Hey CoinLoaners, get ready to hear some amazing news! Starting from today, you will be able to deposit USD, EUR, and GBP on the CoinLoan platform using the SWIFT.
What does SWIFT mean?
SWIFT stands for the Society for Worldwide Interbank Financial Telecommunications. SWIFT (or “Wire Transfer” as it is sometimes known) payment is a type of international transfer sent via the SWIFT international payment network. It allows safe transfer of money anywhere around the globe.
Majority of international money transfers are made thanks to SWIFT network. It comprises more than 10000 members worldwide (in more than 200 countries) handling millions of messages/transactions every day.
So that gives you…
The opportunity to deposit and withdraw fiat funds directly and easily on CoinLoan using SWIFT.
How it works
To make a SWIFT transfer on the platform, open My Wallet tab, click on the Deposit button below the selected currency and choose SWIFT as a payment method. After that, you’ll get bank details with a unique reference number. You should send a transfer using this details to deposit funds in your CoinLoan wallet. Funds will typically arrive within 3–7 business days.
To withdraw your funds, you’ll need to specify your bank details during the transferring process and wait for 3–7 business days as well.
Remember that there is an alternative.
For deposit and withdrawal of fiat funds you can use AdvCash payment method as an option. Here’s how it works.
If you have any questions, let us know and we will do our best to assist. Requests can be submitted via email@example.com.