Instant bank transfers allow you to deposit money faster compared to standard bank transfers. Compared to a standard bank wire that takes 2-3 business days, an instant transfer usually takes minutes. ⌚
Steps to Request Instant Bank Transfer
To ensure that your instant bank transfer is requested successfully, it's important to follow these steps:
Step 1: Tap on the "Deposit Funds" tab
Open the Trading 212 app and navigate to the "Deposit Funds" menu tab. From there, select "Instant Bank Transfer."
Step 2: Connect your bank account and choose the amount
Choose the amount you wish to transfer and proceed with connecting your bank account securely.
Step 3: Select your bank from the list
During your first payment, you'll see a list of supported banks. Select your bank from the list and follow the steps to complete the transfer.
Final Step: Payment processing
After completing the above steps, you'll be returned to the Trading 212 app. Your payment will be processed shortly.👌
Note: Availability and Limitations of Open Banking transfers
This payment method is only available to clients registered under Trading 212 UK Ltd. with accounts in GBP. The list of available banks is determined by the collaboration between TrueLayer and the corresponding banks and cannot be modified or expanded by Trading 212.
Note: Withdrawals are processed within the standard timeframes - up to 2-3 business days.