How to Submit a Wire Withdrawal to Your Brokerage Account

Overview

Paxos allows 3rd party withdrawals to brokerage accounts if you provide sufficient proof of account ownership. 

If you wish to make a brokerage account withdrawal:

Please submit a request here entitled "Withdrawal to Brokerage Account (Insert Your Registered Paxos Account Email)" and provide us with the following documents:

1. Proof of brokerage account ownership:
   • Brokerage account statement showing account owners name and account number. 
     
     
2. Please verify the wire instructions provided by your brokerage. If the beneficiary name differs from your Paxos account, please provide us with a screenshot or PDF copy of your Brokerage's wire instructions.

Once received, our team will review the documents, and if approved, we will provide you with the instructions on how to set up your wire withdrawal request in your Paxos account to facilitate this.

** Please note that if you do not provide us with proof of account ownership prior to submitting the withdrawal request we will deny the withdrawal.