The instant bank transfer allows you to deposit money faster than a bank wire — usually within minutes rather than 2-3 business days.
How do I request an Instant Bank Transfer?
To learn how to do so, check the video here or follow these steps 👇
- Tap on Deposit funds and select Instant bank transfer
- Choose the amount
- Select your bank from the list of supported banks
Availability and Limitations of Open Banking transfers
- Instant bank transfers are only available to GBP accounts registered under Trading 212 UK Ltd.
- An instant bank transfer must be initiated through the Trading 212 app in order for it to be executed successfully.
- 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.
Withdrawals are processed within the standard timeframes - up to 2-3 business days.