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Guidelines for receiving payments to your European bank account
Guidelines for receiving payments to your European bank account

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

Mojisola Aimasiko avatar
Written by Mojisola Aimasiko
Updated over 2 months 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 1% 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.

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