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How to Make a EURO Deposit?

To deposit EUROS to your BitvBit account, you can use the EURO Deposit panel in the Deposits menu shown in the picture below.

Once you have entered the amount you want to deposit into your BitvBit account, click the Create Deposit Notification  button. Then you must carry out your Wire Transfer/EFT submission in accordance with the following rules and follow these procedures before each new transfer.

You must make your transfers through individual,   due,  EURO accounts registeredin your name.  You  can send via EFT from all banks with your account registered in your name.

BitvBit  Technology Incorporated should be written in the Recipient/Title section as displayed on the notification screen.   If you cannot type all of them due to the letter limit,  BitvBit  Technology Inc. you can write it down. Apart from these two options, transfers sent with different, incorrect or incomplete recipient names are rejected by the bank and refunded to the sender account by the bank by charged the repatriation transaction fee.

For each deposit notification, the deposit description codecreated separately and shown to you on the notification screenmust be written correctly in the description section of your EFT/Wire Transfer. If your bank's EFT/Remitted screen warns you that you must type at least 10 characters in the relevant field, you can leave a space after the description code and add your first and last name. It is important that you correctly write your deposit description code in the description section so that there are no disruptions and delays in your deposits and withdrawals. Transfers that do not have a code in the EFT/Remittile description section or that have previously been used  or have an invalid description code are returned to the sender accounts.

To make a deposit with each new EURO  deposit notice, check the buyer bank details shown to you and only send them to the bank  and  IBAN numberspecified in the EURO deposit notification form.

Remitt refers to EURO transfer transactions between the same bank accounts. 

EFT refers to EURO transfer transactions between accounts belonging to different banks.   While remittable  transactions can be made 24/7, EFT  transactions  can only be made during bank working  hours.  

Transfers through different banks are subject to EFT  rules. Therefore, shipments made via EFT outside bank working hours  are processed on the first working day when banks start working.

Submissions made via EFT on weekends and public holidays are processed on the first working day when banks start working.

When you create a EURO Deposit Notice, you can deposit 24/7   into your BitvBit  account if the bank you are working with is the same as the bank you are defined for shipping and  you can make a wire transfer.  

Important: In unusual situations such as slowness and failures in banks' systems, it may take longer to reflect transfers into your accounts, regardless of BitvBit.

Make sure that you do not make any mistakes in the following matters to avoid any disruptions to your EURO deposits.  Euro  shipments that do not comply with the rules will be refunded within 5 working daysby deducting the return fee (5  EURO).

  • You can only send from your personal  bank accounts. Transfers with inconsistency between the bank account holder and the BitvBit  account holder are refunded.
  • BitvBit Technology Joint Stock Company or BitvBit Technology   Inc. should be written in the recipient name/title section. Apart from these two options, submissions made with incorrect title information are returned.
  • Submissions without a speciallygenerated description code for your depositare refunded.
  • Submissions made with a used or invalid description code are refunded.
  • Transfers made using ATMs(card/cardless)are refunded as it is not possible to confirm the sender information.
  • Transfers made via credit card are refunded as the sender does not have IBAN information.
  • Transfers made at bank branch officesare refunded because the sender does not have IBAN information.
  • Submissions made through company accounts are refunded.
  • Submissions made through the joint bank account are refunded. (bank account used by more than one person)
  • You only need to make your transactions through your individual,  due,  EURO accounts.
  • The minimum deposit amount is 500  EUR.
  • The amount you submit will be automatically reflected in your account by the system after the checks.
  • Euro deposit notifications  that are not made EFT/Wire Transfer within 5 days despite the creation of euro deposit notification will be canceled. Transfers that occur after this period will be refunded at a refundable transaction fee.
  • Please do not forget to write the description code allocated to you during your bank transactions in the Remit/EFT disclosure  field. Transfers submitted without a description code or with an incorrect description code will be refunded at a transaction fee.