We wanted to provide our New Zealand users with more and easier payment options on the Swyftx platform. That’s why we are excited to announce these two new updates for our New Zealand users:
🎉 Credit card and instant deposits are now available in New Zealand;
🎉 All deposits and withdrawals are now supported on the mobile app!
Credit Card Deposits
Credit card deposits will be available for NZ users through the deposit screen on the Swyftx web and mobile app. Users can deposit up to $10,000 NZD per day via the BANXA portal, with a minimum deposit of $30 NZD. There is also a maximum monthly deposit of $85,000 NZD.
Although Swyftx does not charge fees for credit card deposits, our third-party payment provider may charge up to ~4%. Your bank may also charge additional fees.
Once deposited, the funds should take 30-45 minutes to appear in your Swyftx account, where they will appear in USD.
Near Instant Deposits
We are also offering POLi payments for near instant deposits, so you can deposit your money into your Swyftx account as quickly and easily as possible. POLi payments are available via the deposit page and allow for payments of up to $20,000 NZD to be deposited into a Swyftx account instantly.
POLi deposits are instantly credited to your account, meaning you can trade straightway, however, as the network can take 1-3 banking business days to clear, the funds will be unable to be withdrawn from your account until they are officially received.
NZD Deposits and Withdrawals in App
Previously, deposits and withdrawals were only supported on Swyftx’s desktop platform for New Zealand users. Now you can deposit and withdraw funds into and from your Swyftx account through our mobile app, creating a quick and easy trading experience.
Ted