Can My Savings Be Transferred back to my Bank Account? – Reel

Before you request to withdraw your savings, remember you always have the option to transfer your savings towards another item instead.

If you still wish to withdraw your funds, please keep in mind that only the funds that have cleared on your Reel will be able to be transferred back to your account, pending contributions need to clear first before being transferable. Also, please keep in mind that credits, coupons, and contributions from friends can not be transferred back to your bank account.

To get started follow these simple steps:

STEP 1: You will need to transfer your savings from your Reel over to your Wallet, (pending savings can not be transferred over until they have cleared.)

STEP 2: Go to your Wallet, then click on transfer to bank.

STEP 3: You will be directed to another page where you will need to fill out a form providing your bank information and amount for your cash-out request. Once the form has been filled out you will need to click on Submit.

After requesting your savings back to your bank account, your savings will be made available in your bank account within up to 3-5 business days.

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