1/ What is Fiat Wallet?
Fiat wallet at Remitano is used to store your local currencies on the website, it will help to boost your trading experience. The trade will be completed instantly when you have sufficient local currencies on the website and also no need to wait for the seller to check his bank statement. Check out this video for the convenience of using Remitano Fiat Wallet:
Currently, we are supporting Fiat Wallet for Nigeria market (NGN wallet), South African market (ZAR wallet), Malaysian wallet ( MYR wallet), Indian market (INR wallet), Venezuelan Wallet (VES Wallet) and Indonesian market (IDR wallet).
Who can withdraw:
All level users can withdraw from their ZAR/MYR/NGN/INR/IDR/VES wallet
Who can deposit:
All users that has been verified can deposit to our FIAT Wallet
2/ How to deposit into Fiat Wallet:
Step 1: Choose DASHBOARD -> WALLET
Step 2: Find your fiat wallet (on the top coin list) -> click to DEPOSIT
Step 3: Choose the bank and amount you want to deposit -> click DEPOSIT.
You need to make sure to transfer with the exact amount and description in your bank transaction description/remarks.
Step 4: Log into your bank account and transfer to the bank account shown
You need to make sure to transfer with the exact amount and description in your bank transaction description/remarks.
E.g.:
Note:
If your bank balance is insufficient or you want to change the amount, you can "Cancel the deposit" and create another deposit request.
3/ How to withdraw from Fiat Wallet
Step 1: Click to the "withdraw"
Step 2: Key in the amount you want to withdraw.
Step 3: Create an account to withdraw your money.
the system will remember your account and you don't have to key in your account again.
Step 4: Click "Confirm" to withdraw your money
Step 5: Click "withdraw" after checking all the details again
Step 6: Check the status of the withdrawal
Once the withdrawal is submitted, you can check the status of the withdrawal in the history of withdrawal. Once the status is Proposed, the money is sent and when it shows Delivered, you can check your bank statement in your internet banking.