How to Complete SEPA Withdrawal Bank Account Verification

1. Why Do I Need to Verify My Withdrawal Bank Account When Withdrawing EUR?

2. How to Complete Withdrawal Bank Account Verification

3. FAQ

1. Why Do I Need to Verify My Withdrawal Bank Account When Withdrawing EUR?

In order to comply with the Anti-Money Laundering (AML) regulations and to safeguard users' funds, it is necessary to verify that the withdrawals have reached the user's own account. This practice is standard and common in terms of compliance. Simply complete the withdrawal account verification once and enjoy a smoother SEPA withdrawal service.

2. How to Complete Withdrawal Bank Account Verification

(1) Go to KuCoin SEPA withdrawal page.

(2) Choose EUR and Bank Transfer (SEPA).

(3) Add a SEPA withdrawal bank account, the status of the first added is “Unverified”.

(4) Click on the added bank account to enter the account verification process.

(5) Complete a EUR top-up through Regular Bank Transfer (SEPA) using the bank account you added.

(6) Withdrawal account verification will be completed automatically after the EUR deposit arrives.

3. FAQ

(1) How long does it usually take to complete this validation?

- If you choose the top-up method to complete the verification, the verification will be completed automatically after the funds are credited to your KuCoin account. SEPA transfers are usually credited within 2 business days.

(2) I had a successful top up before adding my bank account. Why is the verification not done automatically?

- Please note that the verification must be done after adding the withdrawal bank account for it to be valid. You must first complete the addition of the withdrawal bank account and then select the verification method for verification.

(3) There are no funds in my withdrawal account or I can't complete the verification through EUR Deposit, what should I do?

- We recommend that you transfer a small amount of funds from another bank account to complete your EUR deposit. If the problem persists, please refer to the image tutorial below to submit proof of withdrawal account verification. This verification typically takes 3-5 business days for manual review. It is recommended that you complete the verification process by making a small EUR deposit.