Which methods are available to deposit funds? (OANDA Europe Limited)
Debit cards (backed by Visa or Mastercard) or Credit cards: what should you know?
| Minimum deposit | Average processing time | Our fees |
|---|---|---|
| None | Immediate | No fees |
- Your credit card provider may charge you a transaction fee and an international processing fee. Please check with your credit card provider to determine the charges.
- Your bank may charge a service fee on debit card transfers.
Bank transfers: what should you know?
| Type of bank transfer | Minimum deposit | Maximum deposit | Average processing time | Our fees |
|---|---|---|---|---|
| Faster Payments (GBP only) | None | No limit. However, your bank may impose a limit of £10,000 per transaction | One to two business days | No fees |
| BACS (GBP only) | None | - | Two to three business days | No fees |
| CHAPS (GBP only) | None | - | One to two business days | No fees |
| SWIFT | None | - | Two to five business days | No fees |
| SEPA Credit Transfer (SCT in EUR only) | None | - | Two to five business days | No fees |
- Your bank may charge you a service fee
- Be sure to add your OANDA account number in the reference field to ensure quick processing.
- New bank sources must be verified before we can accept your deposit. To verify your payment source may ask you to provide a recent bank statement or transfer receipt.
- When required, OANDA will contact you to obtain the necessary document(s) to assist with such deposits.
- OANDA cannot accept payments from other Broker Accounts. Please ensure that bank transfers are sent from a bank account in your name.
Note
OANDA cannot accept payments from third parties. Please ensure that the name on the account from which the funds are originating matches that on your OANDA account. If you want to receive funds from a third party you need to set up a
joint account
with that party.