Coinbase provides a straightforward process on How To deposit funds via SWIFT International Wire Transfer. Here’s a step-by-step guide:
Steps To Deposit Funds via SWIFT International Wire Transfer on Coinbase
- Sign In to Coinbase: Log in to your Coinbase account.
- Navigate to Deposit: Select the “Deposit” option from the menu.
- Choose USD and International Wire Transfer: Click on USD and then select “International Wire Transfer” as the deposit method.
- Follow the Instructions: Coinbase will provide you with detailed instructions on how to initiate the wire transfer. This typically includes information on the recipient’s bank account, SWIFT/BIC code, and any additional details required.
- Initiate the Wire Transfer: Using the provided instructions, initiate the wire transfer from your bank’s online platform or by visiting a branch.
- Wait for Confirmation: Once the transfer is initiated, it may take some time for the funds to reach your Coinbase account. You will receive a confirmation once the funds are credited.
Related Blog: How To Deposit Funds via US Fedwire Transfer on Coinbase
FAQs – Deposit Funds via SWIFT International Wire Transfer on Coinbase
How long does it take for funds to be credited via SWIFT International Wire Transfer on Coinbase?
It depends on factors such as the sending bank, intermediary banks, and the destination country. You should check with your bank for estimated transfer times.
Are there any fees associated with depositing funds via SWIFT on Coinbase?
Yes, there may be fees with SWIFT transfers. These fees can vary depending on your bank and the specific details of the transaction. It’s advisable to review Coinbase’s fee structure and check with your bank for any additional charges.
Can I deposit funds via SWIFT from any country?
Yes, SWIFT International Wire Transfer allows you to deposit funds from most countries around the world. However, it’s essential to ensure that your bank supports international wire transfers.
Is there a minimum or maximum deposit amount for SWIFT International Wire Transfers on Coinbase?
Coinbase may have specific minimum and maximum deposit amounts for SWIFT transfers. These limits can vary based on factors such as your account type and location. It’s best to consult Coinbase’s guidelines or contact their support team for precise details.