1. How to Set Up Bank Transfer +

2. How to Add Funds via Bank Transfer +

3. How to Transfer Out Funds via Bank Transfer +

4. How to View Your Transaction History

How to Set Up Bank Transfer +

Step 1: On the Home page of your Bybit App, tap More → Buy Crypto.

Step 2: Select Bank Transfer + as your payment method and tap Next to continue.

Step 3: Follow the on-screen instructions to complete the required verification. Depending on your country and profile, you may be required to:

1. Submit your ID card and passport information
2. Provide your address details and/or proof of address
3. Complete a short questionnaire covering your purpose for opening the account, employment status, source of income, etc.
4. Complete Enhanced Due Diligence (EDD) by providing additional information

Note: You may need to wait for each step to be approved before proceeding.

Step 4: Review and agree to the applicable terms and conditions, then tap Confirm to continue.

Step 4: Your application will be reviewed within 7 business days. You'll receive a push notification and email once Bank Transfer + has been successfully set up.

How to Add Funds via Bank Transfer +

After setting up Bank Transfer +, you can transfer fiat currency from your bank account and receive USDT or USDC in your Funding Account.

Step 1: Go to the Buy Crypto page, select Bank Transfer + as your payment method by tapping Pay with, then tap Next to continue.

A short tutorial will guide you through the process. Tap Continue to view it or Skip Tutorial to proceed directly.

Step 2: On the Add Funds page, select USDT or USDC from the dropdown menu.

1. The estimated exchange rate, processing time, and fees will be displayed automatically.
2. Enter your fiat amount in the fund calculator to view the estimated crypto amount you will receive after conversion and fees.
3. The information displayed is for reference only. Final amounts may vary based on real-time exchange rates and bank fees.

Step 3: Tap See Account Details, then tap Copy All to copy your account details.

Step 4: Log in to your bank account and add your Bank Transfer + details as a recipient. Paste the copied details and initiate the transfer.

Step 5: After completing the transfer, return to the Bybit App and tap I have transferred the fund to check the transfer status.

Step 6: Wait for the funds to arrive. Once received, the crypto will be credited to your Funding Account.

Notes:

– Transfers are processed via SWIFT. Please ensure all details are accurate before initiating the transfer to avoid delays or rejections.

– Processing times may vary. Funds are typically credited to your Funding Account within 5 business days.

– A fixed fee of $25 applies to each transaction.

– Transfers are subject to per-transaction, daily, and monthly limits based on your VIP level. Refer to the transfer page for more details.

– The bank account used for the transfer does not need to be in your name. Transfers from third-party accounts to Bank Transfer + are supported.

– If your transfer request is rejected, the funds will be returned to your original account in the original currency. For add-funds requests, fiat will be returned to your bank account. For transfer-out requests, USDT or USDC will be returned to your Funding Account. For more details, refer to FAQ — Bank Transfer +.

How to Transfer Out Funds via Bank Transfer +

With Bank Transfer +, you can withdraw your USDT or USDC as fiat directly to an external bank account.

Step 1: Go to the Buy Crypto page and switch to the Sell tab. Ensure that your receiving method is set to Bank Transfer +, then tap Next to continue.

Step 2: On the Transfer Out page, enter the following details:

1. You transfer: Select USDT or USDC, then enter the amount you wish to transfer.
2. Payee receives: Select the fiat currency to receive. The estimated exchange rate and amount to be received will be displayed automatically.
3. Choose payee:
4. Select from your existing payees, or
5. Tap New Payee to add a new bank account. Enter the required details as you would for a standard SWIFT transfer.
6. Once a transfer is completed successfully, the payee will appear under Recent payees for future use.
7. Reference (optional): Add a note or remark if needed.

The estimated fee and arrival time will be displayed automatically.

Step 3: Tap Next, review the details on the Confirmation page, and tap Confirm to proceed.

Step 4: Track the transfer status on the Order History page. You will receive a push notification and email once the transfer is complete.

Notes:

– A successful withdrawal from your Funding Account does not mean the funds have already arrived in your bank account. The actual arrival time depends on your bank's processing time.

– Processing times may vary. Funds are typically credited to your bank account within 5 business days.

– The bank partner and any intermediary banks involved in the transfer may charge processing fees for each transaction. These fees vary by bank. For example, a $30 fee from the banking partner and an additional $25 from an intermediary bank may apply.

– Transfers are subject to per-transaction, daily, and monthly limits based on your VIP level. Refer to the transfer page for more details.

– The receiving bank account does not need to be in your name. Transfers to third-party bank accounts are supported.

– If your transfer request is rejected, the funds will be returned to your original account in the original currency. For add-funds requests, fiat will be returned to your bank account. For transfer-out requests, USDT or USDC will be returned to your Funding Account. For more details, refer to FAQ — Bank Transfer +.

How to View Your Transaction Status

To check your transfer status, go to the Buy Crypto page and tap the History icon → One-Click Buy tab. Then, select the relevant Bank Transfer + transaction to view more details.