Banking Partner of Binance in Europe to Cease Support for the Exchange in September

 

Binance will change its service provider for euro deposits and withdrawals through the Single Euro Payments Area (SEPA) bank transfers. Our current partner, Paysafe, will no longer offer these services to Binance users starting from September 25, 2023,” a representative from the exchange reported.

SEPA, the Single Euro Payments Area, is an integrated cross-border payment network of the European Union designed for euro transactions.

Additionally, our users will need to update their banking details used for depositing funds into their Binance accounts. They might also need to accept new terms to continue using SEPA services after this date,” the company explained.

 

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