Skip to main content

Guidelines for receiving payments to your European bank account

The dos and don'ts of your European bank accounts.

Written by Mojisola Aimasiko
Updated over a year ago

​​Congratulations on setting up your brand-new European bank account! Please note the following:

• Your European bank account is addressable in SEPA transfers. (SEPA/SEPA INSTANT)

• Your European bank account can only receive payments from countries within the EEA region.

• Receiving payments to your European bank account has a 0.8% fee.

• Receiving payments into your European bank account can take up to the Transaction date + 2 business days, depending on the payment scheme the sending bank uses.

• Payments from countries outside the EEA region are NOT supported.

• You CANNOT receive international SWIFT or Wire transfers to your European bank account.

• You CANNOT receive payments in other currencies to your European bank account.

  • Sending other currencies(e.g., USD) to your European bank account is not supported and is at your own risk.

  • We do not support receiving payments for CRYPTOCURRENCY, P2P, BETTING, and FOREX TRADING purposes.

Did this answer your question?