How to Deposit via Wire

Overview

Item

Currency

EUR via SEPA USD via SWIFT

Minimum Deposit

100 EUR or USD

Processing Time

Typically 1–3 business days

Fees

0 EUR/USD

*Backpack charges no fee for sending or receiving EUR/USD wires. Your sending/ intermediary bank may apply its own charges, which are outside our control.


Prerequisites

  • Verified Backpack EU Exchange account

  • Available USD or EUR balance in your Bank Account


Step-by-Step Guide

Get Your Backpack Wire Details

  • Select Cash (USD)Wire Transfer

Note: The minimum deposit is $100, and we accept EUR or USD.

  • Click Continue

  • Choose to deposit in USD or EUR

  • USD:

  • EUR:


Copy your bank details

You’ll see everything you need on the “Wire transfer” screen:

  • Account name

  • SWIFT/BIC

  • IBAN / Account number

  • Reference (include this exactly to credit your account)

  • Bank name & address

  • Recipient address


Send the wire from your bank

From your personal bank account, initiate a SWIFT transfer using the details above. Make sure:

  • The sending account is in your name (third-party transfers are rejected).

  • You send USD or EUR.

⚠️ Important: Deposits must come from a bank account in your name. Third-party deposits are not supported.


🎉 All done! Your USD or EUR deposit is now on its way to Backpack.

Need help or have questions? Reach our support team anytime at [email protected]. Be sure to include your reference code for faster assistance.

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