Currencies and limits
Supported fiat currencies
All withdrawals are converted from USDC at the spot rate at the time Prudra’s ops team processes the conversion. Exchange rate risk is carried by you between the time you request and the time conversion executes (typically within 4 hours).
Minimum and maximum amounts
High-value withdrawals (>$50,000) may require additional KYC verification. Contact support@prudra.com to pre-approve large withdrawals.
Exchange rates
Prudra converts USDC to fiat at the mid-market rate at the time of conversion, minus a conversion fee:
The conversion fee is applied on top of any bank wire fees charged by the receiving bank.
Bank wire fees
Most receiving banks charge a fee to receive international wires:- UK banks: typically free for GBP wires
- US banks: typically 15 per incoming wire
- EU banks: typically €0–€15 per SEPA wire
Related
- Add a bank account — register bank account formats
- Request a withdrawal — initiate a withdrawal
- Track a withdrawal — monitor withdrawal status