Making a deposit to your Swyftx account by bank transfer is a secure and simple way to add New Zealand dollars (NZD).
Deposits must come from a bank account registered under the same name as your Swyftx account. We accept deposits from joint accounts as long as your name is listed on the account.
A unique single-use deposit reference code is required for each NZD bank transfer deposit. If you reuse a deposit reference code, or you do not enter a reference code, please contact support.
For information on how to deposit via card, please visit our support article, New Zealand dollar card deposits using Banxa.
How to deposit NZD with a bank transfer
App
You can only use your deposit reference code once. If you reuse a deposit reference code, you will need to contact support.
Step 1: Find your Swyftx deposit details for the bank transfer
From the
Dashboard, select Deposit, then select New Zealand Dollars. Select Bank transfer as the deposit method.
Select Generate one-time reference for your single-use deposit reference code.
Copy the Account name, Account number, and the Unique deposit reference from the deposit information.
Step 2: Make a new deposit from your bank
Deposits must be made from a bank account under the same name as your Swyftx account.
Log into your bank.
Create a new payment via bank transfer.
Enter your Swyftx details from the deposit screen: Account name, Account number, and the Unique deposit reference.
You must enter your exact 10-character code in one of the reference fields (either Code, Reference, or Particulars).
Important: You can only use your deposit reference code once.
Enter the amount you want to send to complete the transfer.
Web
You can only use your deposit reference code once. If you reuse a deposit reference code, you will need to contact support.
Step 1: Find your Swyftx details for the bank transfer
Expand the side menu and select
Deposit & Withdraw. Select New Zealand Dollars from the list.
Select Generate one-time reference for your single-use deposit reference code.
Copy the Account name, Account number, and the Unique deposit reference from the deposit information.
Step 2: Make a new deposit from your bank
Deposits must be made from a bank account under the same name as your Swyftx account.
Log into your bank.
Create a new payment via bank transfer.
Enter your Swyftx details from the deposit screen: Account name, Account number, and the Unique deposit reference.
You must enter your exact 10-character code in one of the reference fields (either Code, Reference, or Particulars).
Important: You can only use your deposit reference code once.
Enter the amount you want to send to complete the transfer.
Deposit times
Usually within a few hours, but up to 1-3 days depending on your bank.
Deposit delays
Your first bank transfer can take up to 24 business hours to arrive in your Swyftx account due to banks' security measures.
Additionally, some banks now impose a 24-hour hold on deposits to crypto trading platforms. This is the banks' internal procedure, regardless of whether you've deposited into Swyftx before.
If your deposit is delayed:
Check the deposit in your online banking. If it's showing as 'Pending', it is still with your bank.
Ensure the unique code was entered correctly in one of the reference fields.
Ensure the code is for this specific transfer and not a previous deposit.
Call your bank to enquire about the delay.
If the code is incorrect or missing, please contact our support team.
Limits
No minimum or maximum deposit amount.
Fees for bank transfer deposits
$0
Swyftx does not charge fees for bank transfer deposits.
Your financial institution may charge a fee.
Verification
All New Zealand customers must complete KYC 1 verification before depositing NZD.
We may ask you to complete further verification after depositing.