You can deposit Australian dollar (AUD) into your CoinJar via one of our three deposit methods. Individual CoinJar members can also deposit European Monetary Unit (EUR) and British Pound Sterling (GBP).

If you'd prefer to buy cryptocurrency without first making a fiat deposit, you can use Instant Buy.

PayID (AUD)

At a glance:

• No deposit fee
• Not all Australian banks support PayID 
• Not held in the reserved balance
• Arrives within minutes

With PayID, you can deposit funds to your CoinJar in minutes using a unique email address assigned to your account. You can make these deposits outside of business hours without delay.

How to make a PayID deposit

1. Tap or click on the Deposit button on the home screen, select PayID, and take note of your unique PayID email address.
2. Open your bank's app or website, and follow the prompts to make a new payment. This process will be different for every bank. 
3. Select email address as the recipient and enter your unique CoinJar PayID email address. Don't select "Organisation ID" or "Business". 
4. Enter the desired deposit amount.
5. Confirm the payment.

Important information

• Deposits made from a bank account that's not registered in your legal name will be rejected and returned.
• PayID deposits made to your unique PayID email address (e.g. sample12345@payid.coinjar.com) do not need a reference number. You can enter any text of your choice in the description field or leave it blank.

Bank transfer (AUD)

At a glance

• No deposit fee
• Not held in the reserved balance
• May be instant, or may take up to three business days to arrive

With bank transfers, you can send funds to your CoinJar using the unique BSB and account number assigned to your account. Because your CoinJar's BSB and account number will never change, you can schedule transfers for convenience.

How to make a bank transfer

1. Tap or click on the Deposit button on the home screen, select Bank transfer, and take note of the BSB and your account number.
2. Open your bank's app or website, and follow the prompts to make a new payment. This process will be different for every bank.
3. Enter the desired deposit amount.
4. Enter your CoinJar's unique BSB and account number. 
5. Confirm the payment.

Important information

• Bank transfers may arrive instantly, but can take up to three business days to arrive. The speed of your bank transfer deposit will depend on your bank and its support for Osko. If your bank doesn't support Osko or you have exceeded your bank's Osko limit, your bank transfer may be sent via a slower method. Transfers via this slower method can take up to three business days to arrive.
  • CoinJar has no control over how your bank processes bank transfers.
• There is no minimum deposit amount. The maximum amount depends on your CoinJar's account limits and any transfer limits set by your bank.
• You must only use the BSB and account number issued to you for deposits to your CoinJar account. Deposits made from a bank account not registered in your legal name will be rejected and returned.

Foreign Currency

Individual CoinJar account holders can deposit the following foreign currencies to their accounts:

• British Pound Sterling (GBP)
• European Monetary Unit (EUR)

Please see the instructions below for how to add these currencies to your CoinJar.

SEPA (EUR)

At a glance

• No deposit fee
• Arrives within 1-2 business days

How to make a deposit using SEPA

1. Create a new EUR Cash Account in the 'Accounts' section of your CoinJar. You'll need to head over to 'Accounts', and then select 'Add account'.
2. Tap or click on the Deposit button on the home screen, select SEPA Transfer, and take note of the IBAN and your SWIFT/BIC.
3. Open your bank's app or website, and follow the prompts to make a new payment. This process will be different for every bank.
4. Enter the IBAN and SWIFT/BIC as seen in step 1.
5. You may need to specify a beneficiary name. If prompted, enter CoinJar UK Limited as the beneficiary name.
6. Enter the desired deposit amount.
7. Confirm the payment.

Faster Payments (GBP)

At a glance

• No deposit fee
• Arrives within 1-2 hours

How to make a deposit using Faster Payments

1. Create a new GBP Cash Account in the 'Accounts' section of your CoinJar. You'll need to head over to 'Accounts', and then select 'Add account'.
2. Tap or click on the Deposit button on the home screen, select Faster Payments (FPS), and take note of the sort code and your unique account number.
3. Open your bank's app or website, and follow the prompts to make a new payment. This process will be different for every bank.
4. Enter the sort code and account number as seen in step 1. 
5. You may need to specify a beneficiary name. If prompted, enter CoinJar UK Limited as the beneficiary name. 
6. Enter the desired deposit amount.
7. Confirm the payment.

Learn more

• See how to instantly buy cryptocurrency using your credit or debit card without making a deposit.
• See what happens if your deposit is held in the reserved balance.
• See how to check your account limits.
• If you have any questions or if your deposit has not arrived, contact us.