POLi is an easy-to-use deposit method that lets you make safe payments directly to Swyftx without needing a card.

It works differently from a standard bank transfer in that you are credited the balance immediately.

Deposits to your Swyftx account must be made from a bank account under the same name as your Swyftx account.

POLi deposits are available for Australian customers only.

How to deposit funds with POLi

• App

  Deposits must be made from a bank account under the same name as your Swyftx account.

  1. From Quick actions in the toolbar, select  Deposit funds.
  2. Select POLi payments as the deposit method, and select Continue.
  3. Check that your bank is supported. (If it isn't, please use a different deposit method.)
  4. Enter the amount you want to deposit.
  5. Select the checkboxes, then select Deposit.
  6. Select Proceed to go to the POLi gateway.
  7. Find and select your bank from the list, then select Continue.
  8. Enter your bank login details, then select Login.
  9. Confirm the details of the transaction.

• Web

  Deposits must be made from a bank account under the same name as your Swyftx account.

  1. Expand the side menu and select  Deposit.
  2. Select a currency from the list.
  3. Select POLi from Deposit methods.
  4. Enter the amount you want to deposit.
  5. Select Continue to go to the POLi gateway.
  6. Check that your bank is supported. (If it isn't, please use a different deposit method.)
  7. Find and select your bank from the list, then select Continue.
  8. Enter your bank login details, then select Login.
  9. Confirm the details of the transaction.

Deposit times

POLi deposits are credited instantly to your account. However, the funds can’t be withdrawn until they have cleared our systems.

The funds usually arrive within 3 to 6 business hours but can take up to 1 business day.

Your first deposit can take up to 24 business hours to arrive in your Swyftx account due to banks' security measures.

If you make a POLi deposit over the weekend, the funds will come through on the next business day.

Limits

$30 AUD minimum deposit.

$20,000 AUD maximum deposit at a time.

Limits include both cash and crypto transactions.

Fees for POLi deposits

$0

There are no fees for POLi deposits.

Your financial institution may charge a fee.

Verification

We may ask you to complete further verification after depositing.