Binance fully reopens EUR and GBP bank transfer via SEPA and Faster Payments
Binance and Paysafe will fully reopen EUR and GBP deposits and withdrawals respectively via the SEPA payment network (SEPA) and Faster Payment Services (FPS), effective Monday, 2022-03-07 11:00 AM (UTC) for both Desktop and App.
Binance retail users across Europe, with the exception of Netherlands and Switzerland, will be able to make EUR transfers directly via SEPA.
At present, support for corporate accounts is not available. However, Binance is actively collaborating with Paysafe to expand our scope of services.
To celebrate the return of SEPA and FPS, Binance will be offering all verified users zero fees for depositing EUR via SEPA and GBP via FPS until 2022-03-31 11:59 PM (UTC).
Clients are advised not to make any transfers with an amount below 3.00 EUR or 3.00 GBP. After deducting the relevant fees, any transfers below 3.00 EUR or 3.00 GBP will not be credited or returned.
Faster Payment is a payment network service integrated via Paysafe, enabling users to deposit and withdraw fiat currencies via bank transfers.