EUR Transactions Guide | CadRemit Help Centre

EUR Transactions

How can I deposit EUR to my wallet on CadRemit?


  1. Sign in to your CadRemit app. 

  2.  Tap Deposit 

  3. Tap Euro to create a Euro virtual account. This requires uploading the necessary documents. Once your account is created, you’ll be provided with the following details:

  • Bank Identification Code (BIC)

  • International Bank Account Number (IBAN)

  • Account Name

  • Bank Name

  1. You will use these details to send money from your personal euro account into your CadRemit euro wallet.


How can I transfer EUR from my wallet?


To transfer euros from your CadRemit wallet to a euro account:

  1. Sign  in to your CadRemit app.

  2. Tap Transfer 

  3. Tap Euro 

  4. Add the amount you want to transfer from, then tap Continue.

  5. Add the recipient’s account name, BIC/SWIFT Code, and IBAN.

  6. Confirm the details and use your PIN to complete the transfer.


Can I send EUR to a US bank account?


Yes. You can send EUR from your EUR wallet to a bank domiciled in the USA. The recipient will receive the EUR equivalent in USD. Please, use the recipient’s USD account details, which include: bank name, account name, account number, 


Can I send EUR to Nigerian Banks? 


Yes, you can send euros from your EUR wallet, and it will be received in Naira by the recipient. Use the recipient’s Nigerian bank details, which include account name, number, and bank name to initiate your transfer. 


How can I transfer EUR to my Naira wallet?


  1. Sign in to your CadRemit app.

  2.  Tap Transfer.

  3. Tap Euro. 

  4. Add the amount you want to send, change the receiver currency to Naira, and add the recipient’s Naira virtual account details.



How can I transfer EUR to my USD wallet?


  1. Sign in to your CadRemit app.

  2. Tap Transfer.

  3. Tap Euro. 

  4. Add the amount you want to send, and change the receiver currency to USD and add the recipient’s Naira virtual account details.



How can I transfer EUR to my CAD wallet?


This is not possible at the moment. 


Can I receive EUR from family, friends, or my boss? 


Please be informed that EUR deposits can only be received from self-payments, registered businesses, and family members sharing the same last name as you, and third parties. 



 How long do Euro transactions take? 


Euro transactions are processed instantly, depending on the recipient’s bank.


Can I receive Euro from my friend? 


No, you can only receive Euro from family members who share the same surname or from a registered business/company.


How much is the fee for Euro deposits? 


It’s free.

 

Can I send Euro to any country?


Euro transactions can only be sent to supported countries.


What are the supported countries for SEPA and swift transfers?

Supported countries for  SEPA/SWIFT transfers are: 

Åland Islands

Austria

Belgium

Bulgaria

Croatia

Cyprus

Czechia

Denmark

Estonia

Finland

France

French Guiana

Germany

Greece

Guadeloupe

Hungary

Iceland

Ireland

Italy

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Martinique

Mayotte

Netherlands

Norway

Poland

Portugal

Réunion

Romania

Saint Martin (French part)

Slovakia

Slovenia

Spain

Sweden

Switzerland

United Kingdom of Great Britain and Northern Ireland


Can I send money from my Euro wallet to a commercial bank account in other supported countries? 


Yes, you can send money from your Euro wallet to commercial bank accounts in supported countries.