Personal Banking

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Our policy around payments related to crypto assets
You can still manage your crypto investments. To withdraw funds into your iFAST Global Bank account, make sure you’re using a registered and regulated platform from the countries we accept.
You can receive inbound payments from cryptocurrency platforms that are registered with the UK Financial Conduct Authority (FCA), or from platforms regulated in jurisdictions that follow equivalent regulatory standards.
Your payment will be declined to protect you from potential scams. You’ll receive a notification explaining why the transaction was blocked.

Incoming payments from unregistered or unregulated cryptocurrency platforms will not be accepted. This policy helps ensure compliance with regulatory requirements and supports the security of your account.

Registered platforms must follow strict rules to protect your money and personal information. Unregistered platforms may operate in risky, unregulated spaces, making it easier for fraudsters to take advantage of you.

By blocking outgoing payments to crypto platforms, we reduce the risk of your money being sent to fraudsters. We also ensure that any incoming crypto-related payments come from verified, regulated platforms in jurisdictions with similar regulatory standards, so your money is safer.

We’re committed to protecting your money. Crypto scams and fraud are on the rise, and blocking these payments is one of the most effective ways we can keep your hard-earned money safe.