Fiat Wallet - TRY Bank Transfers

All you need to know about TRY Bank Transfers - set up, deposits, and troubleshooting

Valery avatar
Written by Valery
Updated over a week ago

Crypto.com now offers a localized, zero-fee* top-up method for users in Turkey, enabling them to fund their TRY Wallet using their bank accounts.

*Please note that while Crypto.com charges no fees for TRY deposits, your bank and/or its intermediary bank(s) may apply a processing fee.

How do I set up my TRY Wallet?

Activating your TRY Wallet requires verifying your bank account by making a deposit. Follow the steps below to set up your TRY Wallet:

  1. Go to “Fiat Wallet” from the “Menu” Button, OR from the home screen, tap “Accounts” > “Fiat Wallet”, OR from the home screen, tap “Deposit” > “Fiat”

  2. Tap + Set Up New Currency

  3. Select Turkish Lira

  4. Read and accept the Terms and Conditions

  5. Select your bank of choice. If your bank is not listed, please select Other Banks.

  6. Review the information about depositing into Crypto.com’s bank account

  7. Access your bank account via the online banking web portal or mobile application

  8. Copy the deposit information from the Crypto.com App and input it as the beneficiary details in the transfer instructions required by your bank

  9. Confirm and process the payment

Important Note

Please ensure that the name of the bank account from which the deposit is made matches the legal name that is associated with your Crypto.com App account. Mismatched names will result in a refund.

Why do I need to link my bank account?

Linking your bank account enables Crypto.com to protect you from fraudulent activities. We only accept funds from bank accounts that are in your name and match with the name associated with your Crypto.com App account. Any funds from a bank account in a name that does not match the name of your Crypto.com App account will be rejected and refunded.

What happens if my bank account is rejected?

Unfortunately, we cannot accept funds from bank accounts that have failed verification. Any funds that were deposited from a rejected bank account will be refunded to the originating bank account.

How long does it take for my funds to be credited?

Intra-bank and FAST transfers are near-instant. Once we have received the funds, we will credit the funds into your TRY Wallet within a few minutes.

Deposits that exceed the FAST limit will be made through EFT, and can only be made during the bank’s operating hours. Deposits made outside of the bank’s operating hours will be credited the next business day.

Can I use more than one bank account to deposit?

Yes, you may link up to five bank accounts to your TRY Wallet.

Are there any deposit limits?

Daily Deposit Limit

TRY 500,000 per day

Monthly Deposit Limit

TRY 5,000,000 per month

Deposits exceeding the above limits will be refunded to the originating bank account.

Do you accept funds from third-party payment processors?

No, we do not accept funds from third-party payment processors (e.g., Wise Inc.). Please use a bank account that is in your own name.

What can I do with the funds in my TRY Wallet?

You can purchase crypto using the funds in your wallet, or sell your crypto and convert it to TRY to be held in your wallet.

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