Looking to withdraw money from GrabrFi? You have several options. Here are the steps for each method.
Withdraw with local currency via bank transfer
You can now withdraw money from your GrabrFi account directly to your local bank account in your currency. Depending on your location, you can withdraw funds in:
ARS (Argentine Pesos)
COP (Colombian Pesos)
MXN (Mexican Pesos)
BRL (Brazilian Reais)
NGN (Nigerian Naira)
PEN (Peruvian Soles)
BOB (Bolivianos)
UYU (Uruguay pesos)
Steps to withdraw:
Log in to your GrabrFi account and go to the “Transfers” tab
Select "Withdraw to local currency" and choose your country/currency
Enter the amount you want to withdraw
Confirm your local bank account details
Review the conversion rate and applicable fees
Confirm the transaction
The exchange rate is automatically updated in real time and may change several times a day according to the mid-market rate.
Withdraw by sending a transfer to another account you own
It’s easy to navigate your GrabrFi app to make a transfer in seconds to your clients, partners or loved ones. To do so, follow these steps:
Log in to the application and click on ‘Home’
Click on ‘Transfer’ and select the type of transfer you’d like to make, the options are:
ACH transfers (US only) View our step by step guide
Domestic wire transfers (US only) View our step by step guide
How to withdraw to local currency via third party platforms
Note: third party platforms have their own processing timeframes and transfer fees. Our detailed guide for each platform will give you more info.
Wise View our step by step guide to withdraw to local currency using Wise here.
Remitly View our step by step guide to withdraw to local currency using Remitly here.
How to withdraw by paying for group activities and getting paid back
Doing an activity with friends, family and other people such as going out to eat? You can offer to pay for the entire bill with your GrabrFi card and ask everyone to pay you back their share with cash or another method.
If you're paying in non-USD currency, an excellent mid-market conversion rate applies.
When the others pay you back, this money is in essence an amount you've withdrawn from your GrabrFi balance, with minimal fees and at a great conversion rate.