Once you reach Tier 3, you will be able to deposit funds from your personal UK GBP bank account.
- At the Accounts page choose your GBP account.
- Click Bank deposit.
- Read through the UK banking terms and conditions for the transfer and click Yes, I agree button.
- In the next window, you'll see your personal account number and sort code, use these details to send funds from your bank. These details belongs to your own virtual GBP account created within Cryptopay.
The GBP deposits are processed from 8AM to 4PM UTC every two hours on business days. On weekends, however, we cannot guarantee the same processing frequency and speed, hence processing time is increased up to 48 hours (or the next business day).
Please note: GBP transfers are processed using the Faster Payments Scheme. Not all banks are signed up to it, so you may want to check up with your bank or your provider prior to making a deposit, wether they support Faster Payments or not.
Important: some banks might not recognise Cryptopay's sort code as it begins with "0". This can happen when a bank does not update its Extended Industry Sort Code Directory (EISCD) correctly. The other possibility is that they an old system that does not register the 0 at the beginning of the Sort Code. Please enquire with your bank if there is such an issue.
If you plan to make transfers using a joint bank account, please, contact us via chat or firstname.lastname@example.org and we will let you know if you can use it for bank transfers.