Learn about a secure USD payment method on EXMO — SWIFT, and how to deposit US Dollars directly from your bank account.
Recently we shared some great news: Bank Frick opened a USD account for EXMO. As a result, a new payment method for US Dollars has been added on the exchange — SWIFT Transfer. If you were wondering, what are its advantages and how to deposit USD — stay tunned! Spoiler: it will only take a few clicks!
SWIFT is a global messaging network used to securely send and receive information, such as money transfer instructions, between banks and other financial institutions.
USD SWIFT on EXMO is a convenient payment method for depositing US Dollars on the exchange.
SWIFT is a global network recognized by millions of people and hundreds of financial institutions worldwide. Here are its main advantages:
One of the main advantages of USD SWIFT is the high level of security. You do not need to use any intermediaries to top up your account — it will be a direct transaction between your bank and Bank Frick.
SWIFT is for sure the cheapest payment options for USD. The current commission for USD deposits via SWIFT is 0%.
Another advantage of SWIFT transfer is its convenience for larger amounts of funds. For instance, you will be able to deposit up to USD $1,000,000 at once.
USD SWIFT payment method is currently only available to EEA (European Economic Area) residents. Find the list of countries we accept below:
UK, Switzerland, Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
The commission for USD SWIFT deposits is 0% regardless of the amount.
The limits for SWIFT deposits are as follows: $100 USD is the minimum amount, while the maximum equals $1,000,000 USD.
To sum up, SWIFT — is one of the most convenient and secure ways to deposit US Dollars on EXMO. You don’t need to use external services anymore: just transfer the money directly from your bank account to the exchange wallet.