Bank transfer - Euro (EUR) deposit

Simply log into your ICONOMI account via your web browser or use ICONOMI Mobile Apps (iOS app, Android App), select the ”Money transfer” option, and follow the on-screen instructions.

Deposit: Login > My portfolio > Money transfer > Deposit tab > Follow the on-screen instructions

Note: Please find information about account deposit limits here.

Note: Please find the list of supported countries for depositing/withdrawing EUR and buying/selling with EUR here. Other countries will be added gradually.

It is unlikely to happen but it may take up to 3 business days for the recipient to receive the SEPA payment. This is due to banks requiring “1-3 business days to receive and process the payment."

In the Deposit options, limits & fees article you can find additional information for each supported asset.

Note: ICONOMI reserves the right to randomly review transactions - in those cases the deposit process may take slightly longer. Please do not be worried about that, this is an industry-standard approach that we perform enabling us to provide better services and fulfill our regulatory requirements. Please find additional information on Anti Money Laundering (AML) policy and Terms, Conditions & Policies here.

IMPORTANT

When depositing Euro (EUR):

• Do not deposit funds from third-party bank accounts. You can only deposit funds to your ICONOMI account from a bank account held in your name. Your personal data on the platform must match the personal data of the bank account you will be making the deposit from or it will be rejected. This also includes payment services like TransferWise.
• Don't forget to add the reference to the bank transfer! You will receive the reference during the euro (EUR) deposit process on the platform. Only deposits with your reference number can be matched and credited to your ICONOMI account. Deposits without a reference number will be rejected.
• Don’t exceed the Tier deposit limits for your account.