Once we know a little bit more about you (aka verifying your identity), it’s easy depositing money into your EU wallet using the SEPA bank transfer method.

SEPA bank transfers are used to send payments in Euros within the Single Euro Payments Area, which means that you may have to make an international payment from your bank. Your deposit should reflect in your EUR wallet within two business days once your bank has made the transfer.

Here's how

Sign in to the Luno app, select Wallets, then Deposit on your EUR wallet. Once there, follow these steps:

  1. Select SEPA bank transfer from the options

  2. Enter the amount you'd like to deposit

  3. Next, you’ll see a unique BX reference as well as other details displayed to make your deposit

  4. Log in to your banking app and make a deposit using the details provided. Please include your unique BX reference in the reference field provided

  5. You’ll receive an email notification once your deposit reflects in your EUR wallet

Mission success! You’ve made a deposit and can now buy cryptocurrency.


If you’d like, you can also make a deposit using your debit or credit card. Up to you. Find out how you can do that here.

Frequently asked questions

Are there any deposit limits?

Other than your verification level limits, there are no additional deposit limits. Your bank may have bank transfer limits. If they do, we’d suggest getting in touch with them.

How long does the deposit take to reflect?

Your deposit should reflect in your EUR wallet in two business days.