1. How do I withdraw funds from ShopeePay?
There are two types of sub-wallets in ShopeePay which are Transferable and Non-transferable balances.
- Transferable balance includes top-ups made from online banking, Maybank2u, and debit cards
- Non-transferable balance is top-ups made from credit cards and cash
- Only Transferable balances are withdrawable and transferable to other users
Withdrawals cannot be cancelled once confirmed.
Step 1: Click on Transfer
Step 2: Select Withdrawal
Step 3: Click on Add New Bank Account
Step 4: Fill out your Bank Details
Step 5: Click on Confirm
Step 6: Once submitted, it will be Under Review
Step 7: Once approved, select your Saved Bank Account for withdrawal
Step 8: Enter the Withdrawal Amount
Step 9: Enter the Withdrawal Purpose
Step 10: Click on Next
Step 11: Review details
Step 12: Click on Transfer Now
Step 13: Click on OK
⚠️Note:
- You can only withdraw to your bank account. Any withdrawals to a bank account that is not in your name will be rejected, including joint bank accounts.
- You can submit your withdrawal on the weekends/ public holidays but note that it will take 1-3 working days to be processed
- You can't withdraw funds without verifying your identity
- The minimum amount for withdrawal is RM1.00.
- You can review your withdrawal details under Last Transactions
- Withdrawal requests cannot be cancelled once a request has been made