To deposit EUR to CoinLoan, you can use SEPA or SWIFT. In this article, you’ll find a step-by-step instruction on how to deposit via SEPA. To see the guide on depositing EUR via SWIFT, please follow the link.
Note: SEPA is available to Eurozone residents only. Here’s the list of countries that can use SEPA.
How to deposit EUR via SEPA
Web platform
⠀⠀2. Go to Wallet, find EUR, and click the Deposit button.
⠀⠀3. Choose the SEPA payment method.
EUR deposit methods – Web platform
⠀⠀4. Enter the desired amount into the field and press the Continue button.
Note: The minimum deposit amount is 10 EUR.
Choosing SEPA as deposit method – Web platform
⠀⠀5. Initiate a transfer from your bank account in Euro.
Mobile app
⠀⠀2. Go to the Wallet module.
⠀⠀3. Find EUR and press the Deposit button.
EUR deposit screen — Mobile app
⠀⠀4. Select the SEPA deposit method.⠀
EUR deposit options — Mobile app
⠀⠀5. Enter the desired amount in the Deposit module and tap the Confirm button.
EUR deposit form — Mobile app
Note: The minimum deposit amount is 10 EUR.
⠀⠀6. Initiate a transfer from your bank account in Euro.
Important notes
The name on your bank account form must match the registered name on our platform.
Your transfer details have to be put precisely like in the SEPA Details form. Otherwise, your transfer won’t succeed.
The Reference phrase you see after clicking Continue is a unique code you should use precisely for your transfer to go through. If you don’t know which field to put it in, please contact your bank.
If you want to make a deposit through a corporate bank account, upgrade your CoinLoan account to a corporate one by contacting corporate@coinloan.io or filling in the Corporate Onboarding Application.
CoinLoan takes care of the SEPA transfer fees. However, some banks may have their own fee policy, and you might be charged with their fees.
SEPA deposits usually take up to 1–3 business days.