The EUR withdrawal functionality remains unaffected, you can still withdraw via bank transfer and/or card. Bank Binance Binance has announced that it will temporarily suspend euro deposits in the European Union’s Single Euro Payments Area (SEPA) network. Binance crypto exchange temporarily suspends payments from EU's SEPA network. Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. For any changes to withdrawals to bank accounts, you can follow Binance’s announcement page and social media channels. Binance has reportedly suspended SEPA transfers, according to an email that the exchange has sent to its users. The exchangers are sorted by the rate, with the best rates on the top. “Deposits via Sepa will be returned within 7 working days,” but Binance’s decision will not affect Sepa withdrawals, the company said. Binance’s email reads: “Due to events beyond our control, we are temporarily suspending EUR deposits via SEPA Bank Transfers from 8am UTC on July 7, 2021. 1. Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Starting from 8 AM Universal Coordinated Time, today, on Wednesday, July 7, customers would not deposit funds through the SEPA network. Binance’s email reads: “Due to events beyond our control, we are temporarily suspending EUR deposits via SEPA Bank Transfers from 8am UTC on July 7, 2021. The leader of crypto exchanges Binance, faced in recent weeks with several regulatory disappointments especially in Great Britain, announced overnight that deposits in euros via the SEPA network would be temporarily interrupted from 8 a.m. this morning. In fact, the interruption of transfers did not stop … Binance did not explain why it had to suspend SEPA payments. Due to events beyond our control, we are temporarily suspending EUR deposits via SEPA bank transfers from 8am UTC on July 7, 2021. SEPA is a network … Starting from 8 AM Universal Coordinated Time, today, on Wednesday, July 7, customers would not deposit funds through the SEPA network. Binance has disabled SEPA transfers, a common payment method that European customers use to deposit funds. Meanwhile, Visa and Mastercard said they are monitoring Binance’s regulatory compliance and have not cut ties with the company. The list below shows exchangers where you can exchange Bank transfer GEL to Paxum. You are still able to deposit EUR and/or buy cryptocurrencies via credit or debit cards on Binance. SEPA Transfers Suspended. To select an exchanger, you may want to check its reserves and reviews in the respective columns. “Deposits via Sepa will be returned within 7 working days,” but Binance’s decision will not affect Sepa withdrawals, the company said. The Single Euro Payments Area (SEPA) is an initiative of the European Union that allows for fast, reliable, and cheap Euro (EUR) transfers between bank accounts in the SEPA-zone. But Binance will not charge any additional fees on top of this network or payment processing fees. Binance continues to face headwinds as the world’s largest crypto exchange has suspended euro bank deposits from the Single Euro Payments Area (SEPA). European users of the crypto exchange have received an email saying that customers could no longer deposit cash through … Meanwhile, Visa and Mastercard said they are monitoring Binance’s regulatory compliance and have not cut ties with the company. The following statements were included in the e-mail sent: “Due to events beyond our control, we are temporarily suspending EUR deposits via SEPA Bank Transfers from 08:00 UTC (11:00 UTC) on 7 July 2021. However, there are various speculations regarding the reason for this. HSBC has become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance. Transfer completed within 1-2mins. Binance has reportedly suspended SEPA transfers, based on an e-mail that the alternate has despatched to its customers. it's cheaper.. 0.02XLM fee. Binance says the suspension is temporary and it is due to events beyond its control.\nBinance’s Troubles Extend You are still able to deposit Euro and/or buy cryptocurrencies via credit or debit cards on Binance. SEPA is used to make bank transfers within EU. I just got am email saying: Due to events beyond our control, we are temporarily suspending EUR deposits via SEPA Bank Transfers from 8am UTC on July 7, 2021. You are still able to deposit EUR and/or buy cryptocurrencies via credit or debit cards on Binance. “Deposits via Sepa will be returned within 7 working days,” but Binance’s decision will not affect Sepa withdrawals, the company said. Binance has suspended GBP withdrawals and EUR deposits via SEPA bank transfers and service providers Faster Payments and Clear Junction have stopped processing payments for the crypto exchange. Did anyone face the same issue? August 7, 2021. In this video I teach your how to withdraw GBP from Binance after the suspension. Due to events beyond our control, we are temporarily suspending EUR deposits via SEPA bank transfers from 8am UTC on July 7, 2021. Binance says the suspension is temporary and it is due to events beyond its control. Binance says the suspension is temporary and it is due to events beyond its control. To deposit and withdraw EUR on Binance, please refer to the following guide. August 4, 2021. Binance. Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Exchange Bank transfer GEL to Raiffeisen. Binance’s Troubles Extend to … Binance recently suspended euro deposits via SEPA bank transfers. Binance exchange now offers the deposit of euros by SEPA transfer, which is very easy. You can still deposit EUR and / or buy cryptocurrencies via credit or debit cards at Binance. The suspended transfers and the problems of Binance with the European authorities The decision was communicated to users on July 7th , via email. ”. Exchange Bank transfer GEL to ForteBank. Binance, the world’s largest cryptocurrency exchange, today announced it had suspended euro bank deposits from the Single Euro Payments Area (SEPA), the EU’s payment network, according to reports. USD withdrawals via SWIFT have recently been reactivated on Binance. Binance is under investigation by the government for money laundry. The suspension move by Binance comes after a number of international financial regulators have clamped down on the crypto exchange. Hi all, I have tried to make a bank transfer from my HSBC account (Malta but I guess would be the same for UK) to Celsius and Binance but both times the system does not recognize this as SEPA transfer (even if it is).
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