Four withdrawal banks accounts can be associated your Fiat24 Account for each of the four currencies: CHF, EUR, GBP, and USD. All withdrawal accounts must be in your name.
In order to associate a withdrawal bank account with your Fiat24 Account, you must first make a deposit with a small amount from that bank account into your Fiat24 Account. For security reasons, we can only associate withdrawal accounts that are under your name and have an IBAN number.
If you would like to change your withdrawal bank account, you can always make a new cash deposit (any amount above 1 CHF/EUR/GBP is sufficient) to your Fiat24 Account from the second bank account (i.e. the new one that you would like to use).
If your new withdrawal bank account is qualified and fulfils all the requirements like the previous one did (in your name and has and IBAN), we will update your bank details to replace the previous bank account.
It depends on your receiving bank. For Swiss or EU banks, it will be credited within 24 hours.
Your cash withdrawal request may fail due to various reasons. In such situations, the money will come back to us. Then we will credit it back to your Fiat24 account again from a special account "9103 Sundry". We may charge you a processing fee for this service.
Yes. Fees may apply depending on the banks.
IBAN stands for "International Bank Account Number". It is a standardised international bank identifier used to facilitate the identification of accounts and communication and processing of cross border transactions.
The IBAN consists of up to 34 alphanumeric characters, as follows:
- country code using ISO 3166-1 alpha-2 – two letters,
- two check digits
- Basic Bank Account Number (BBAN) – up to 30 alphanumeric characters that are country-specific.