Withdrawal timelines by currency:
USD (US Dollar):
• T+1 processing: Funds reach the bank 1 business day after processing
• Cut-off time: 1:00 PM IST on business days
• After cut-off: Next business day processing
Example: Request Monday 11:00 AM → Processed Monday → Funds in bank Tuesday
EUR (Euro) & GBP (Pound):
• T+2 processing: Funds reach the bank 2 business days after processing
• Cut-off time: 1:00 PM IST on business days
Example: Request Monday 11:00 AM → Processed Monday → Funds in bank Wednesday
Factors affecting timeline:
• Bank holidays: US holidays delay USD; European holidays delay EUR/GBP
• Weekend submissions: Processed next business day
• Missing documents: Incomplete invoice/GST details cause delays
• Compliance review: First-time large withdrawals may need verification
Pro tip: Submit before 1:00 PM IST with complete documentation for same-day processing!