Buy Bitcoin with Bank Account

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Detailed Guide to Buy Bitcoin with Bank Account

Who Can Buy Bitcoin with Bank Transfer?

We support both domestic and international bank transfers, meaning there are no country restrictions for this payment method. As long as you do not reside in one of the restricted locations, you can buy bitcoin with bank transfer! 

If you have an account in an EU, UK, or US bank, your transfer will arrive almost immediately! Other countries can still use this payment method for buying bitcoins using SWIFT - your transfer will be processed as international.

How quick are bank transfers?

Instant SEPA (EUR) and Faster Payments (GBP), like their names suggest, take less than a minute to complete (of course, if your bank supports these kinds of payments). Fedwire (USD) can take up to 1 hour, but usually no more than 10 minutes to process. Paybis is one of the few exchanges making it possible to buy bitcoin instantly with bank account.

Some international transfers may take up to 1 business day to arrive (depending on your country and bank).

Cheapest method to buy Bitcoin

We have established that bank transfers are available worldwide and are pretty quick. Apart from that, this is also the cheapest method. Here are the fees you will be charged:

  • Bank transfer fee - goes to the bank for processing your payment, fixed at 2 EUR/GBP/USD.
  • Paybis fee - our commission for providing the service - 0.99%
  • Bitcoin sending fee - goes to miners for confirming your transaction on blockchain

You will see all the commissions before you start a transaction - no hidden fees here!

Buy Bitcoin using SWIFT on Paybis

If you would like to buy bitcoin with international bank transfer, follow these simple steps below:

  • Select the currency (if applicable - choose the currency in which your account is denominated) and enter your wallet
  • For EUR - follow the generic instructions; for GBP and USD - follow instructions under “For international transfers.”
  • Use the credentials shown to send a bank transfer and click “Payment made”
  • As soon as your transfer arrives, we will automatically send the crypto to your wallet

Four Steps to Buy Bitcoin with Bank Account

Follow these steps to be able to buy Bitcoin with bank transfer quick & easy:

  • Select payment method and currency (for example, USD Bank Transfer)
  • Enter your wallet address
  • Make a transfer using the credentials provided
  • That’s it! A domestic and intra-EU transfer will arrive in a matter of minutes. International transfers may take up to one day to arrive. Immediately after we receive your transfer, your bitcoins will be automatically paid out to your wallet.