1. What is the Single Euro Payments Area (SEPA)?
2. What are the deposit and withdrawal fees for EUR?
Channel | Deposit Fee | Withdrawal Fee | Processing Time |
SEPA Standard | 1 EUR | 1 EUR | 1 - 3 business days. Weekdays only, excluding weekends and public holidays. |
SEPA Instant | 1 EUR | 1 EUR | Within a few minutes. |
- This information may change from time to time. Please login to your Binance account and navigate to the bank deposit page to get the most recent information.
- Fees listed in the above chart do not include additional fees charged by your bank (if any).
- SEPA Instant is available any time of day. However, users are advised to consult their bank regarding the availability of SEPA Instant and possible fees charged by your bank.
- SEPA Instant is only available for deposits on Binance.
3. How long does it take for the deposit to arrive in my account?
4. What should I pay attention to before making the transfer?
- The name on the bank account you use must match the name registered to your Binance account.
- Please do not transfer funds from a joint account. If your payment is made from a joint account, the transfer will most likely be declined by the bank as there is more than one name and they do not match the name of your Binance account.
- You must include a reference code when initiating a deposit transaction. For more details, please visit Frequently Asked Questions on SEPA EUR Bank Transfer Reference Code.
- Do not make any transfers below 2 EUR. After deducting the relevant fees, any transfers below 2 EUR will NOT be credited or returned.
- Bank transfers through SWIFT are not supported.
- SEPA Standard payments don’t work on weekends. Please try to avoid weekends or bank holidays. It usually takes 1-2 business days to reach us.
- Please note that users in the Netherlands and Switzerland cannot deposit via SEPA.