What does the recipient of a Crypto-to-Fiat payment see in their bank account?
The sender and payment reference details (→ What is the payment reference?) shown to the recipient of a Crypto-to-Fiat payment depend on the currency and payment network used by the payer. Refer to the table below:
Currency | Payment Network | What's displayed to the recipient |
EUR | SEPA | Sender:
Payment reference: |
USD | ACH | Sender: References for these types of transfers are limited to a length of 10 character only, so any longer names are automatically cut off. |
USD | Wire | Sender: |
GBP | Faster Payments | Sender:
Payment reference: |
USD, EUR, and others | SWIFT | Sender: |
How to change the payment reference
When making a payment, payers can change the payment reference in the payment step by clicking "Payment reference."