You can use SWIFT for GBP and EUR transfers. In this article, you’ll find a step-by-step instruction on how to deposit funds via SWIFT.
Note: This payment method is unavailable in some countries and regions due to local and international laws and regulations. For more information, please see the list of available countries or contact support at support@coinloan.io.
How to deposit EUR and GBP via SWIFT
Web platform
⠀⠀2. Go to Wallet, find EUR or GBP, depending on the currency you’d like to deposit, and click the Deposit button.
⠀⠀3. Choose the SWIFT payment method.
EUR deposit methods – Web platform
⠀⠀4. Enter the desired amount into the field and click the Continue button.
Note: The minimum deposit amount is 5,000 for EUR and GBP.
Choosing SWIFT as deposit method – Web platform
⠀⠀5. Initiate a transfer from your bank account in the corresponding currency.
Mobile app
⠀⠀2. Go to the Wallet module.
⠀⠀3. Choose EUR or GBP, depending on the currency you’d like to deposit, and press the Deposit button.
EUR deposit screen — Mobile app
⠀⠀4. After that, go to the SWIFT deposit method.
EUR deposit methods — Mobile app
⠀⠀5. Enter the desired amount in the Deposit module and tap the Confirm button.
EUR deposit confirmation — Mobile app
Note: The minimum deposit amount is 5,000 for EUR and GBP.
⠀⠀6. Initiate a transfer from your bank account in the corresponding currency.
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 SWIFT Details form. Otherwise, your transfer won’t succeed.
The Reference 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 support@coinloan.io.
CoinLoan takes over transfer fees. However, some additional fees might be charged by intermediate banks SWIFT uses for transferring your funds.
SWIFT deposits usually take up to 3 business days.