Binance Bank Transfer via SEPA and Faster Payments

 Trading FAQs    |      2020-06-10
⚠️Binance is temporarily suspending EUR deposits via SEPA Bank Transfers. You are still able to deposit EUR and/or buy cryptocurrencies via credit or debit cards on Binance. Any deposits attempted via SEPA in the meantime will be returned within 7 working days.
For an alternative option, please refer to our guides:
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?
AvailabilityDeposit FeeWithdrawal FeeProcessing Time
SEPAFree0.80 EUR
0-3 business days.
Weekdays only
SEPA InstantFree0.80 EURWithin 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?
AvailabilityDeposit FeeWithdrawal FeeProcessing Time
FPSFree1.5 GBPIn 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.