in 72 hours to ring back! . I told them that wasn’t good enough but was told it’s the best they can offer at this time.

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After dragging it out of her, the girl finally told me that they are working on fixing the problem and we don’t have to do anything.

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On October 27, 2020 (last Monday), I sent $1,300 from my Paypal account to my Debit Card account which is verified by Paypal. My account went into 72 hours Pending. On Thursday the $1,300 cleared. Again, I sent another $2,300 (Friday Morning) from my Paypal account to the same Debit Card account. Immediately, my account went into Pending. I contact Paypal customer service and get the same BS about security issues. I asked Paypal how is it possible for security issues to be an issue when the money if coming out of my Paypal account to my Debit card account which was verified by Paypal when I added the card. It is apparent the Paypal system is bugged and they refuse to fix it. According to online research information, this is a recurring problem with Paypal which they did not address. How is it possible that such a billion-dollar corporation (Paypal) cannot resolve such a simple issue? Such a simple reoccurring issue! Again, I have to wait another 72 hours. A friend of mine mentioned to me that he ditched his Paypal account due to the 72 hours issue and frustration with Paypal for Cashapp. I am going to try it out and send feedback.

IQ Option Withdrawal And Deposit – How To Apply Methods With Proof And Problems

IQ Option withdrawal and deposit process are different from other broker’s firm. Of course, there is no similarity because each broker has it’s customized terms and condition.

Moreover, many traders pay a little attention to a broker’s withdrawal and deposit policy. However, it is required for all types of traders. Traders mainly focus on other promises features. They completely ignore the terms and conditions mentioned by a broker.

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In this article, we will explain how you can withdraw and deposit from IQ Option, problems, withdrawal proofs, and account verification process by following all the terms and condition.

If you don’t know about IQ Option, quickly read this Review on IQ Option for better understanding.

IQ Option Deposit Process

To start a trade with the real money, traders need to deposit a minimum amount in IQ Option. The initial deposit amount is 10 USD/GBP/EUR.

You can deposit the amount with the help of various depositing methods. However, Iq option has not yet improved PayPal method.

Moreover, there is no additional fee for depositing money into the IQ Option account. Traders can deposit using a debit or credit card (Visa, Mastercard or Maestro) or an e-wallet like Skrill, Neteller, or Webmoney, Astropay Card, AdvCash. To deposit via debit and credit card, the card must be valid and registered in your name.

It is also necessary that the card will support an international online transaction. Changing currency is not possible after attempting the first deposit.

The interesting part is that you can deposit any currency that will automatically convert into your selected currency. To complete the whole deposit process successfully, you have to follow the below steps.

Broker withdrawal problems – never trade with them

Just to share my experience from IronFX (Cyprus).

I’m using 6 brokers at the moment, including IronFX:

I started to transfer some money out of my accounts in IronFX and got into real withdraw problems.

I’m trying to get 1250$ from one of my accounts there since 22-Feb-2020 (over a month).

So far my so called “account manager” is giving me some vague explanation of delays in the payment systems.
He called very often months ago to urge me to put more money in the broker – since end of Feb-2020 I did not heard from him – neither call nor e-mails.

I’ve sent 2 e-mails to my account manager, and 1 e-mail to the funding department at IronFX – no response.

My account is in “waiting for processing” for over 20 business days with no explanation why the bank wire transfer is not happening.

I will soon contact the regulatory authorities in Cyprus and seek for legal options to get my money back.

I’ve never got any issues with my other brokers:

I will keep you informed if this broker actually sends me my money back.

  • Post # 2
  • Quote
  • Mar 25, 2020 8:05am Mar 25, 2020 8:05am

Say goodbye to ALL of your money there, you won’t see a penny of it anymore. Everyone knows they are scammers .. except you as it seems.. especially as this company is a well known scam for years already.

CySec already started several investigations against them over the years. Take it as a lecture. Some basic research would have saved you trouble and money here.

