In this article.XMThis section explains the banks that are recommended for withdrawing the profits earned from the
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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.
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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.
XM Withdrawal processed to domestic bank.
I processed the withdrawal to SONY Bank.
I received my money in 2 hours! I don't know if SONY is by far the fastest, but overseas FX felt all the closer!- Black Joe (@kuroko500) 25 March 2020
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When withdrawing from XM by bank transfer, there is no withdrawal fee if the amount withdrawn is JPY 400 000 or more.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.
Congratulations ☺.
However, since sometime last year, XM bank withdrawal transfers are now domestic bank transfers, so if it is over 400,000 there is no fee. Below that, it's 2,500 yen ☺.
I have to deposit money and make a minimum of 400,000 before I can withdraw.
I used to use Sony Bank too.- mako556 (@makosaku888) March 15, 2022
We will let you know.
Sony Bank has started to refuse money transfers from online casinos and overseas FX in order to strengthen money laundering.
2.8 million was withdrawn from XM on 24 January and
We received the money safely today!The commission fee was 2,500 yen.#XM Withdrawals # Sony Bank
- Red-faced shinkus (@rFkuRXhtjbas8Fm) January 27, 2020
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.
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.
https://twitter.com/7dJ1bbjIAfgYg9P/status/1514872391159394305?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1514872391159394305%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fgemgemfx.com%2Fxm-withdrawal-sbi%2FFirst withdrawal from XM
The money was received by SBI Sumitomo Trust in one hour.
Quick sig.
- Nabeyaki Udon (@fukurow999) April 27, 2022
XM withdrawals are seriously fast!
I made a withdrawal request in the morning and received the money within two hours (laughs).
Banks are SBI.- MUUU (mu) (@risk0_speculate) March 4, 2022
Withdrawal fees at SBI Net Bank Sumishin
SBI Sumishin Net Bank charges a fee of JPY 2,500 per withdrawal.
This is a report on withdrawals from the overseas FX contractor XM, in the hope that it will be helpful to those who are interested.
The withdrawal was requested at 17:41 on 1 Aug (Thu) and received on 6 Aug (Tue). The actual working day was 4 days because of the weekend. The receiving account was SBI Sumishin Bank and 2,500 yen was deducted for commission.
Fees are low and deposits are fast.#XM # Withdrawal # Commission.- FUUM@Concurrent Trader (@fxtrader201706) 11 August 2019
There was a withdrawal fee of 2,500 yen for XM (SBI Sumishin).
- Hanzawa Nyaoki [FX] (@baigaeshi_fx) April 1, 2020
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.
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.
I applied for a XM withdrawal yesterday and I've already received the money?
Isn't it too soon?
It doesn't matter if it's Rakuten Bank or not, does it?- Deer (@deer_fx) March 2, 2020
XM I applied for a withdrawal yesterday and the money was received at Rakuten Bank today.
- Noraneko-FX (@FxNoraneko) April 23, 2021
Confirmation of payment received at Rakuten Bank in about five hours after application for xm withdrawal!
Ha!- Kaburiel Shares *Kaburiel★ (@Kaburiel1) May 6, 2021
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.
↓arrow (mark or symbol)
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!