Skip to main content
USD Bank Transfers

Learn about bank transfers: How to set up, types of transfers, and estimates of how long they take to reach your bank.

Updated over a week ago
Image of a laptop displaying Bank transfers with OpenNode

Initiate Bank transfers to withdraw funds from the USD account associated with your OpenNode account to your destination bank account.

Connect a bank account with your OpenNode account

  1. On sign up, you will be asked whether you want to input bank account information.

  2. After signing up, you will find an "Enable USD wallet" prompt on your OpenNode dashboard. Click there to add bank account information and connect your bank account.

Image of Bank Transfers on the OpenNode dashboard


Once your bank account is connected to your OpenNode account, there are two ways to move funds from your OpenNode account to your bank account: scheduled bank transfers, and one-time transfers.

Scheduled Daily Bank Transfers

Scheduled bank transfers are an automated way to move funds from the OpenNode platform to your bank account on a recurring basis. You can enable scheduled transfers by selecting the toggle on the Wallets > local currency wallet page.

Image of USD wallet on OpenNode for Bank transfers

Your full USD account balance will be automatically transferred to your bank account daily, once the minimum threshold has been reached.

How long does a scheduled bank transfer take?

OpenNode processes scheduled transfers every day at 7:00 PM UTC for USD. To stop scheduled bank transfers, simply disable using the toggle. Funds leaving the USD wallet should process and post in your bank account on the next business day (T+1)

One-time Bank Transfers

One-time bank transfers allow users to withdraw USD funds on demand with no minimums. Initiate a one-time bank transfer by selecting "One-time bank transfer" on the Wallet > USD wallet page.

Image of USD Wallet for sending Bank Transfers with OpenNode

How long does a one-time bank transfer take?

Bank transfers initiated before 7:00 PM UTC for USD should process and post in your bank account on the next business day (T+1)

Bank transfers initiated after the 7:00 PM / 05:00AM UTC cutoff times on a given day should generally process and post in your bank account in 2 business days (T+2).

Note: Bank transfers may be subject to minimums and fees.

Did this answer your question?