Banking Circle
Europe and the UK
The side of the operation that talks to SEPA and Faster Payments.
Send money everywhere.
One balance in USDC. Local rails in, local rails out.
The mechanism
You pay in. It becomes USDC. It goes back out.
The rate below is read live from our payment provider, and it is the rate we would apply right now. The rate for your transfer is the one shown when you confirm it.
you hold — USDC
Pay in with
The rail your country already uses
- SEPAEuro area
- Faster PaymentsUnited Kingdom
- ACHUnited States
- FedNowUnited States, instant
- PixBrazil, instant
- SPEIMexico
- PSEColombia
- More as approvals landConfirmed at onboarding
Where it lands
Six markets, in and out
- Euro areaSEPASame or next day
- United KingdomFaster PaymentsNear instant
- United StatesACH · FedNowBatch or instant
- BrazilPixInstant
- MexicoSPEISame day
- ColombiaPSESame day
A destination outside the authorised list has no entry here — the payout cannot be created at all. Read the coverage rules
Who settles the money
We are not pretending to be a bank
Settlement runs through regulated banking partners, and we say which ones. The balance itself is USDC, and that is a digital asset — not a deposit.
Lead Bank
United States
The side that talks to ACH, FedNow and domestic wires.
- Authorised jurisdictions only. A destination has to be on the list before a payout exists. There is no manual override, for anyone, including us.
- Screened as the payout is built. Recipient and destination are checked at creation, not afterwards.
- Identity established first. An account moves nothing until verification is complete.
- Every movement reconstructable. One balance, one unit of account, a full audit trail.
Straight answers
Questions people actually ask
Is my balance a bank deposit?
No. It is held in USDC, a digital asset issued by Circle. It is not a bank deposit and is not covered by deposit guarantee schemes, even though settlement runs through banking partners.
Can I move the USDC out to my own wallet?
Yes. It is your asset. You can withdraw it to an address you control, or leave it with us and pay out onto a local rail instead.
Which payment methods can I fund with?
SEPA in the euro area, Faster Payments in the UK, ACH and FedNow in the US, Pix in Brazil, SPEI in Mexico and PSE in Colombia. More are added as approvals land.
Are the rates on this site the rates I get?
The converter shows the rate that applied on the date stated. The rate for your transfer, and any charges, are shown on the confirmation screen while the transfer can still be cancelled.
Can I send money anywhere?
No. Payouts settle only into jurisdictions we are authorised to serve. Outside that list the payout cannot be created at all.
What does it cost?
It depends on the corridor, the rails on both ends and how much moves. We would rather quote that than publish a table we would have to correct a month later. Tell us those three things and we will give you a number.
How do I close my account?
From inside the product. Records we are legally required to keep are retained; the rest of your profile goes.
Start at the beginning
Pay in on your rail. Hold the USDC. Send it back out on theirs.
Open an account