Verification deposit
After successful verification, there is a limit of EUR 2,500 for deposits with the online payment methods EPS/GIROPAY and SOFORT, which will be increased after a verification deposit is completed.
This verification deposit needs to be completed via bank transfer (SEPA), SOFORT or GIROPAY/EPS, and can be done with an amount between EUR 25 and EUR 2,500.
Tip: Higher amounts can be deposited directly after successful verification using a bank transfer, which will also be considered as a verification deposit.
Please note that even though the amount gets credited to your Bitpanda wallet instantly, it actually reaches our bank account via bank transfer (SEPA). SEPA transfers can take up to 5 business days to be confirmed after you have initiated the payment. Once we have received the funds, you will be able to make use of the usual limits.
Note: Please keep in mind that Saturdays, Sundays and public holidays do not count as working days for banks. Furthermore, Austrian public holidays may differ from holidays in other countries.
Limits for verified Bitpanda users
If you are fully verified and have successfully completed your verification deposit, you will be able to make full use of the usual limits found below:
Online Payments
Once your verification has been successfully completed, the 24-hour limit for online payments such as NETELLER and Skrill is EUR 10,000 and cannot be increased any further.
Credit card
Once your verification has been successfully completed, the 24-hour limit for credit card deposits is EUR 2,500 and cannot be increased any further.
Bank transfer
Once your verification has been successfully completed, the 24-hour limit for bank transfers deposits is EUR 500,000.
Additional information
These general limits do not apply to all users, as individual limits are set based on a number of criteria.
Have a look at a complete list of the respective limits and payment options for verified users for more information.
Limits for unverified Bitpanda users
Due to a new EU regulation (AML5), which came into effect on the 10th of January, 2020, Bitpanda users are required to verify their Bitpanda accounts.
Learn more about it here.
