Can I deposit dollars, euros, and/or pesos?

Wallbit is an all-in-one financial app built to simplify your finances. You can therefore deposit money in dollars, euros, USDT, USDC, and pesos into your account.

Keep in mind that your Wallbit balance will always be converted to United States dollars (USD). If you prefer, you can also open a euro account in the Single Euro Payments Area (SEPA).

You can deposit dollars into your Wallbit account via local U.S. transfers. These transfers are made in two ways: ACH (Automated Clearing House) or wire.

Another way to deposit dollars into your Wallbit account is via dollar transfers from other platforms and digital wallets, such as Wise, Payoneer, Deel, Airbnb, and many others.

You can receive funds from a bank account in your name. Third-party deposits will be accepted only if they are related to payment for goods or services. This means you must have documentation proving that the funds are payment for services provided.

Except for Argentina, you can only deposit dollars from the U.S. As for depositing pesos into your Wallbit account (and converting them to dollars), you can do so from the following countries:

• Argentina
• Bolivia
• Colombia
• Peru
• Dominican Republic

You can deposit euros into your account via instant SEPA transfers, provided they come from accounts in your name or from company accounts/services that have been previously verified. If you deposit euros, they will be converted to dollars automatically in the application.

Note that transfers from third-party accounts are not accepted unless they originate from services rendered and are supported by the corresponding invoices. In those cases, you will need to attach that documentation to validate the transaction.
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If you have any questions, you can contact our support team through this channel or via the in-app chat.