Bank account payment methods
There are three ways you can buy crypto with your bank account:- Bank transfer. Bank transfers are usually free and offer a simple way to deposit funds – just enter the exchange’s bank account details from your financial institution’s Internet banking portal like you would for any other payment. However, these transfers can take one to two business days to arrive.
- eNETS. An online payments service provider in Singapore, eNETS is an integrated payment gateway that accepts multiple payment options and supported by most of the local banks.
- GIRO. Most Singaporeans will be quite familiar with this automatic payment system, which makes it easy to send payments to registered billers. GIRO transfers can take up to three business days to clear.
Depending on the exchange you choose, the exchange may support one, two or even all three of these payment methods.