I simply quote the Scam confirmation from 2020(!) by FPA. Just for the record, you were already a member by this time.

March 2020: There are now 4 FPA Traders Court Guilty votes against IronFx for failure to pay money owed to clients. The FPA has no choice but to declare IronFx to be a Scam for its actions against its clients.

IronFx is hereby blacklisted by the Forex Peace Army. The FPA recommends against depositing money with Iron Fx. If you have an account with IronFx, the FPA recommends you try to withdraw your funds immediately.

Withdraw

iqOption Withdrawal steps

Main question how receive money to paypal skrill or bitcoin. Also people ask proof or problems of withdrawal. To withdraw your money, go to Withdraw Funds. You will see a list of large icons representing available methods of withdrawal. Choose a method, enter the amount and other information, and click “Withdraw Funds”. Your request will be handled within 24 hours and you will receive your earnings.

Withdrawal video

Screenshot of withdrawal page

How long does it take to withdraw funds from Iqoption?

We aim to process all withdrawal requests within 24 working hours. Please keep in mind that the payment service provider may require more time to complete the process depending on the payment method.

What are the minimum and maximum iqoption withdrawal amounts?

We have no restrictions as to the minimum withdrawal amount – starting from $2, you can withdraw your funds on the following page: iqoption.com/withdrawal. To withdraw an amount less than $2, you will need to contact our Support Team for assistance. The maximum allowable withdrawal amount is $1,000,000.

How much can I withdraw per day from iqoption broker? Is there a limit?

You can withdraw up to $1,000,000 per day. The number of withdrawal requests is unlimited. The withdrawal request must not exceed the amount available on your account.

Do I need to provide any documents to make a withdrawal?

Yes. You need to verify your identity in order to withdraw funds. Account verification is necessary in order to prevent fraudulent financial transactions on the account.

Sample of withdrawal

Example 1:
Within the last 90 days you have deposited from your card $200 USD, you now have $250 on your balance. To withdraw it all you need to apply for two withdrawals: $200 to your bank card and $50 to your e-wallet (Skrill, Fasapay, Neteller etc) or use the wire transfer. Please be aware of the $50 fee, which banks take for the wire transfer, so this type of withdrawal is not the best one unless you withdraw more than $1000.
Example 2:
You have deposited $200 100 days ago, it means you now need to withdraw to the e-wallets, the card withdrawal is no more available because we only count 90 days from your last card deposit.
Example 3:
You have deposited from your bank card $200 and $100 from your e- wallet. You need to withdraw $200 to the bank card and then you will be able to withdraw to the e-wallet. Withdrawal to the bank card is prioritized (goes always first).

There are no minimum withdrawal amounts – you can withdraw as low as $2 from iqoption. However, if you want to withdraw less than $2, then you must contact customer support for help. $1,000,000 is the maximum withdrawal amount.

Is there any limit to the amount I can withdraw in a day?

The maximum amount for daily withdrawal is $1,000,000. There is no limit to withdrawal request; however, it mustn’t exceed the sum in your account.

Are there any documents required for withdrawal?

Before you can withdraw funds you must first verify your identity. Account verification is a security measure against fraudulent transactions on your account.

What is the procedure for withdrawal?

The method of deposit determines your withdrawal procedure.

If you deposit through your card, you can withdraw the initial amount deposited back to your card, since it is considered a refund. It means you can withdraw your entire deposit to your cards over the foregoing 90 days. However, any amount exceeding this i.e. your profit, shall be withdrawn straight to an e-wallet (Neteller, WebMoney or Skrill), or you could use bank transfer (and pay a fee of 25 EUR fee).

If you’re depositing with an e-wallet, it means you can only withdraw to that e-wallet. You must first send a withdrawal request through the withdrawal page before you can withdraw funds. IQ Option then processes the request within 3 working days. However, if you withdraw using a bank card, then be ready to wait for another 1-9 working days before the transaction is processed by the bank.

How long is the fund withdrawal process on IqOption?

