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Last updated: 11 Aug 2025
1. What is Pay by Bank app?
Pay by Bank app is a secure way to transfer funds from your account to another. It involves sharing your banking data with third-party providers through secure APIs, only with your consent.
2. How to deposit to Binance via Pay by Bank app?
You can deposit EUR to Binance via easy bank transfer on the Binance app.
1. Log in to your Binance app and tap [Add Funds] - [Deposit EUR].
2. Choose [Pay by bank app] and tap [Continue].
3. If you haven’t completed Identity Verification for your Binance account, you will be prompted to do so at this step. Tap [Verify Now] and follow the instructions to complete.
4. Enter the amount you want to deposit and you’ll see the transaction fee (if any). Tap [Continue].
5. You will be directed to TrueLayer’s website. Select your bank, log in, grant TrueLayer access to your account, and authorize the transaction. Please note that the account must be under the same name as your Binance account.
6. Your deposit order is now submitted. Please wait patiently for your bank to process your order. You can tap [Check Assets] to check your EUR spot wallet.
Typically, your order will be processed within 1-7 business working days. If your funds haven’t arrived after 7 business days, please reach out to Customer Support for further assistance.
If your deposit is denied, please ensure that:
Your bank account balance is sufficient to cover the order..
You have completed the 2FA verification (if required).
Pay by Bank app is a secure way to transfer funds from your account to another. It involves sharing your banking data with third-party providers through secure APIs, only with your consent.
2. How to deposit EUR to Binance via Pay by Bank app?
You can deposit EUR to Binance easily via Pay by Bank app on the Binance website.
1. Log in to your Binance account. Click [Deposit].
2. Choose [Deposit EUR] on the side panel.
3. Choose to pay with [Pay by Bank app]. Then, click [Continue].
4. If you haven’t completed Identity Verification for your Binance account, you will be prompted to do so at this step.
5. Enter the amount you want to deposit. Click [Continue].
6. Then, you will be directed to TrueLayer’s website.Select your bank, log in, grant TrueLayer access to your account, and authorize the transaction.
Please note that the account must be under the same name as your Binance account.
7. Your deposit order is now submitted. Please wait patiently for your bank to process your order. You can click [Check Assets] to check your EUR spot wallet.
Typically, your order will be processed within 1 - 7 working days.
If your deposit is denied, please ensure that:
Your bank account balance is sufficient to cover the order.
