Fiat Wallet – EUR Bank Transfers via SEPA Network

Bank transfers via SEPA Network are a relatively cheap way to transfer funds into the Crypto.com App .

How to set up my EUR fiat wallet?

  1. Go to “ Fiat Wallet ” from Super App Menu Button OR
    From the home page, Tap “ Transfer ” > “ Deposit ” > “ Fiat
  2. Tap on the “ + Set Up New Currency ” button
  3. Setup EUR (SEPA)
  4. Complete the EUR wallet set-up as per the SEPA net instructions and T & C acceptance
  5. Use the bank history information provided to transfer directly through your bank via the SEPA network
  6. We will notify you once your bank transfer has been successfully deposited

How to deposit EUR?

Upon successful frame-up of the SEPA bank transfer report, you will see an data page with all the details necessary to transfer EUR from your bank account. This data can be besides accessed via the “ Transfer ” clitoris in your EUR decree wallet. Please keep in mind that only SEPA transfers from bank accounts bearing your name will be accepted. The information needed consists of :

  • Beneficiary diagnose – the legal name you used to register in our app ( this is the person you ’ re sending the money to )
  • IBAN – this is the bank account number, to which you are sending the funds
  • BIC/SWIFT code – some banks require it to transfer the money
  • institution appoint, address, and country – not all banks require this information, but if they do, please use the details provided here

There may be slender differences in the details required by banks, but the information you have here will be sufficient for all of them .

How to purchase crypto with your EUR fiat wallet?

Funds in your EUR Wallet can be used to purchase crypto in the Crypto.com App. once the funds are in ( you will receive an in-app presentment and an electronic mail ), you can purchase crypto by :

  1. Tap the Trade button on the home page
  2. Tap the Buy push button
  3. Selecting the crypto you wish to buy
  4. Tap on Fiat Wallet
  5. blue-ribbon EUR

Troubleshooting

There are a few things to remember when making a bank transfer to your Crypto.com App :

  1. EUROs : lone EUR SEPA** transfers will be accepted. A EUR remove initiated from external of SEPA will not be successful, and solid fees for international transmit may be imposed on your funds .
  2. Your Named account : We can only accept transfers from bank accounts opened under your own name. 3rd party transfers ( e.g. payments from your customers, wage transferred by your employer, etc. ) will not be accepted. specifically, we will not accept transfers from crypto exchanges ( e.g. Kraken, Bittrex, etc. ) .
  3. Processing prison term : Although SEPA transfers are very fast ( normally the lapp or the next day ), please give up 2-5 occupation days for the funds to arrive in your account, particularly if you ’ re transferring money to your app for the first time. If you don ’ deoxythymidine monophosphate see the funds in your app by that time, please use the in-app/website chat ( you can find it in the Settings section ) or email our support at [ electronic mail protected ] .
  4. common Issues : The most common reasons for your transfer being on hold ( i.e. not reaching your app within 2-5 business days ), are :
  • the name of your savings bank account does not fully match your diagnose on our record
  • you sent the funds from a joint account
  • your transportation was not a SEPA transplant or came from an unsupported mental hospital ( e.g. a crypto exchange )
  • your transmit was not made from a bank, but a payments processing company ( e.g. Stripe, Wise, etc. )

For information on the use of TransferWise to fund your EUR Bank Transfers via SEPA Network, read hera.

When contacting our defend, please be ready to provide us with supporting documents ( e.g. a depository financial institution statement ) showing your full name, the bank explanation you made the transfer from, and – ideally – the transaction itself .

  • Although SEPA transfers are free, your deposit may charge you fees, specifically if you ’ ra initiating your SEPA transfer from a non-EUR account. Please check with your bank, before continue .

** hypertext transfer protocol : //www.ecb.europa.eu/paym/integration/retail/sepa/html/index.en.html

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