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How long do withdrawals take?
How long do withdrawals take?
Yanmo avatar
Written by Yanmo
Updated over a week ago

For Nigeria

Withdrawals below ₦500,000 will reflect instantly if they meet certain criteria, otherwise, they will be manually processed into your Naira bank account within 2-3 business days or 5-7 business days if you've made this withdrawal to your USD/foreign bank account. (For withdrawals to USD/foreign bank accounts, this could take longer depending on the bank and the country the bank account is domiciled in).

If you deposited from a Naira payment option, you can only withdraw to a Naira account.

If you deposited from a USD payment option, you can only withdraw to a USD account.

If you have made deposits from both payment options, the percentage of deposits from one channel is the percentage of withdrawals that can be made to that same channel. E.g. If 20% of your deposits are from the USD Debit/Credit card option on the app, then 20% of withdrawals will also be to a USD account.

​Withdrawals to a Naira account have a 45 Naira fee. Withdrawals to a USD account have a $45 fee.

The minimum withdrawal amount to a Naira account is ₦300. The minimum withdrawal amount to a USD account is $500.

For Ghana

Withdrawals via Mobile Money take 2-3 Business Days. The withdrawn amount will be credited to the Mobile Money account you provided when you registered on Bamboo.

If you are making a Cedi withdrawal, you can only withdraw in Cedis using Mobile Money.

​Cedi withdrawals have a fee of GHS 6.

Withdrawals into USD accounts take 5-7 Business days.

If you are making a USD withdrawal, you can only withdraw to a Ghanaian Domiciliary bank account.

USD withdrawals have a fee of $45.

The minimum withdrawal amount to a USD account is $500.

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