Withdraw Saudi Riyal from your Rain account
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Withdraw Saudi Riyal from your Rain account

Withdrawing funds from your Rain Saudi Riyal (SAR) account and sending them to your SAR personal bank account is easy. 

Requirements:

  1. Bank account in your own name. To initiate a withdrawal from your Rain account to your SAR bank account, you need a personal bank account in the same name as the one you used register on Rain.
  2. Personal bank account details. You will need to add your personal bank account details to Rain. For more information on how to add your bank account details click here.

NOTE: Make sure your Rain account name matches your bank account name to guarantee a smooth transaction. 

If you are withdrawing funds using the Rain app, See below for a step by step guide

Steps (Rain website):

    1. Log in to your Rain account.
   2. Go to Transfer Funds and click on Withdraw with bank.

   3. Select the SAR account you would like to withdraw funds from.
   4. Enter the amount you would like to withdraw.
   5. Select the Destination bank account. Click continue.
   6. Check the Confirm Withdrawal page to make sure all the information is correct. Click Confirm.

   7.  Allow for 1-8 business days for your transfer to show up in your bank account.

NOTE: Due to bank policies, transfers usually take 1-8 business days to arrive to your account. Once a withdrawal is initiated it cannot be cancelled. Withdrawals are charged a 50 SAR fee to cover wire transfer charges. 

  

Steps (Rain app):

    1. Open the Rain app on your phone.
   2. Go to Profile and click on Withdraw.
   3. Select the SAR account you would like to withdraw funds from.
   4. Select the bank account you would like to receive your funds on.
   5. Enter the amount you would like to withdraw using the keypad. Click continue.
   6. Check the Confirm Withdrawal page to make sure all the information is correct. Click Confirm.

   7.  Allow for 1-8 business days for your transfer to show up in your bank account.

NOTE: Due to bank policies, transfers usually take 1-8 business days to arrive to your account. Once a withdrawal is initiated it cannot be cancelled. Withdrawals are charged a 50 SAR fee to cover wire transfer charges.  


About Rain

Rain is a cryptocurrency platform in the Middle East, headquartered in the Kingdom of Bahrain. We are licensed and regulated by the Central Bank of Bahrain (CBB). Rain enables you to buy, sell, and store bitcoin and other cryptocurrencies, in a regulated, secure, and compliant way.

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