Binomo Deposit and Withdraw Funds in South Africa

How to Deposit Funds in Binomo South Africa

Deposit into Binomo South Africa via Bank Cards

1. Click on the "Deposit" button in the top right corner.

2. Choose your country in the “Сountry” section and select “Visa/ Mastercard” method.

3. Сhoose the amount to deposit and bonus.

4. Choose the card and click on the ”Confirm and Pay” button.

5. Confirm the payment with a one-time password code received in an SMS message.

6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:


 

Deposit into Binomo South Africa via Capitec

1. Click on the "Deposit" button in the top right corner.

2. Choose South Africa in the “Сountry” section and select the “Capitec” method.

3. Сhoose the amount to deposit and click on the “Deposit” button.


4. Please enter your username and password of Capitec bank app profile and click on the “Sign in” button. After entering your account details, you will receive a notification on your banking app to authorize.

5. If you have more than one savings account linked to your profile you will be required to choose the one you want to use for this deposit. Therefore, pay attention to notifications in your cellphone as well as those in your computer screen.

6. Enter your phone number for sending proof of payment and click on the “Send” button.

7. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:

Deposit into Binomo South Africa via FNB

1. Click on the "Deposit" button in the top right corner.

2. Choose South Africa in the “Сountry” section and select the “FNB” method.

3. Сhoose the amount to deposit and click on the “Deposit” button.

4. Please enter your username and password of FNB bank app profile and click on the “Sign in” button. After entering your account details, you will receive a notification on your banking app to authorize.

5. Enter your phone number for sending proof of payment and click on the “Send” button.

6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:

How to Withdraw Funds from Binomo

Withdraw Funds to a Bank Card on Binomo

Withdraw Funds to a Bank Card

Bank card withdrawals are only available for cards issued in Ukraine or Kazakhstan.

To withdraw funds to a bank card, you’ll need to follow these steps:

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.

Then click the “Withdraw funds” tab.

In the mobile app: Open a left side menu, and choose the “Balance” section. Tap the “Withdrawal” button.

2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Fill in the required information. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.

4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).

Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.
 

Withdraw funds to a non-personalized bank card

Non-personalized bank cards don’t specify the cardholder’s name, but you can still use them to credit and withdraw funds.

Regardless of what it says on the card (for example, Momentum R or Card Holder), enter the cardholder’s name as stated in the bank agreement.

Bank card withdrawals are only available for cards issued in Ukraine or Kazakhstan.

To withdraw funds to a non-personalized bank card, you’ll need to follow these steps:

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.

Then click the “Withdraw funds” tab.

In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Fill in the required information. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.

4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for mobile app users).

Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.

Withdraw Funds via E-wallets on Binomo

Withdraw funds via Skrill

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.

Then click the “Withdraw funds” tab.

In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

2. Enter the payout amount and choose “Skrill” as your withdrawal method and fill in your email address. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.

4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).

Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.
 

Withdraw Funds via Perfect Money

Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.

Then click the “Withdraw funds” tab.

In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

2. Enter the payout amount and choose “Perfect Money” as your withdrawal method. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.

4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for mobile app users).

Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.
 

Withdraw funds via ADV cash

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.

Then click the “Withdraw funds” tab.


In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

2. Enter the payout amount and choose “ADV cash” as your withdrawal method. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.

4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).

Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.

Withdraw Funds to a Bank Account on Binomo

Bank account withdrawals are only available for banks of India, Indonesia, Turkey, Vietnam, South Africa, Mexico, and Pakistan.

Please note!

• You can’t withdraw funds from your Demo account. Funds can be cashed out from Real account only;
• While you have a multiplied trading turnover you can’t withdraw your funds as well.

To withdraw funds to your bank account, you’ll need to follow these steps:

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.

Then click the “Withdraw funds” tab.

In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.

In the new Android app version: tap on the “Profile” icon at the bottom of the platform. Tap on the “Balance” tab and then tap “Withdrawal”.

2. Enter the payout amount and choose “Bank transfer” as your withdrawal method. Fill in the rest of the fields (you can find all the required information in your bank agreement or in a bank app). Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.

4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).

Note. It usually takes payment providers from 1 to 3 business days to credit funds to your bank account. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.
 

Optimizing Binomo Deposit and Withdrawal Operations for South African Investors

In conclusion, the deposit and withdrawal processes on Binomo for South African users are designed with efficiency and user-friendliness in mind, ensuring a hassle-free trading environment. By adhering to the guidelines outlined in this guide, South African traders can confidently manage their funds on the platform, empowering them to focus on making informed trading decisions. As Binomo continues to refine its services and extend its reach in South Africa, prioritizing smooth transactional flows remains pivotal, bolstering its reputation as a reliable hub for online trading.