Euro withdrawals via bank transfer.
Overview
| Property | Detail |
|---|
| Currency | EUR (Euro) |
| Method | Bank Transfer |
| Source | OCA (commissions only) |
| Minimum | $150 equivalent (after fees) |
| Maximum | $3,000 equivalent per transaction |
Prerequisites
| Requirement | Status |
|---|
| Commission funds in OCA | Required |
| Bank account verified | Required |
| KYC approved | Required |
| No pending withdrawals | Required |
Process
Bank Details Setup
The member navigates to Settings → Bank Accounts and adds/verifies their EUR bank account:
| Required Field | Note |
|---|
| Account holder name | Must match Corsair Connect registration |
| IBAN | International Bank Account Number |
| BIC/SWIFT | Bank identifier |
Withdrawal Request
The member navigates to Withdraw, selects EUR / Bank Transfer, enters the amount, selects the verified bank account, and confirms.
Processing
| Stage | Detail |
|---|
| Submission | Request enters approval queue |
| Approval | CEO approves, CIO executes |
| Transfer | Funds sent via bank transfer |
Processing Timeline
| Stage | Time |
|---|
| Request cutoff | Friday 23:59 GMT |
| Approval | Next business days |
| Bank transfer | 1-3 business days |
| Total typical | ~5 working days |
Bank Account Requirements
| Requirement | Detail |
|---|
| Account name | Must match Corsair Connect registration |
| Account type | Personal or business (matching member's account type) |
| Bank eligibility | Must be able to receive international transfers |
| Currency | EUR account |
Fees
| Fee | Amount |
|---|
| Processing fee | 250 CSR equivalent |
| Bank fees | May apply (member's bank policy) |
Common Issues
| Issue | Resolution |
|---|
| Bank rejected transfer | Verify IBAN is correct; confirm account can receive international transfers; check name matches exactly |
| Funds not received | Allow full processing time; check with bank; contact support after 7+ business days |