Withdrawal requests should be processed within 3 working days. However, you should note that your payment service provider might need more time to process the information depending on the method of payment.

How do I initiate withdrawal from my trading account to my bank card?

1. First, visit the section tagged, ‘Withdraw Funds.’ Pick a method of withdrawal, input the data and amount required, and then click on Withdraw Funds. We try our best to ensure that withdrawal requests are all processed within 24 hours. However, you should note that interbank withdrawal processes may require more time.

2. There is no limit to the amount of withdrawal request you can make. However, the amount should not be more than your available trading balance.

Withdrawals to bank cards are considered refund transactions.

*Refunds are used to return money paid in previous transactions. This is why your withdrawal amount is limited to how much you deposited with the card in question.

Appendix 1 has a flowchart illustrating the process of withdrawal.

The following parties are involved in the refund:

2) Acquiring bank i.e. the partner bank for IQ Option

3) International payment system (IPS) – Visa International or MasterCard

Issuing bank – This is the bank where your account was opened and where your card was issued.

If there’s any problem involving any of the parties mentioned above during the process of withdrawal, it means the funds credited to your card might have issues. When withdrawing on iqoption, IQ Option gives the acquiring bank the necessary information about your transaction. A special ARN* code is assigned to the operation by the acquiring bank, it is then passed on to the IPS. After this, the IPS assigns a special RRN* code before transferring the necessary information to your issuing bank. The operation is then processed by the issuing bank while the funds are credited to your card.

*Both RRN and ARN identification codes are proof that the withdrawal was successful. The codes for each transaction are unique and serve as proof that that particular transaction was a success.

3. (Appendix 1) Flowchart detailing the withdrawal of funds from your trading balance to your bank card.

4. Possible issues

You can contact IQ Option Support from your account. 9 business days after initiating withdrawal request without being credited with funds. You can also get in touch with your own personal account manager (this option is only available to VIP clients)

Your message to our support team should contain the dates and the withdrawal amount yet to be credited to your bank card (this message should only be sent after 9 business days of not being credited). You should also attach a bank issued and signed credit card statement.

4.1. IqOption support team will explain why your transaction was not successful and the steps you need to take.

4.2. Where there’s a successful transaction from both the IPS and IQ Option, customer support then provides you with your special identification numbers (RRN, ARN). However, if the transaction is not credited, you should:

1) Fill the Template form1.

2) Report it to the processing department of the issuing bank (the processing department might be referred to as processing center, bank card operations support department, payment services support department, to name a few). The issuing bank must be equipped to track refund transactions through RRN and ARN codes. If the bank is unable to track the aforementioned transactions using the codes, then they must sign the document. This document is then sent to IQ Option’s support team. You must not forget to include the fact that they failed to credit you with the funds in the report. This is forwarded to the IPS, but only if there’s any official statement stating that the issuing bank could not process or find the operations.

A refund is a process initiated by a merchant or client where funds are returned to the card. A refund might be full (complete deposit) or partial (incomplete deposit).

ARN (Acquirer’s Reference Number): This is a special transaction code issued by the bank

RRN (Retrieval Reference Number): This is a special transaction code issued by a payment system.

Where to check withdrawals?

You can use link in your account to monitor your withdrawal.

What are the necessary documents for a withdrawal from IqOption?

Before you can withdraw funds you must first verify your identity. This is done to prevent any fraudulent transaction on your account.

These are the documents you need to send to us to complete the verification procedure:

1) A photo or scan of your ID (either driving license or national passport). Check out the example of valid ID.

2) Make sure the scan or photo shows both sides of the ID (if you’ve used more than one ID to make deposit, then send all the copies used). You can keep the CVV number covered and expose just the first six and last four digits of the card number. The card must be signed. Check out the card image example.

However, if you deposited through an e-wallet, all you need to do is send a scanned copy of your ID.

The document verification will be completed within 3 working days of your withdrawal request.

