No, Kudo does not permit withdrawals to third-party accounts.

For security, compliance and Anti-Money Laundering (AML) purposes, withdrawals can only be sent to a payment method or bank account registered in the same name as your Kudo trading account.

This means you cannot withdraw funds to:

- A friend's bank account
- A family member's bank account
- A third-party card
- A third-party electronic wallet

Kudo may request additional documentation to verify ownership of a payment method before processing a withdrawal. This helps protect client funds and ensures compliance with financial crime prevention regulations.

In most cases, withdrawals are returned to the original funding source where applicable. If this is not possible, alternative withdrawal methods may be offered, subject to verification and approval.

Attempting to withdraw funds to a third-party account may result in the withdrawal being rejected, delayed or subject to additional compliance review.

If you are unsure whether your withdrawal method is eligible, please contact Kudo Support before submitting your withdrawal request.