KAST lets you send money straight from your balance to supported bank accounts using Global Payout and Local Payout, both available through KAST Pay.
Global and Local Payouts use different banking routes depending on the currency and destination. This article explains how each payout type works, which local currencies are supported, what fees to expect, and how to choose the right option.
What Is KAST Pay?
KAST Pay is the payment feature in KAST that lets you send and move money in multiple ways. You can send funds on-chain, send money to other KAST users using a KAST tag, or send money directly to bank accounts using Global or Local Payouts – giving you flexibility on how you choose to move your money.
What Are Global and Local Payouts?
Global and Local Payouts are the two ways KAST Pay sends money to bank accounts.
The option available to you depends on:
- The currency you’re sending
- The destination country
- Whether local banking rails are available
What Is a Global Payout?
A Global Payout allows you to send USD from KAST to bank accounts in 200+ countries using the SWIFT network.
Temporary update: USD Global Payouts via SWIFT are currently unavailable.
When SWIFT is unavailable, you can:
- Use Local Payouts (if available in your country/corridor)
- Send cryptocurrency on-chain (for example, send to another wallet address or
another KAST account)
Global Payouts are used when local banking rails are not available. Funds are delivered in USD, and processing typically takes between 1 and 5 business days, depending on the receiving bank and any intermediary banks involved.
What Is a Local Payout?
A Local Payout sends money from KAST to a bank account through the destination country’s domestic banking system, delivered in the local currency.
Local Payouts are generally faster and more predictable than global transfers. When available, they are the recommended option for sending money to a supported country in its local currency.
Which Local Payout Currencies Are Supported?
KAST currently supports Local Payouts in the following countries and regions:
| Country / Region | Local Currency |
|---|---|
| United States | USD |
| Europe (SEPA) | EUR |
| United Arab Emirates | AED |
| Saudi Arabia | SAR |
| Japan | JPY |
| India | INR |
| Philippines | PHP |
| Thailand | THB |
| Nigeria | NGN |
| United Kingdom | GBP |
| Mexico | MXN |
| Australia | AUD |
Additional Fast payout currencies and regions will be added over time.
Important: Fiat pay-in and pay-out services are not supported in certain high-risk countries due to compliance requirements.
How Do I Send a Payout Using KAST Pay?
To send money to a bank account:
| 1. Open your KAST app and head to the Pay tab. | |
| 2. Choose USD via Swift (Global Payout) or Fast Payout, depending on your needs. | |
| 3. Select the destination country (for Global Payout) or currency (for Fast Payout). | |
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4. Enter the amount |
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5. Select the recipient and enter bank details.
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Your funds are converted at the current FX rate, with fees and delivery times shown upfront before you confirm.
What are the Fees and Processing Times for Payouts?
Every payout uses live FX rates with transparent conversion and transfer fees shown upfront. You’ll always know exactly how much you’ll receive and when it’ll arrive.
| Currency | FX Conversion / Processing Fee | Transfer Fee (USD) | Processing Time |
|---|---|---|---|
| USD (Global) | 0.5% (Fee waived until February 2026) |
30 USD (Fee refunded for $5K+ transactions) |
1–5 business days |
| USD (Fast) | 0.5% (Fee waived until February 2026) |
2 USD via ACH; 20 USD via Fedwire |
1–5 business days |
| AED (UAE) | 1% |
3 USD |
Arrives next business day |
| JPY (Japan) | 1% |
30 USD |
1–5 business days |
| SAR (Saudi Arabia) | 1% |
30 USD |
1–5 business days |
| INR (India) | 1% |
2 USD |
<24 hours |
| PHP (Philippines) | 1% |
2 USD |
1–50,000 PHP: Almost Instant Above 50,000 PHP: <24 hours |
| THB (Thailand) | 1% |
2 USD |
Almost Instant |
| NGN (Nigeria) | 1% |
2 USD |
<24 hours |
| GBP (United Kingdom) | 1% |
3 USD |
<24 hours |
| MXN (Mexico) | 1% |
2 USD |
Almost Instant |
| EUR (Europe) | 1% |
No Fee |
<24 hours |
| AUD (Australia) | 1% |
4 USD |
Almost Instant |
How Are Fees Calculated?
When you create a payout, KAST shows all costs upfront - so you always know exactly how much will be deducted and how much your recipient will receive.
You’ll see the following breakdown on your payout screen:
- Amount: The total you’re sending (e.g., $10,000)
- Fee: The total cost for this payout (e.g., $15)
- Total Deducted: The total amount that will be deducted from your KAST balance (e.g., $10,015)
- Processing Time: The estimated delivery time based on your region
- FX Rate Validity: How long the shown exchange rate is locked in before it refreshes
What’s Included in the Payout Cost?
Your total payout cost is made up of:
-
FX Conversion Fee – already built into the exchange rate you see when converting your stablecoins to local currency.
-
This percentage depends on the destination country and currency.
KAST uses the live market rate, adjusted slightly for conversion.
-
- Processing Fee (For USD Payouts)
- A fee applied to cover the operational and settlement costs of converting your stablecoins into USD as part of the payout process.
-
Transfer Fee – shown as the Fee line on your payout screen.
- This is a fixed cost for sending funds to your bank through our partner’s payment network.
Which Banks Are Supported for Payouts?
Global Payouts works with most major banks around the world. The only requirement is that your bank can receive transfers in the payout method you choose.
-
For Global payouts (Global USD):
You can send funds to any USD bank account that has a SWIFT or BIC code.
-
For Fast payouts (Local USD, EUR, AED, MAD):
You’ll need a local bank account in a country that supports that currency.
For example, EUR payouts go through SEPA in Europe, AED through UAE local banks, and MAD through banks in Morocco.
Why Can’t I See Fiat Pay-In or Pay-Out Options?
If you are located in a country where fiat pay-in or pay-out is not supported, fiat on/off-ramp options may not appear in the app.
This means:
- Fiat payout options such as Local Payout and Global Payout may be hidden.
- Fiat pay-in options may also be unavailable.
- If you select Bank Details, you may see an unsupported-region message instead.
This restriction applies only to fiat pay-in and fiat pay-out services. Card transactions, stablecoin deposits and withdrawals, and other KAST services continue to work as normal where available.
Frequently Asked Questions
What’s the main difference between Fast and Global Payouts in KAST?
Fast Payouts use domestic banking systems and deliver funds in the recipient’s local currency. Global Payouts send USD internationally through the SWIFT network.
When should I use a Global Payout?
Use a Global Payout when you need to send money to a country where local payout rails are not available. This option provides the widest country coverage.
Are Fast Payouts always faster?
In most cases, yes. Fast Payouts are usually same day or next business day, while Global Payouts take longer due to international routing.
Why is my payout taking longer than expected?
Delays are usually caused by incorrect bank details, intermediary bank processing, or additional checks by the receiving bank. Global Payouts may also take longer due to international routing. If your payout exceeds the estimated delivery time, contact KAST Concierge for assistance.
Are there minimum or maximum payout amounts?
Yes. Minimum and maximum payout limits vary by currency and destination country. You’ll see your limits in the app before confirming your payout.