Blockchain.com users in eligible regions can now instantly deposit GBP to their wallets and buy crypto with Easy Bank Transfers via Open Banking.
Many banks do not charge a fee for these types of transfers, so they can be great for quick, cost-effective transfers (please check with your bank regarding any transfer fees).
When linking a bank account with Open Banking, please only link a current or savings account to avoid potential transfer reversals or other complications.
Please see the important information at the end of this article for details.
How to link your bank account via Open Banking
- Select British Pound on the home page, and then click Add Cash.
- Select Easy Bank Transfer.
- Choose your bank from the list of major banks, or use the search bar to search for your bank.
- After selecting your bank, read the important linking details and press Approve.
- After clicking Approve, if you are using the Blockchain.com app you will be taken to your bank's mobile app (if installed and supported) or your bank's website. Please log into your banking account and approve the connection. The exact process will vary depending on your bank. If you are using the web wallet, you will have two options:
Use your phone's camera to scan the QR code, to be taken to your mobile banking app or banking website on your phone. Or, click Continue in Browser, and your bank's website will open in a new browser tab. Whether via app or web, please log into your bank account and approve the connection. The exact process will vary depending on your bank. - Wait up to 2 minutes for your account to link. Please do not go back or close the window.
- Congratulations, your bank account is linked! To make a deposit from your linked bank account, press Continue. If your account was not successfully linked, please see this article for more information.
How to complete your GBP deposit via Open Banking
On the web
- Log into your Wallet via desktop web browser.
- Select British Pound or from the side menu, and then click Deposit.
- Click the box that says Add a Bank Account. Note, a previous linked bank account may be shown here.
- A Linked Banks tab will now appear. Select your bank from the list or + Add New.
- Enter the amount you would like to deposit and click Preview Deposit.
- Next, an Approve Your Payment screen will be shown, click Approve.
- Following this, you will need to confirm your Deposit by clicking Deposit Now.
- Lastly, a Connect to your bank tab will appear - follow the instructions below:
Use your phone's camera to scan the QR code, to be taken to your mobile banking app or banking website on your phone. Or, click Continue in Browser, and your bank's website will open in a new browser tab. Whether via app or web, please log into your bank account and approve the payment. The exact process will vary depending on your bank.
Once this step has been completed, return to your wallet to complete your deposit!
On iOS
- Log into your Wallet on the iOS app.
- Switch from DeFi Wallet to Blockchain.com Accounts if needed
- Select British Pound and then click Add Cash.
- A Linked Banks tab will now appear. Select your bank from the list or + Add New.
- Enter the amount you would like to deposit and click Preview Deposit.
- Following this, you will need to confirm your Deposit by clicking Deposit Now.
- Next, an Approve Your Payment screen will be shown, click Continue.
- Lastly, enter your card’s 4-digit PIN pin. The exact process will vary depending on your bank.
- Congratulations, your deposit is complete!
On Android
- Log into your Wallet on the Android app.
- Switch from DeFi Wallet to Blockchain.com Accounts if needed
- Select British Pound and then click Add Cash.
- Click the box that says Add a Bank Account. Note, a previous linked bank account may be shown here.
- A Linked Banks tab will now appear. Select your bank from the list or + Add New.
- Now, enter the amount you would like to deposit and click Preview Deposit.
- Following this, you will need to confirm your Deposit by clicking Deposit Now.
- Next, an Approve Your Payment screen will be shown, click Continue.
- Lastly, enter your card’s 4-digit PIN pin. The exact process will vary depending on your bank.
- Congratulations, your deposit is complete!
Important Note
- The first and last name on the linked bank must match your Blockchain.com account.
- Crypto purchased via Instant Transfer cannot be withdrawn from the Wallet until the funds have cleared, nor can the equivalent value of any assets into which this crypto is Swapped or Sold.
- If you're unsure of your bank account status or transfer limitations, please check with your bank representative to be sure your account supports Open Banking.
- Please make sure you have sufficient funds in your bank account to prevent a bank overdraft fee.