How much is the withdrawal fee for Shopee official wallet? How long does it take for the withdrawal to be credited?

The official wallet on the Shopee cross-border e-commerce platform is very convenient to use. Some seller friends want to inquire about the withdrawal fee of the Shopee official wallet before using it?

1. How much is the withdrawal fee from Shopee official wallet?

Shopee Official Wallet provides sellers with competitive rates and exchange rates. Please continue to pay attention to our promotional activities to enjoy lower withdrawal rates! Please check the specific withdrawal rates and exchange rates on the Shopee Official Wallet page.

Domestic withdrawals support RMB; overseas withdrawals support USD, SGD, HKD, offshore RMB, GBP, EUR and JPY.

On the withdrawal page, sellers can see the withdrawal fee rate and corresponding withdrawal fee for each transaction; on the withdrawal record page, you can view the transaction fee records for each past transaction.

Seller friends just need to find the finance in the store background, click to see the Shopee official wallet, then click to open and follow the prompts. Currently, one wallet can be used for multiple Shopee stores.

2. How long does it take for withdrawals to be received from Shopee official wallet?

1. For RMB withdrawals where the receiving account is a domestic bank account:

Fast withdrawal: Initiate at any time on working days and non-working days, and the funds are expected to arrive within 2 hours;

Ordinary withdrawal: Initiated between 9:30-14:00 on working days, expected to arrive on the same day; initiated between 14:00 on working days and 9:30 on the next day or on non-working days, expected to arrive on the next working day; in case of holidays or currency holidays, the arrival time will be postponed, and the specific arrival time is subject to the bank's processing time.

2. Foreign currency withdrawal: The specific arrival time is subject to the bank's processing time.

Withdrawal exchange rate:

1. RMB withdrawals for domestic bank accounts

9:30-14:00 on working days: Initiate quick withdrawal/normal withdrawal, and the seller will enjoy an exchange rate that is better than the real-time spot purchase price of mainstream Chinese banks;

Non-working days and after 14:00 on working days: Initiate quick withdrawal/normal withdrawal. The exchange rate used is the exchange rate provided by the cooperative bank. What you see is what you get, and there is no exchange loss.

2. Foreign currency withdrawal:

When initiating a withdrawal, the estimated amount of money the seller sees on the withdrawal page is the actual amount of money received.

The specific withdrawal rate and exchange rate of Shopee official wallet are not fixed, so seller friends need to pay attention to the latest exchange rate situation and try to minimize exchange rate losses.

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