How to withdraw Euros via bank transfer

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

1. 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.
2. Enter the amount: type the amount in euros (EUR) you want to send and click Continue.
3. 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).
4. Confirm the transfer: review all information and click Confirm and transfer.
5. 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.
6. 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.