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Summary of banks recommended for withdrawing profits earned on XM.

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In this article.XMThis section explains the banks that are recommended for withdrawing the profits earned from the

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Banks recommended for withdrawing XM profits.

Three banks are recommended for withdrawing XM profits.

Name of bank Bank Code SWIFT code
Sony Bank 0035 SNYBJPJT
SBI Sumishin Net Bank 0038 NTSSJPJT
Rakuten Bank 0036 RAKTJPJT

To deposit and withdraw with XM and other overseas FX traders, you must use a bank account that has a [SWIFT code]. SBI Sumishin, Sony and Rakuten are banks that support SWIFT codes, so you can deposit and withdraw funds to and from XM with confidence.

 

In addition, while banks may call for confirmation when sending money from overseas, online banks such as Sony Bank and SBI Sumishin Net Bank do not need to call for confirmation, making it easier as there is no need to respond to the phone call.

The banks recommended for withdrawing XM profits are detailed below, along with their fees and withdrawal procedures.

Sony Bank

Sony Bankis an online bank often used by international FX traders and is popular because of its low receiving fees.

Name of bank Bank Code SWIFT code
Sony Bank 0035 SNYBJPJT

Time taken for the withdrawal to be reflected in your account at Sony Bank

When you submit a withdrawal request to XM, XM will process your withdrawal within 24 hours of receiving your request.

In the case of bank transfers, the receipt of funds is usually reflected in the account in approximately 2-5 working days.

The time to receive payment also appears to be fast, with some reviewers reporting that payment was received within two to three hours.

Withdrawal fees from XM to Sony Bank

  • Withdrawals of JPY 400,000 or more: free of charge
  • Withdrawals of less than JPY 400,000: flat rate of JPY 2,500

When withdrawing from XM by bank transfer, there is no withdrawal fee if the amount withdrawn is JPY 400 000 or more. However, if the withdrawal amount is less than JPY 400,000, a fee of JPY 2,500 is charged.

How to withdraw funds from a XM account to Sony Bank

For information on how to withdraw funds from your XM account to Sony Bank, see the following article.

XM Textbooks.
Summary of withdrawal methods from XM accounts to Sony Bank | XM textbooks This article explains how to withdraw funds from your XM account to Sony Bank. How to withdraw funds from your XM account to Sony Bank Access the XM login page Access the XM login page...

SBI Sumishin Net Bank

Name of bank Bank Code SWIFT code
SBI Sumishin Net Bank 0038 NTSSJPJT

SBI Sumishin Net Bankis also a popular online bank among XM traders, and I often use SBI for withdrawals.

The number of days it takes for withdrawals from XM to be reflected in your account at Sumishin SBI Net Bank.

When you submit a withdrawal request to XM, XM will process your withdrawal within 24 hours of receiving your request.

In the case of bank transfers, the receipt of funds is usually reflected in the account in approximately 2-5 working days.

Many reviewers are surprised at the speed of deposits when they check the speed of withdrawals to SBI Net Bank Sumishin.

Withdrawal fees at SBI Net Bank Sumishin

SBI Sumishin Net Bank charges a fee of JPY 2,500 per withdrawal.

How to make XM withdrawals at SBI Net Bank.

For more information on how to make XM withdrawals at SBI Net Bank, see the following article.

XM Textbooks.
Summary of how to withdraw money from XM to SBI Net Bank | XM Textbooks This article explains how to withdraw money from XM to SBI Sumishin Net Bank. How to withdraw money from XM to SBI Sumishin Net Bank Access the XM login page XM logi...

Rakuten Bank

Name of bank Bank Code SWIFT code
Rakuten Bank 0036 RAKTJPJT

Rakuten Bankwrote that not only are the fees low, but also the withdrawal completion time is fast.

Withdrawal fees at Rakuten Bank

The official website states that the fee for withdrawing money at Rakuten Bank is 2,450 yen.

They are slightly cheaper than Sony Bank and SBI Sumishin Net Bank.

Time taken for the withdrawal to be reflected in the account at Rakuten Bank.

When you submit a withdrawal request to XM, XM will process your withdrawal within 24 hours of receiving your request.

For international bank transfers, the receipt of funds will be reflected in the account in approximately 2-5 working days.

Many reviewers are surprised by the speed of deposits when they check the speed of withdrawals to Rakuten Bank.

How to withdraw money from XM to Rakuten Bank

For information on how to withdraw money from XM to Rakuten Bank, see the following article.

XM Textbooks.
How to withdraw money from XM to Rakuten Bank | XM textbook This article explains how to withdraw money from XM to Rakuten Bank. How to withdraw money from XM to Rakuten Bank Access the XM login page Access the XM login page ...

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Click here for the official XM website.
*Now we're giving away a $30 bonus!

summary

In this article.XMThis section explains the banks recommended for withdrawing profits from the

XMwellCompletely free demo account versionis available, so you can try it out risk-free.

Also, XM is giving away a $30 trading bonus to anyone who opens a new account!For more information, visit the official website atPlease check from the following links.

↓arrow (mark or symbol)

Click here for the official XM website.
*Now we're giving away a $30 bonus!

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