How to Deposit EUR via SEPA Bank Transfer?

2020-11-19 11:06
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User Flow 2

Last Updated: 16 December 2024

This section applies to users residing in France, Italy, Spain, Poland, Sweden, and Germany.

For all other regions, please click to view the next tab (User Flow 2).

How to deposit EUR via SEPA bank transfer?

1. Log in to your Binance account and click [Deposit].

Choose [Bank Deposit] on the side panel.

2. Switch to [SEPA bank transfer (Instant)], and click [Continue].

2.1 If you haven’t completed identity verification for your Binance account, you’ll be prompted to do so at this step.

2.2 To comply with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) laws and regulations, you may be required to provide more information, such as completing a Source of Wealth Declaration. The review process could take up to 10 working days, depending on your country of residence. If you wish to cancel the deposit instead, the refund could take from 3 to 4 business days to be processed.

3. Enter the fiat currency amount you want to deposit and click [Continue].

The final amount to be credited to your Binance Fiat Wallet (i.e. your fiat cash balance) will be equal to the amount selected minus the transaction fees applied.

Please note that the fee charged depends on the method you choose. For example, if you wish to deposit 100 EUR via Bank Transfer (SEPA Instant), we will charge you a 1 EUR fee, and the final amount to be credited in your wallet shall be 99 EUR.

4. Choose Bank transfer (SEPA Instant) to proceed and accept the Terms and Conditions to get your IBAN number instantly.

If the page shows that the limit is exceeded, it could be due to any of the following reasons:

  • you haven’t completed additional verifications to increase your limits,
  • your verification failed or is under review,
  • you need to undergo verification, or
  • the amount you selected for this deposit method exceeds our limits.

Please follow the instructions shown on the page to proceed your transaction.

5. Please wait patiently for bank details to process.

6. Read the important notes carefully and click [OK] to continue.

Please note that:

  • Your bank account name must match the name registered to your Binance account.
  • SWIFT transfers are not supported. Any funds sent via SWIFT will be rejected and returned to the sender within 2 weeks.

7. Transfer money to proceed with the order. Check the payment details and applicable deposit method fees carefully before making the transaction.

8. Upon successful completion of your transfer, your funds will arrive in 1-2 business days. You can check your order status by clicking [Orders] on the top right of the page.

To learn more about how to deposit fiat on Binance, please visit the following: