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How to buy Bitcoin with International bank wire?

Among several different payment options, such as e-wallets, credit or debit cards, and cryptocurrencies, SpectroCoin offers a wide selection of bank transfers. While SEPA transfers are designed for payments among EEA countries, the International bank wire option allows sending and receiving GBP (CHAPS transfers) or USD (GK Bank transfers) to and from banks around the globe.

International bank transfers at SpectroCoin

International bank wire at SpectroCoin is offered in GBP transfers via the CHAPS network. The system includes many international and custody banks and is accessible through correspondent banks for many financial institutions. You can find the list of CHAPS participants here. While, USD transfers are processed through the GK Bank, a private American bank dedicated to providing global digital banking services distributed and managed by web channels and mobile devices.

How to buy crypto with International bank wire at SpectroCoin?

  • Log in to your SpectroCoin account. If you are new to SpectroCoin – create a new account. Please note that your account should be fully verified in order to use International bank wire.
  • After logging in to your SpectroCoin account, go to your account's "Deposit" section. Select "Bank" on the left view of the screen.
  • Using the search bar, you can choose if you want to deposit using GBP or USD and press on "International bank wire".
  • Insert the deposit amount and click on "Next".
  • You will be given bank account details. Use them to complete a transfer from your bank account.

Note: It might take up to 2 business days for the funds to arrive when you make a GBP or USD transfer. After that, you are ready to buy bitcoin by opening the "Convert" section of your account, entering the amount of GBP/ USD that you would like to sell for BTC, and confirming the transaction.

For a quick tutorial on how to buy Bitcoin with International bank wire, check our video:

What is the fee for using International bank wire?

The GBP transfer fee is 0.1%, and the minimum fee amount is 20 GBP, while the USD transfers have a minimum fee amount of 100 EUR. You can find more information on our Fees and Limits page.

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