You have access to both British pound (GBP) and Euro (EUR) balances in your Coinbase.com account. Your GBP balance can be funded using two different methods. Your EUR balance is funded using a bank account via Single Euro Payments Area (SEPA) transfer.
Add cash with a UK bank account
Your GBP balance can be funded using Faster Payments Transfers or Easy Bank Transfers.
Faster Payments Transfer (GBP)
When depositing funds via Faster Payments, Coinbase automatically confirms the name on your Coinbase account to your sending bank. You can only fund your account by linking bank accounts held solely in your name.
This mechanism does the following:
Enables your bank to match information against deposit details
Helps you confirm that you're sending money to your Coinbase account
Gives you the opportunity to confirm that you're sending funds
Reduces the risk of funds being misdirected
This security feature is designed to protect you by confirming that you're the payee. It only confirms or denies if the names match. It will not reveal your name unless they match.
Name match results
Match: The details you've entered match the bank account on file.
Partial Match: You've entered a name similar to an account verified with the bank.
Next step: Check your spelling and update the details.
No Match: You've entered details that don't match an account verified with the bank.
Next step: Check your spelling and update the details.
If you'd like to opt out of this feature, please contact our Support team.
To add cash to your GBP balance:
Sign in to your Coinbase.com account.
Select My assets in the navigation bar.
Select Add cash next to your local currency balance.
Use the information displayed to initiate a transfer via your banking website.
To add cash to your GBP balance:
Access the Coinbase mobile app.
Select My assets.
Select Add cash next to your local currency balance.
Use the information displayed to initiate a transfer via your banking app.
Easy Bank Transfer
With Easy Bank Transfer, you can fund your GBP balance from your bank app powered by open banking.
To add cash to your GBP balance:
Sign in to your Coinbase.com account.
Select My assets in the navigation bar.
Select Add cash next to your local currency balance.
Select your Easy Bank Transfer bank account.
If your bank isn't listed, complete a manual transfer first.
Enter the amount you want to transfer.
Follow the instructions to authorise the transaction from your banking website.
To add cash to your GBP balance:
Sign in to your Coinbase account.
Select My assets.
Select
next to your local currency balance.Enter the amount you want to transfer.
Select your Easy Bank Transfer bank account.
If your bank isn't listed, complete a manual transfer first.
Follow the instructions to authorise the transaction from your banking app.
Add cash to your EUR balance
To add cash to your bank account via SEPA:
Sign in to your Coinbase account.
Select My assets.
Select Add cash next to your local currency balance.
A window will display the details that you need to provide to your bank for the transfer
Initiate a SEPA transfer by entering the details in your banking website.
To add cash to your bank account via SEPA:
Sign in to your Coinbase account.
Select My assets.
Select Add cash next to your local currency balance.
A window will display the details that you need to provide to your bank for the transfer
Initiate a SEPA transfer by entering the details in your banking app.
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