How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer

How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer


How to deposit fiat currencies, for example, EUR, GBP, etc., via Bank Transfer (SEPA)

Select [Bank Deposit] under the [Buy Crypto] tab.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
Select the corresponding currency, enter the amount, and click [Continue].
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
Get detailed payment information.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
Complete Deposit to your account.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer


Frequently Asked Questions

Q1. Will the deposit/withdrawal be completed immediately, and how long will it take?
If you requested a deposit or withdrawal after 17:00, it is expected to arrive the next working day. The deposit and withdrawal functions are temporarily unavailable from Friday 17:00 to Monday 08:00.

Q2. Are there any unsupported banks, and which ones are they?
Fire (Ireland), Monzo (UK), Revolut(UK), and Transferwise (UK).

Q3. What are the deposit/withdrawal limits?
Please click here to check the limits.

Q4. When I placed an order, I was told that my daily limit was not enough. How can I increase the limit?
You can go to the user authentication center to upgrade your account authentication level according to the information on the page. Then, you can upgrade to the corresponding level limit.

Q5. Where can I check the purchase order record?
You can click [Wallet]-[Overview]-Transaction order in the upper right corner to view the order record.

Q6. I transferred the money, why havent I received it yet?
1. Due to compliance requirements, a small number of transfers will be manually reviewed. It takes about a few hours during working hours and one working day during non-working hours.

2. If you use SWIFT as a transfer method, the funds will be returned. Please note that it may take a long time to return the funds to your account in this case. As such, please confirm that you are NOT using SWIFT before transferring.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer

Video Guide


Binance Bank Transfer via SEPA and Faster Payments


1. What is the Single Euro Payments Area (SEPA)?

SEPA is an initiative of the European Union and is strongly supported by the European Commission and the European Central Bank that allows fast, reliable, and affordable Euro (EUR) transfers between bank accounts within the SEPA-zone.

2. What are the Deposit and Withdraw Fees for EUR?

Availability Deposit Fee Withdrawal Fee Processing Time
SEPA Free 0.80 EUR
0-3 business days.
Weekdays only
SEPA Instant Free 0.80 EUR Within a few minutes. 24/7/365

Important Notes:
  • 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.
  • You will enjoy a lifetime limit of 150 USD after you register. To increase the limit, please proceed to complete your identity verification.
  • Fees listed in the above chart do not include additional fees charged by your bank (if any).
  • SEPA Instant supports 24/7/365 processing, however, users are advised to consult their bank regarding the availability of SEPA Instant and possible fees charged by your bank.

3. What is Faster Payments Service (FPS)?

FPS is a UK banking initiative to reduce payment times, United Kingdom’s 24/7 Real-Time Payment System, and is one of the most advanced systems of its type in the world. FPS allows fast, reliable, and affordable GBP transfers.

4. What are the Deposit and Withdraw fees for GBP?

Availability Deposit Fee Withdrawal Fee Processing Time
FPS Free 1.5 GBP In a few minutes. 24/7/365
Important Notes:
  • 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.
  • In order to enjoy a higher limit, please proceed to complete your identity verification.
  • Fees listed in the above chart do not include additional fees charged by your bank (if any).
Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence. Investments in crypto assets are not covered by the Financial Ombudsman Service or subject to protection under the Financial Services Compensation Scheme.

Complete the Identity Verification for SEPA and Faster payments

Identity Verification

1. Log in to your Binance account.

2. Click the [Identification] button on the personal information tab as shown below:
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
3. Click the [Verify] button beside “Personal Details” under the Identity Verification section.

4. Choose your country/region and click [Start].
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
5. In the next screen, please input the information as requested and click the [Submit Continue] button.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
6. Choose the issuing country/region and select the ID type (passport, driver’s license or identity card).
You must use a valid government-issued picture identification document.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
7. Next, you will need to perform facial verification. Please avoid wearing hats or glasses and using filters. Also, make sure there is enough lighting. When you are ready, click [Begin Verification].
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
8. That’s it! You successfully submitted your verification. You will receive the result in your email address within 1-3 business days. Please, be patient.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer

Address Verification

1. Log in to your Binance account.
2. Click the [Identification] button on the personal information tab as shown below:
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
3. Click the [Verify] button beside “Residential Address” under the Identity Verification section.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer
4. Next, you will need to provide a proof of residence, such as a bank statement or utility bill (electricity, water, internet, etc.). Make sure to adhere with the following instructions:
  • Your name on the document must be the same as your submitted ID.
  • Your address on the document must be the same as the residential address you entered.
  • Your document must have been issued within the last 3 months.
  • Your name, address, document issue date, and issuer must be shown clearly on the document.
  • Your document must have a high image quality (at least 300 DPI) in one of the following formats: PDF, JPEG, JPG, PNG.
How to Deposit Fiat Currencies on Binance via a SEPA Bank Transfer

5. After uploading your proof of residence click the [Begin Verification] button.
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