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Payza Lowers Euro Bank Transfer Deposit Fee

Payza Lowers Euro Bank Transfer Deposit Fee

Payza always strives to offer the best services and lowest fees for our members, which is why last week we lowered our Bitcoin transaction fees and this week we are lowering our Euro bank transfer deposit fee! It is now even more affordable to add Euros by bank transfer to your Payza account.

The fee to add Euros by bank transfer to your Payza e-Wallet has dropped from €2.50 to €1.00 for deposits under €200. Bank transfer deposits over €200 are still free!

Fees for Adding Euro Funds by Bank Transfer

Deposit Rate per Transaction
Less than €200.00 EUR €2.50 EUR
€1.00 EUR
€200.00 EUR and up FREE

Anyone with a bank account from a SEPA country (Single Euro Payments Area) can take advantage of the lower fee. We’ve also made it very easy to add funds to your Payza account by bank transfer from a SEPA bank account because you don’t need to connect your bank account to your Payza account first.

How to Add Funds by Bank Transfer

  1. In your Payza account, click “Add Funds” in the top menu.
  2. Select “Bank Account”.
  3. Select the originating country of your bank account, your currency, and enter the amount you wish to deposit. Click “Next”.
  4. If you are asked to complete “Phone Validation” to validate your identity, follow the steps on the screen to receive your confirmation code by voice call or SMS and enter it into your account.
  5. Review the details of your deposit, enter your Transaction PIN, then click “Add Funds”.

Once you have completed these steps, you’ll be presented with instructions to give to your bank in order to complete the deposit. You can complete the deposit in person, by phone, or online, depending on the services your bank offers.

An Add Funds by Bank Transfer transaction takes 3 to 6 business days to complete from the time the funds are transferred by your bank. For more information about adding funds to your Payza account by bank transfer, or for any other questions you have about Payza, be sure to check out our helpful Reference Center which is full of articles to help you get the most out of your Payza account.

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