KuCoin Now Supports SEPA On/Off-Ramp For Institutional Users!

Dear KuCoin Users,

We are pleased to inform you that KuCoin now supports institutional users to deposit or withdraw EUR via SEPA bank transfer.

1. Basic Information

(1) Supported types:

The support of SEPA Instant Credit Transfer is determined by your bank and bank account.

• SEPA Credit Transfer - Usually credited within 2 business days.
• SEPA Instant Credit Transfer - Instant credited.

(2) Supported fiat currencies: EUR (Euro)

2. Transaction Limits

Transaction Type	Single Transaction Limit	Daily Deposit/Withdrawal Limit
Deposit	€20-200,000	＄500,000
Withdrawal

• When a user deposits less than the minimum amount, no credit will be made and no refund will be made;
• The daily limit is the overall limit for KuCoin fiat on/off-ramp transactions and will be reset at UTC+0 every day;

3. Transaction Fees

Transaction Type	Fees
Deposit	0.1% (€10 minimum)*
Withdrawal	0.1% (€10 minimum)*
Refund	€10

• * 0.1% is the preferential rate for the first subscribers at the beginning of the service. (Expected to last 3 months);
• The transaction fee is calculated as follows: Transaction fee = EUR deposit/withdrawal amount * 0.1% (when it is less than €10, it is charged at €10). The amount after deducting the handling fee is the actual amount credited;
• The user's order may be refunded due to Risk Control, Exceeding The Limit, etc. Refunds will be subject to a refund processing fee.

 4. Notes

• The KuCoin App version using SEPA On/Off-Ramp service must be upgraded to v4.2.0 and above.
• Please do not use SWIFT transfer, our EUR deposit/withdrawal transactions only support SEPA. If you use SWIFT transfer, we will not receive the funds and it will be returned by the bank, and may incur a high bank refund fee.

If you have any questions or concerns, please feel free to go through our customer service team. We are always here to help and guide you further.

 

Thank you for your support!

The KuCoin Team