Cryptocurrencies are getting more popular. But despite that, some banks still view it as risky. And that can mean they reject fiat bank transfers if they think it relates to crypto.
To help make things easier, we’ve put together a list of banks that we know are more likely to work with crypto companies.
List of banks and countries
Here's a list of recommended banks:
UK banks — for GBP transfers
Below, a list of UK banks that are more likely to allow payments relating to crypto.
Bank | Open bank transfers | Direct (wire) transfers |
Monzo | ✅ | ❌ |
Barclays | ✅ | ❌ |
Revolut | ✅ | ❌ |
Santander | ✅ | ❌ |
First Direct | ✅ | ❌ |
Bank of Scotland | ✅ | ❌ |
Halifax | ✅ | ❌ |
Lloyds | ✅ | ❌ |
Nationwide | ✅ | ❌ |
HSBC | ✅ | ❌ |
Virgin Money | ✅ | ❌ |
Prepaid Technologies LTD | ❌ | ✅ |
European banks — for EUR bank transfers
Here's a list of banks within SEPA that are more likely to allow payments relating to crypto.
Bank | Belgium | Spain | France | Italy | Finland |
ING BELGIUM | ✅ | ❌ | ❌ | ❌ | ❌ |
BPOSTBANK-BPOSTBANQUE | ✅ | ❌ | ❌ | ❌ | ❌ |
BELFIUS BANK SA | ✅ | ❌ | ❌ | ❌ | ❌ |
BANCO BILBAO VIZCAYA ARGENTARIA S.A. | ❌ | ✅ | ❌ | ❌ | ❌ |
SOCIETE GENERALE | ❌ | ❌ | ✅ | ❌ | ❌ |
BNP-PARIBAS SA | ❌ | ❌ | ✅ | ❌ | ❌ |
BOURSORAMA | ❌ | ❌ | ✅ | ❌ | ❌ |
INTESA SANPAOLO | ❌ | ❌ | ❌ | ✅ | ❌ |
POSTE ITALIANE S.P.A. | ❌ | ❌ | ❌ | ✅ | ❌ |
POSTEPAY S.P.A. | ❌ | ❌ | ❌ | ✅ | ❌ |
NORDEA FINLAND | ❌ | ❌ | ❌ | ❌ | ✅ |
Processing times for bank transfers
When you transfer money in GBP using the Faster Payments System, it usually takes 1 working day. Transferring money in Euros within the Single Euro Payments Area typically takes 1 to 3 working days.
Note:
If you start a transfer on a Friday evening, a weekend, or public/bank holiday, it may not be processed by your bank until the next business day
We are currently unable to accept transfers from WISE and C24 Bank GMBH, our team is currently working on making this payment method available in future. We recommend using an alternative bank account if you wish to place an order