BUSD Redemptions & Wire Withdrawals

For Cancelled Withdrawals

Your funds remain safely in your account and are reflected on your account balance. Please note restrictions are determined by the bank and related to the dollar amount and geography of the wire destination. Your funds remain safely in your account and are reflected on your account balance. 

We will advise you as soon as we are able to process your wire, and you will be able to re-initiate your transfer. For immediate service, transfer via crypto and stablecoin (USDP) are currently available for your account. 

We appreciate your understanding and patience. Please reach out to us if you have any further questions.

 

Wire withdrawals can only be sent out on weekdays and may take up to 5 days to reach your recipient bank.

 

US Domestic Wires

For US domestic wires, withdrawals typically reach beneficiary banks T+0. For same day processing of wire withdrawal requests on weekdays, please submit your withdrawal by 1.30pm EST.

 

International Wires

International wire transfers sometimes take 2-5 days. Paxos is not responsible for delays in wire transfers due to intermediary or recipient bank issues.