Binance offers EUR (SEPA) and GBP (FPS, CHAPS) transfers to corporate clients.
This channel is open to corporates who have completed crypto & fiat verification and enables transfers to and from your corporate bank account.
Coverage | Global corporates, not available to the US and countries not supported by Binance and/or Clear Junction |
Fees | 0.02% (min €/£1.50, max €/£50 per transaction) |
Target users | Corporate clients with EUR and GBP accounts |
Daily Limit | $500k deposit, $200k withdrawal/day (higher limits upon request) |
Funding methods
Single Euro Payments Area (SEPA):
SEPA is a payment integration initiative of the European Union and is used for sending cross-border Euro deposits and withdrawals between banks that are part of the SEPA network.
Faster Payments Service (FPS)
FPS is a UK banking initiative to reduce payment times, focused on smaller payments, and is subject to a limit of £250k per transfer. Transfer time, while expected to be short, is not guaranteed and will depend on the payment institutions and banks involved.
Clearing House Automated Payment System (CHAPS)
CHAPS transfers are guaranteed same-day crediting if our bank receives the payment by 17:00 GMT. Transfers sent after the cut-off time, on a weekend, or on a public holiday are usually credited the next working day.
Deposit
- Select deposit & withdrawal in Spot Wallet
- Choose FIAT, Deposit, and Bank transfer (SEPA) for EUR, Faster Payments for GBP
- Enter deposit amount and select continue to create Deposit Application
- Transfer funds to the account credentials displayed
The bank account details have been omitted from the above screenshot, please refer to the account details provided on your deposit page.
Withdraw
- Select deposit & withdrawal in Spot Wallet
- Choose FIAT, Withdraw, and Bank transfer (SEPA) for EUR, Faster Payments for GBP
- Enter withdrawal amount to create Withdrawal Application
- Enter Account Details (Receiver Name automatically pre-filled)
- Confirm Withdrawal
