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Last updated: 7 Nov 2024
1. What is Pay by Bank app?
Pay by Bank app is a secure way to transfer funds from your account to another. It involves sharing your banking data with third-party providers through secure APIs, only with your consent.
2. How to deposit to Binance via Pay by Bank app?
You can deposit EUR to Binance via easy bank transfer on the Binance app.
1. Log in to your Binance app and tap [Wallets] - [Deposit] on the app homepage.
2. Search and select EUR on the currency list. Tap [Deposit EUR].
3. Choose [Pay by bank app] and tap [Continue].
4. If you haven’t completed Identity Verification for your Binance account, you will be prompted to do so at this step. Tap [Verify Now] and follow the instructions to complete.
5. If you haven’t linked your Binance account to TrueLayer before, tap [Link Account via TrueLayer].
6. You will be directed to TrueLayer’s website. Select your bank, log in, and grant TrueLayer access to your account.
7. The linking process should be instant. Please note that the account must be under the same name as your Binance account. Once your bank account is verified, tap [Deposit Now].
8. Enter the amount you want to deposit and you’ll see the transaction fee (if any). Tap [Continue].
9. You’ll be redirected to TrueLayer. Choose a linked bank account, confirm and authorize the transaction.
10. Your deposit order is now submitted. Please wait patiently for your bank to process your order. You can tap [View History] to check the order status.
Typically, your order will be processed within 1-7 business working days. If your funds haven’t arrived after 7 business days, please reach out to Customer Support for further assistance.
If your deposit is denied, please ensure that your bank account balance is sufficient to cover the order and that you have completed the 2FA verification (if required).
To learn more, please visit the EUR Transfer FAQs page.
1. What is Pay by Bank app?
Pay by Bank app is a secure way to transfer funds from your account to another. It involves sharing your banking data with third-party providers through secure APIs, only with your consent.
2. How to deposit EUR to Binance via Pay by Bank app?
You can deposit EUR to Binance easily via Pay by Bank app on the Binance website.
1. Log in to your Binance account. Click [Deposit].
2. Choose [Bank Deposit] on the side panel.
3. Select [EUR] under [Currency] and choose to pay with [Pay by Bank app]. Then, click [Continue].
4. If you haven’t completed Identity Verification for your Binance account, you will be prompted to do so at this step.
5. If you haven’t linked your Binance account to TrueLayer before, click [Link Account via TrueLayer].
6. Then, you will be directed to TrueLayer’s website. Select your bank, log in, and grant TrueLayer access to your account.
7. The linking process should be instant. Please note that the account must be under the same name as your Binance account. Once your bank account is verified, click [Deposit Now].
8. Now, enter the amount you want to deposit and you will see the transaction fee (if any). Click [Continue].
9. You will then be directed to TrueLayer’s website again. Choose a linked bank account, confirm and authorize the transaction.
10. Your deposit order is now submitted. Please wait patiently for your bank to process your order. You can click [View History] to check the order status.
Typically, your order will be processed within 1 - 7 working days. If your funds haven’t arrived after 7 working days, click [Appeal].
If your deposit is denied, please ensure that your bank account balance is sufficient to cover the order and that you have completed the MFA (if required).
To learn more, please visit the EUR Transfer FAQs page.