Received money from a friend through LINE Pay, or got reward credits from an event, but don’t know how to withdraw from LINE Pay to your bank account? Worried that using LINE Pay Money to withdraw might come with high fees? Don’t worry! This article provides the most complete LINE Pay withdrawal guide. With 5 simple steps, you can easily transfer your iPASS MONEY balance out, along with the latest list of banks offering zero withdrawal fees, helping you save on every transaction.
Before starting the withdrawal guide, the most important step is to clarify a common misunderstanding: your money is not actually stored in “LINE Pay”, but in “iPASS MONEY” (formerly LINE Pay Money). These two are partners, but their functions are completely different.
Simply put, LINE Pay is the “tool” for making payments, while iPASS MONEY is the “account” that holds your money. Therefore, what is commonly referred to as “LINE Pay withdrawal” is essentially withdrawing the balance from your iPASS MONEY account to your designated bank account.
According to Taiwan’s financial regulations, services that include top up and transfer functions must be operated by a licensed electronic payment institution. In the LINE Pay ecosystem, this role is fulfilled by “iPASS Corporation”. Therefore, when a friend transfers money to you through LINE Pay, or when you receive any cashback rewards, the funds are deposited directly into your iPASS MONEY electronic payment account, rather than the LINE Pay application itself.
Checking your balance is very simple and can be done in just a few taps:
After understanding the basic concepts, the next part is the actual LINE Pay withdrawal tutorial. The entire process is very straightforward. Simply follow the steps below to withdraw your money with ease.
First, open your LINE App and tap the “Wallet” tab at the bottom right. Then tap the “iPASS MONEY” section at the top. The system will ask you to enter your iPASS MONEY password (or use biometric authentication) to log in.
After successfully logging in to the iPASS MONEY homepage, you will see the main function buttons such as “Top Up”, “Transfer”, and “Withdraw”. Tap the orange “Withdraw” button. If you have already linked a bank account, the system will display your linked accounts. If not, you will need to add a bank account under your name before proceeding.
On the withdrawal page, you will see your current available balance. In the “Withdrawal Amount” field, enter the amount you want to transfer to your bank. Please note that the withdrawal amount cannot exceed your account balance.
After entering the amount, tap “Confirm”. The system will display a password verification window again. Enter your 6 digit iPASS MONEY password to authorize this withdrawal. This is the final security step to protect your account.
After the password verification is completed, a “Withdrawal Successful” notification will appear on the screen, and your iPASS MONEY balance will be deducted. The funds usually arrive instantly or within a few minutes in your designated bank account. It is recommended to immediately log in to your online banking or mobile banking App to check whether the amount has been successfully credited.
One of the biggest concerns for most users is how LINE Pay withdrawal fees are calculated. The fee policy varies depending on the bank you transfer to. Making good use of partner banks that offer zero fees is the key to avoiding having your hard earned rewards eaten up by withdrawal charges.
Withdrawing your iPASS MONEY balance to designated partner banks allows you to enjoy a “0 fee” benefit. According to the official announcement from iPASS Corporation, the banks currently offering fee free withdrawals are as follows:
| Bank category |
Bank name |
| Digital banks | LINE Bank |
| Traditional banks | Union Bank of Taiwan |
| Land Bank of Taiwan | |
| Shin Kong Commercial Bank | |
| Bank of Kaohsiung | |
| CTBC Bank | |
| Cathay United Bank | |
| E.SUN Commercial Bank | |
| Taishin International Bank | |
| Taipei Fubon Commercial Bank | |
| Yuanta Commercial Bank |
* The above list was last updated in the first quarter of 2025. For the actual list, please refer to the official iPASS announcement.
If the bank account you withdraw to is not one of the fee free partner banks listed above, each transaction will incur an interbank handling fee of NT$ 15, regardless of the withdrawal amount. This fee will be deducted directly from your withdrawal amount. For example, if you withdraw NT$ 1,000, your bank account will actually receive NT$ 985.
Therefore, if you frequently make LINE Pay withdrawals, it is strongly recommended to open an account with one of the fee free banks listed above (especially a digital bank with a fast application process), as this can save you a considerable amount of money over time.
A: Yes. iPASS MONEY withdrawal amounts are subject to electronic payment regulatory limits. Generally, the maximum amount per transaction is NT$ 49,999, the daily withdrawal limit is NT$ 299,999, and the monthly total limit varies depending on your verification level. Full limit information can be found in the iPASS MONEY terms of use.
A: In most cases, withdrawals are nearly instantaneous. Within a few minutes after completing the withdrawal process, the funds will appear in your bank account balance. However, if the bank system is under maintenance or it is outside business hours, the arrival time may be delayed. If you still have not received the funds after one day, it is recommended to contact the iPASS MONEY customer service center.
A: No. Based on financial regulations and anti money laundering requirements, the balance in your iPASS MONEY account can only be withdrawn to a verified bank account under “your own name”. You cannot withdraw money directly to a family member’s, friend’s, or any other person’s bank account. If you need to send money to someone else, you should use the “Transfer” function.
A: If you cannot find the “Withdraw” function in the LINE Pay wallet, it is usually due to two possible reasons: First, you may not have registered and activated your iPASS MONEY account yet, and you must complete identity verification and the registration process first. Second, you may be checking the wrong location. Please remember that the withdrawal function is located on the “iPASS MONEY” main page, not on the LINE Pay payment code page.
In summary, the key to LINE Pay withdrawal lies in completing the process through its partner account, “iPASS MONEY”. The entire procedure is very simple. Just follow the five step guide in this article and make good use of the fee free bank list we provided, and you can easily and cost effectively transfer your LINE Pay balance into your personal bank account. Open your LINE App now and try completing the full LINE Pay Money withdrawal process!
