If you have no active loan, or if you have made a payment larger than your monthly payment due and decide you don't want to use the money for repayment, you can transfer the money to your bank account. To transfer money to your bank account, log in with your details and scroll down on your dashboard until you see this:
But before you make a withdrawal order, please scroll to your dashboard and ensure that there will be enough money on your account for your next repayment, e.g.:
- You can only transfer money to the same bank account you used for your bank verification. If your bank account has changed or closed and you want to register a new account, please, click HERE.
- You can only transfer money to a bank account registered in your name and held at a licensed European credit institution. Please ensure your bank account details are correct before withdrawing.
- All transfers need to be confirmed with a PIN code sent to your registered phone number. If your phone number has changed and you have to register a new number, please, click HERE.
If everything is in place, you can complete the transfer to your bank account without any hassle. The money will generally be credited to your bank account the same day; however, payments made in the evenings, weekends, and holidays will be credited to your account on the next business day.
⚠️Please note: Your Bondora account does not function as a savings account, so we strongly advise that any money deposited into it is used exclusively towards the repayment of your loan installments or the loan itself.
Under no circumstances should you use your Bondora account for other purposes. Therefore, transfer limitations may apply if you decide to transfer funds frequently in short periods of time or in large amounts from your Bondora account.
⚠️If there is a payment date during the week that follows a withdrawal order, the withdrawal order will be canceled.
We may block the money transfer request if we detect suspicious behavior in a customer's transactions. If your transfer request is blocked, you should use the amounts in your Bondora account for your next payments or contact our customer support.