Depositing Euros to your Venga account is simple! All you need to do is make a SEPA transfer to the IBAN provided in your Venga app. Follow the steps below to get started.
Accessing the Deposit Screen
There are two ways to reach the Deposit screen:
- From the Home Page
- From the Wallet Tab
From the Home Page:
- Tap "Add Funds" on the homepage.
- Select Euro as your currency.
- Tap Continue to proceed to the deposit information screen after carefully reading the disclaimer.
- Copy the required information for the SEPA transfer.
- This includes your IBAN and any other details displayed.
- Open your banking app and start a SEPA transfer request using the information you copied.
From the Wallet Tab:
- Tap on the Wallet tab in your app.
- Choose Euro as your currency.
- Tap on the Deposit button to proceed.
- Tap Continue on the deposit information screen.
- Copy the required information for the SEPA transfer
- This includes your IBAN and any other details displayed.
- Initiate the Transfer:
Open your banking app and start a SEPA transfer request using the copied details.
Important Notes:
- When transferring to your Venga IBAN, ensure that the transfer originates from a bank account under your name. For regulatory compliance, the name on your bank account and SEPA transfer must match the name on your Venga profile. If a transfer is made from an account not under your name, the transaction will be declined, and the funds will be returned to your bank minus some fees applied for the service.
- SEPA transfers typically take 1-2 business days to process but if your bank supports it you can send the funds through SEPA instant transfers which will be almost automatic.