GBP Faster Payments Deposits

Verifying a Bank Account

To verify your bank account, you must initiate a deposit from your bank account into your Coinbase Exchange GBP wallet. Once the funds reach your account, then your bank account will automatically be verified. All previously verified accounts will appear in your banking tab. To verify a new account, please see the deposit instructions below. 

Depositing with Faster Payments

To initiate a deposit:

  1. Ensure you are signed out of all other Coinbase accounts

  2. On Coinbase Exchange, select Portfolio

  3. On the right-hand side, select Deposit > GBP > UK Bank Transfer

  4. Follow the instructions

Important information for timely deposits

Ensure your Reference Number located within the instructions is provided when initiating the deposit from your bank. Failure to provide a Reference Number may result in delays receiving your deposit to Coinbase Exchange


There is no fee charged by Coinbase for Faster Payments.


Funds will appear in your account 1-3 business days after the deposit is initiated from your bank. 

If funds are not received after 3 business days or you are having trouble verifying your account, please contact Coinbase support.

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