How to deposit USD or EUR into your Coinbase account?

Bank Transfer Setup

1. Log in to your Coinbase account using verified credentials and navigate to the “Assets” tab.

2. Select the “USD” or “EUR” wallet depending on your local currency preference.
3. Click the “Deposit” button located beside the balance display.
4. Choose “Bank Account” as the deposit method from the available options.
5. Follow the on-screen prompts to link a supported bank account via Plaid, manual entry, or SEPA for EUR users.

Wire Transfer Requirements

1. For USD deposits, initiate an ACH transfer if you’re in the United States; international wire transfers require SWIFT/BIC and routing details.

2. EUR deposits must use SEPA Credit Transfer for faster processing within the Eurozone.
3. Ensure your bank account name matches the legal name registered with Coinbase exactly.
4. Minimum deposit amounts apply: $1 for USD via ACH, €0.01 for EUR via SEPA.
5. Processing time varies: ACH takes 3–5 business days; SEPA typically settles within 1 business day.

Debit Card Limitations

1. Debit card deposits are only available for USD in select U.S. regions and are not supported for EUR accounts.

2. Daily and weekly limits apply based on account verification level—Tier 1 allows up to $250 per day.
3. A 3.99% fee is charged on all debit card purchases, separate from any network or issuer fees.
4. Cards must be issued by a U.S. bank and support Visa or Mastercard networks.
5. Prepaid, virtual, and business cards are explicitly prohibited by Coinbase’s payment policy.

Verification and Compliance Checks

1. Identity verification must be completed before initiating any fiat deposit—this includes government-issued ID and facial recognition.

2. Address verification requires uploading a utility bill or bank statement no older than 90 days.
3. High-value deposits may trigger additional review steps including source-of-funds documentation.
4. Accounts flagged for suspicious activity undergo real-time monitoring by Coinbase’s compliance team.
5. Failed deposits due to mismatched names or unverified accounts will be automatically reversed without notification.

Frequently Asked Questions

Q: Can I deposit USD or EUR using PayPal?A: No. Coinbase does not accept PayPal as a funding method for fiat deposits in any jurisdiction.

Q: Why is my bank transfer showing as “pending” for more than five days?A: Delays commonly occur when the originating bank uses intermediary routing, holidays fall within the processing window, or the transfer lacks correct reference codes required by Coinbase’s reconciliation system.

Q: Is there a fee for withdrawing USD or EUR after depositing?A: Withdrawal fees depend on method: ACH withdrawals are free; SEPA withdrawals cost €0.15; international wires incur a flat $25 fee.

Q: What happens if I send funds to the wrong account number?A: Coinbase cannot reverse external bank transfers. Recovery depends entirely on coordination between your bank and the receiving institution, subject to local banking regulations.