Post
Topic
Board Exchanges
Re: [ANN] KRAKEN.COM - Exchange Now Open with USD, EUR, BTC, LTC, XRP, NMC
by
Dargo
on 25/01/2014, 00:00:13 UTC
I question, I want to make a deposit. How does the SEPA works ? When a I go the website of my bank to make a transfer, I can only write the IBAN, BIC and account name. I can see no section to choose a SEPA type transfer and include everything which is written on kraken (adress' and reference).

I guess i'm a little bit of a beginner with bank transfer^^

You don't need to include all that data. Just make sure you send the money to the correct IBAN and Account name, and include your reference.

Are you sure about this ? Because on the SEPA info' it says that you have to make sure to include all the information (reference etc...)

Yeah, I've SEPA'ed to Bitstamp and Kraken by just providing IBAN and name of beneficiary. That's one of the main points behind SEPA, you don't need BIC codes and the address of the bank and all that useless info anymore.

Hmmm...our bank seems to think the BIC and address is needed, so I'll have to ask about this. But whatever you do, *DO NOT* forget to include your public account ID with deposits (the ID is also called your reference code on the deposit instruction pages). Leaving out your public account ID will cause a delay in crediting your account.