Binance Restores EUR and GBP Transactions With SEPA and FPS

Binance Restores EUR and GBP Transactions

Cryptocurrency exchange Binance has relaunched EUR and GBP deposits and withdrawals via SEPA and Faster Payments Services from March 7, 11:00 AM UTC.

The exchange will charge no fees on all deposited EUR transacted through SEPA and GBP wired through FPS up to March 31 at 11:59 PM UTC in celebration of service restoration.

The platform warns users against transferring any amount less than 3 EUR or 3 GBP exclusive of fees, saying that such a transfer will not be credited or refunded.

The platform’s users in Europe except Switzerland and Netherlands will make EUR direct remittances through SEPA following the deal.

Binance is partnering with Paysafe to expand its services to support corporate accounts, which are not available at the moment.

The exchange also urges users to confirm with their banks the types of charges that may apply to their transactions.

Source: Binance

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