You can withdraw your euros (EUR) balance directly to a European bank account through our partnership with Monerium. The withdrawal is made via bank transfer and the amount lands 1:1 in the destination account.
📊 Exact fees (SEPA) now live in a single place: Complete Picnic fee table → Euros (EUR) section.
Before you start
- Monerium KYC approved: on your first time, you need to create a Monerium account and submit your documents. The process takes a few minutes.
- EURe balance on Polygon: the withdrawal is done from EURe (the digital euro issued by Monerium) on the Polygon network. EURe is the only euro stablecoin that allows redemption via SEPA — other euro stablecoins (EURC, agEUR etc.) won't work for this withdrawal.
- Converting from BRLA to EURe: if your balance is in BRLA (or any other currency/stablecoin), you need to convert to EURe on Polygon before starting the withdrawal. The conversion is done directly in Picnic Pro, on the swap tab.
- Destination IBAN: have the full IBAN of the bank account that will receive the amount.
Step by step
- Access the bank withdrawal: log in at www.usepicnic.com, open the Deposits and Withdrawals tab, choose Bank withdrawal and transfer, select the Euro currency and the Bank transfer method, then click Continue.
- Enter the amount: type the amount in euros (EUR) you want to send and click Continue.
- Fill in recipient data: choose the owner type (Individual or Legal Entity), enter the IBAN of the account, the first name, full last name, and the reason for sending (optional field).
- Confirm the transfer: review all information and click Confirm and transfer.
- Authenticate the send: use your passkey to authorize the transaction. If you don't have a passkey set up yet, the site sends a code to your registered Picnic email.
- Done, withdrawal sent: the confirmation screen appears as soon as the send is processed.
Timing and limits
- Timing: depends on the destination bank. In general, the amount lands in a few minutes, but can take up to 1 business day.
- Amount received: 1:1 — you receive exactly the amount sent. Fee details in the Complete Picnic fee table.
- Limits: there is no fixed limit to receive or withdraw euros. Monerium reserves the right to apply punctual limits or suspend/delay transactions for security reasons, fraud suspicion, or legal requirements.
Important tip
Check the IBAN and account holder's name before confirming. Withdrawals sent to incorrect data may take a while to be refunded, depending on the destination bank.