Status of withdrawal. How soon before my withdrawal is completed?

1) The ‘Requested’ status is attached after you make a withdrawal request. Funds are then deducted from your account.

2) The status is changed to ‘In process’ as soon as we start processing the request.

3) Once the status changes to ‘Funds sent’, funds are immediately transferred to your e-wallet or card. The implication of this is that we’ve completed the withdrawal and your funds have left our system.

Your withdrawal request status is always on your Transaction History.

The e-wallet system or bank involved, will determine when you receive payment. For e-wallets, it takes just a day and 7-9 days if you’re using a bank.

How to create WebMoney e-wallet to receive money

1) Use this link to create your WebMoney account

2) Enter your phone number and confirm it

3) Input your personal data

4) Verify phone number

5) Create a password

6) Pick a currency to create your wallet

7) Then make your deposit with e-wallet or bank card

This is a roundup of the charges for money transfer from your WebMoney account:

2-2.5% if you’re withdrawing with bank card

1.5-3.5% if you’re withdrawing through bank wire transfer

What is ARN?

The ARN (Acquirer Reference Number) is a special number used to tag transactions on a credit card from the merchant bank i.e. acquirer. through a card scheme, down to the issuer i.e. cardholder’s bank. Issuing banks use the number to track transactions with acquirers.

You must always remember to make sure the ARN codes are submitted to the Processing Center of your bank (general client office employees are not always aware of the codes or how they’re used). If you’re unable to go to the Processing Center, you can get in touch with the bank officers in charge of processing card operations. They can help you track the money. Don’t forget to let them know that the transaction is not a new one but a refund.

How long to process withdrawal

IqOption specialists will need time to go over every request properly before approving it. This usually takes about 3 days.

There’s need to ensure that you’re really the person making the request, to prevent any other person from accessing your funds.

This procedure is needed to secure your funds, including the verification process.

This is followed by a special procedure where you withdraw your funds to your bank card.

You’re only allowed to withdraw the amount transferred through your bank card in the last 90 days. This can be likened to a refund store.

The money is sent within 3 days, however your bank will require more time to roundup the transaction (i.e. cancelling your payments).

This might take another 7-9 working days. This information can be found on your withdrawal history page.

You can also decide to transfer your profits from IqOptions into an e-wallet (Neteller, WebMoney or Skrill) as they don’t have any limits and you’ll get your funds within 24 hours of completing your withdrawal request.

10 Comments

Used my skrill and other way for deposit and withdraw on iqoption.com so here a lot of way to withdraw as i know but i use mostly Skrill.com:

It’s not so hard get approval of withdraw request. I did it many times here.
Check out my withdraw:

Wants say thanks to Iq Option.com team they helped me withdraw my money from my account. Great support by online chat and phone. I have VIP account maybe because of it �� Any way i had many questions at the begining of my trading and verification account. Right now i know that if you add new bank card you need verify your bank card as soon as possible. I also upload my ID as i remember… It must be uploaded in good quality also. So just traded Bitcoin last week and got my payout on my Neteller account.

I trade every day and never seen such great fast withdraw ways on the trading platform… Mostly i trade by crypto like Bitcoin or Litcoin for last few weeks on IQ.

i used Fasapy to withdraw money from IQ Option, great way to withdraw your funds and very fast

I withdraw today my funds about 2700 usd thanks for review i did it fast and easy

I had withdrawn from my bank card with the iq option. Withdrawal has not been credited to my bank account since 2 months. When I talked to the iq option, they gave me the ARN number. When I asked the bank to trace the ARN number, the bank could not trace it. I sent in the bank statement iq option but still did not help me. Should I understand that the iq option has cheated me? Because if the payment is not credited to my bank account, then where is my money? In this neither the bank is helping me nor iq option.

Try ask some other manager in the bank find your transaction by ARN

My account is verified..
do I need to send a copy of my ID
after a withdraw request?

Same issue I’m facing.
Is there any solution?

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