How to make a SEPA bank transfer deposit to Kriptomat?

You can make deposits only after you have successfully completed the identity verification (KYC) process.

SEPA deposits in Kriptomat can be made in a simple way and only requires two steps:

  • Obtain the information necessary to make a SEPA transfer, including data about the recipient (Kriptomat) and data about the transfer (including the unique reference number, which allows Kriptomat to match the deposit with your Kriptomat account).
  • Make the actual deposit (for example, using an online banking system provided by your bank).

As soon as the first deposit is made, your bank account will be automatically reviewed and added to your Kriptomat account.

Go to Kriptomat’s Official Website

How to add a bank account and make your first deposit

To make your first deposit and add your account, simply follow the steps below:

  1. Access your Kriptomat account.
  2. Click Deposit in the header section.
  3. Choose Bank transfer/ SEPA.
  4. Select the Kriptomat bank account from the dropdown menu.
  5. You will see all the necessary SEPA payment details, including details about the transfer and the recipient. You can click Download Deposit Instructions if you would like to receive the information in PDF format. IMPORTANT: Here you can also see your reference number. Please include this number on your deposit or Kriptomat will not deposit your account.
  6. Using the data provided in the previous step, make the actual deposit through your bank account. When doing this, please make sure that the payment is made from the bank account that is in your name (the name of the owner of the bank account has to be the same as the name of your Kriptomat account). Kriptomat does not accept third-party deposits.
  7. Click I have made the deposit.

Go to Kriptomat’s Official Website

Tips for making a successful SEPA bank deposit

Make sure that you are the owner of the bank account from which you are going to send the funds (the name of the bank account must match the name of the owner of the Kriptomat account).

Make sure you have included the reference number (the code that starts with RF in red). Please note that if you forget the reference number when making the deposit in Revolut, Kriptomat will not be able to link this deposit to your Kriptomat account.

Please make sure that you have entered the beneficiary address and the bank address correctly (these two addresses are different and are clearly indicated in the payment details).

Please note that third party deposits may be automatically declined and returned to the original bank account, or proof of joint account ownership may be required.

Do not hesitate to write the letters O, U, A instead of Ö, Ü, Ä in all the places where it is necessary, the bank will be able to accept it. (For example: write Kriptomat OU, instead of Kriptomat OÜ).

As soon as you make your first deposit, your bank account will be verified and added to your Kriptomat account automatically. Kriptomat does not have the possibility to add manually.

For each SEPA deposit, the bank transaction fee will apply, depending on the selected deposit method available in your country.

At the moment, Kriptomat only accepts EURO currency, make sure you make a deposit in EUR.

Go to Kriptomat’s Official Website