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You may already be aware that Local Bank Transfers are now available as an additional payment method on IQ Option. We would like to take a moment to give you more information on how to deposit and withdraw through your preferred local bank.

How to deposit

Go to the IQ Option website and click on ‘Deposit’ on the right side of your screen.

How to Deposit and Withdraw with a Local Bank: South African Republic

Choose the amount you would like to deposit and your preferred local bank. For your convenience, here is the full list of banks available for payment in your country:

How to Deposit and Withdraw with a Local Bank: South African Republic

Finally, click on ‘Go to payment’.

How to Deposit and Withdraw with a Local Bank: South African Republic

You will be redirected to the payment gateway of your chosen bank. Please input the necessary credentials and click ‘Login’.

How to Deposit and Withdraw with a Local Bank: South African Republic

Input the OTP code received on your phone and please choose a bank account for the transaction, if necessary.

After the OTP code is verified by the system, you will receive a message confirming your deposit has been successfully processed.

How to Deposit and Withdraw with a Local Bank: South African Republic

How to withdraw

Please choose your local bank. Then input the amount to be withdrawn as well as your banking account credentials.

Click on the ‘Withdraw Funds’ button.

How to Deposit and Withdraw with a Local Bank: South African Republic

Success! Your withdrawal request has been submitted.

How to Deposit and Withdraw with a Local Bank: South African Republic

Deposit now