Buy with a Bank Transfer

 Coinmama makes it easy to buy cryptocurrency directly from your bank account using a bank transfer. There are two steps to a bank transfer order - just place the order in your Coinmama account and then initiate the transfer by either logging into your online banking system or by visiting your local branch. European customers can do so through a SEPA transfer(€), UK customers can use Faster payment transfers (£) and the rest of the world can do so with a SWIFT transfer(£). 

1. Choose the cryptocurrency and amount

Log into your account, then select "buy" and the type of cryptocurrency you want to purchase. You will need to complete the verification process before creating your first order.

Select one of our packages, or enter the amount you'd like to buy, then click "buy now." Note that there is a minimum order amount of 100 USD on orders made by SWIFT transfer.

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2. Enter your wallet address 

Enter the wallet address you want the coins sent to then click "go to payment." If you need help finding your wallet address, click here. Still need to create a wallet? Our wallet tutorial can help!

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Note that Coinmama will not be able to retrieve your coins if you send them to the wrong wallet, so always triple check your wallet address when entering it.

3. Choose bank transfer 

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According to your country, you'll be offered the best bank transfer Method: SWIFT, SEPA or Fast payment. Click the tab below whose description matches your location:

Want to know how long your order will take? Click here to find out more about wire transfer times or here to check if your bank participates in the SEPA Instant Credit Transfer scheme.

SEPA Bank Transfers

If you're from one of the 33 countries listed in the SEPA Zone, this is the wire transfer option that you'll need to choose on the payment form.

4. Review the terms

The rate will be locked only when the payment is received in our bank account. Until then the rate may change.

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If you agree to the terms, select "I understand," and then click "next." You will now be provided with Coinmama's bank account details for the transfer.

5. Place your order

SEPA bank transfers carry no additional processing fee by Coinmama, however, you should always check with your bank before placing an order to determine any fees they may add.

The bank account used must be yours and must be held in your name. Coinmama does not accept third-party or corporate bank account transfers.
    • Log into your own online banking system or visit your bank branch and initiate a SEPA bank transfer in the amount of your order. Enter the provided bank details when selecting the recipient. In the notes section of your transfer, enter your order number as a reference. (eg: BBT12345678)
 
  • Once the transfer has been successfully completed and we have received your funds, the cryptocurrency rate will be locked. Note that SEPA bank transfers take approximately 24 hours to complete. If we have not received your payment within seven days, your order will automatically expire and the coins will not be sent.

SWIFT Bank Transfers

If you live in a country outside of Europe and the UK, you can buy cryptocurrency through a SWIFT bank transfer. Orders over 1000 USD or EUR equivalent carry no additional processing fee. Orders under 1000 USD carry a processing fee of 20 GBP. Note that your bank may charge an additional fee for initiating the transfer.

4. Review the terms

The rate will be locked only when the payment is received in our bank account. Until then the rate may change.

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If you agree to the terms, select "I understand," and then click "next." You will now be provided with Coinmama's bank account details for the transfer.

5. Place your order

The bank account used must be yours and must be held in your name. Coinmama does not accept third-party or corporate bank account transfers.
    • Log into your own online banking system or visit your bank branch and initiate a SWIFT bank transfer for the GBP amount of your order. Enter the provided bank details when selecting the recipient. In the notes section of your transfer, enter your order number as a reference. (eg: BBT12345678)
As soon as you proceed to the payment details of your SWIFT order, you will see that your order balance has been converted to GBP. All SWIFT transfers must be made in Great British Pound (GBP), and any funds sent in a currency other than GBP will not be received.
  • Once the transfer has been successfully completed and we have received your funds, the cryptocurrency rate will be locked. Note that SWIFT bank transfers take approximately 2-3 business days to complete. If we have not received your payment within seven days, your order will automatically expire and the coins will not be sent.

Faster Payment Bank Transfers

If you have a UK bank account, you can choose the Faster Payments method - there is no "below the minimum" fee for this method, and your transfer should reach our bank within 24 hours at most. This is what you'll see on the "Choose Payment Method" page of the payment form:

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4. Review the terms

The rate will be locked only when the payment is received in our bank account. Until then the rate may change.

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If you agree to the terms, select "I understand," and then click "next." You will now be provided with Coinmama's bank account details for the transfer.

5. Place your order

The bank account used must be yours and must be held in your name. Coinmama does not accept third-party or corporate bank account transfers.
  • Log into your own online banking system or visit your bank branch and initiate a SWIFT transfer in the amount of your order. Enter the provided bank details when selecting the recipient. In the notes section of your transfer, enter your order number as a reference. (eg: BBT12345678)
  • Once the transfer has been successfully completed and we have received your funds, the cryptocurrency rate will be locked. Note that Faster Payments bank transfers take approximately 24 hours to complete. If we have not received your payment within seven days, your order will automatically expire and the coins will not be sent.

You will need to make the bank transfer in British Pounds (GBP) only. Any funds sent in a currency other than GBP will not be received.

6. Check your email 

You will receive an email with your order details and a link to confirm your wallet. Check again that the wallet address is correct and that it supports the coins you've purchased. If there are any errors, contact us immediately and do not click the link in the email. If your wallet address is correct, click the link in the email to confirm.

Once your payment has been received and your wallet address confirmed, we will send your coins. This usually takes about ten minutes. You will be able to see them on the blockchain as soon as they're sent, but it can take an additional ten minutes before they are confirmed on the blockchain and reach your wallet.

 

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