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Improved Fiat Service Levels with BCB SEPA and BLINC on Liquid
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BCB's Euro fiat rails have both SEPA and SWIFT capability so that all Liquid users in and out of the Eurozone can access Liquid faster and at a lower cost than ever before. Liquid Corporate users depositing EUR and JPY via BLINC will have funds credited and available for trading at Liquid Exchange in real-time, 24/7.
Instant settlement of EUR and JPY via BLINC provides counterparties with more opportunities to trade on Liquid during fast markets. There are no charges for deposits or withdrawals made via the BLINC network.
To celebrate the new service levels, Liquid is waiving EUR SEPA withdrawal fees for the remainder of 2021!
Benefits of SEPA on Liquid:
- 0 Fees until 2022!
- Same day withdrawal processing with fast EUR settlement (a few hrs)
- Available for Corporates or Individual accounts
Benefits of BLINC on Liquid:
- 0 fees for Deposits or Withdrawals
- Support JPY and EUR
- Real-time 24/7 fiat settlement
- Deposits reflected in under 1 minute
- Available for BCB BLINC network participants
When are SEPA and BLINC fiat settlements available to Liquid users?
- Automated EUR and JPY deposits and withdrawals via BLINC are available now.
- EUR deposits and withdrawals via SEPA are available now.
How to use SEPA on Liquid? If you are depositing fiat from the countries that are part of the Eurozone, the system will detect and categorize your deposits and withdrawals as SEPA. Here is the guide on how to deposit and withdraw fiat on Liquid.
How to connect BLINC to your Liquid account? Please check out our guide here.
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About BCB Group
BCB Group is Europe’s leading crypto-dedicated payment services provider, serving some of the industry’s largest clients, including Bitstamp, Coinbase, Galaxy, Gemini, Huobi, and Kraken. BCB Group provides payment services in 30+ currencies, FX, cryptocurrency liquidity, and digital asset custody.
Responding to institutional demand for operational best practices in digital asset markets, BCB Group was created by established thought leaders in finance, regulation, and technology. Founded in the UK and developed to encompass key relationships across global financial services communities, BCB Group is well-positioned as one of the first multi-jurisdictional regulated cryptocurrency service firms. BCB Group’s executive team have worked for Barclays, Credit Suisse, Deutsche Bank, Investec, Lloyds Commercial Bank, Norton Rose Fulbright, FIS, and Sun Life of Canada.