Crypto loans paid to your bank account

With a crypto Lombard loan, your collateral stays on-chain and your money arrives as an ordinary bank transfer, in euros, dollars, pounds or Swiss francs. This guide explains how each payment system works, how long the money takes to arrive, what it costs, and what your bank sees along the way.

From collateral to bank transfer

A payout has five stages. Only two of them depend on us; the others belong to the blockchain, the payment system and your bank.

1. Before you borrow

   Name the receiving account

   In your client area, enter the account that will receive the loan and the name of its holder, exactly as the bank holds it.

2. Blockchain

   Pledge your collateral

   Send it to the address created for your loan. Bitcoin is credited after 2 confirmations, about 20 minutes on average; ether after 64 blocks, about 13 minutes.

3. Lombard Private

   The transfer is sent

   Once the collateral is confirmed, the loan is booked and the transfer instructed, typically within the hour.

4. Payment system

   The payment system carries it

   Instant systems deliver within seconds, any day of the year; others work on business days.

5. Your bank

   Your bank credits your account

   Most payments are credited automatically. Your bank may apply its own checks before doing so.

Which payment rail for which currency

Each currency travels on its own payment system. Instant systems run every day of the year; the others follow the banking calendar of their country.

Euros: SEPA Instant and SEPA

Euro payouts use the Single Euro Payments Area (SEPA), which covers the European Union and several neighbouring countries, including Switzerland and the United Kingdom. SEPA Instant settles in seconds, around the clock; under recent EU rules, banks in the euro area must be able to receive and send instant euro payments. If a receiving bank does not support them, the standard SEPA transfer arrives by the next business day at the latest.

Pounds: Faster Payments

UK Faster Payments also run every day, around the clock. Most payments arrive within seconds or minutes; the scheme allows up to two hours, and individual banks set their own limits on how much a single payment can be.

US dollars: Fedwire and SWIFT

Fedwire is the US Federal Reserve’s real-time settlement system for domestic dollar payments, operating on US business days. For dollar accounts outside the United States, payments travel over SWIFT, the international network banks use for cross-border transfers, and may pass through one or more intermediary banks.

Swiss francs: SIC and SWIFT

Franc payments to accounts in Switzerland use SIC, the Swiss interbank clearing system operated on behalf of the Swiss National Bank, on Swiss banking days. Franc accounts held outside Switzerland are paid by SWIFT.

How long it really takes

Add up the stages and the total depends mostly on the payment system and on the day of the week. A few typical cases:

Indicative timings: blockchain congestion, intermediary banks and your bank’s own checks can lengthen any of them.

What it costs

Payouts by SEPA, SEPA Instant and Faster Payments are free. Transfers sent by SWIFT, Fedwire or SIC are charged at cost — our bank’s charge, passed on without margin and shown before you confirm — and with SWIFT, intermediary banks along the route may deduct their own charges before the money reaches you; your bank may also charge to receive an international payment. There is no other fee to receive your loan, and no fee to repay it early. The full list is in our fee schedule.

Getting the beneficiary details right

A transfer needs two things: the account details for the currency, and the name of the account holder.

Enter the holder’s name exactly as the bank holds it. Since October 2025, banks in the euro area check, before sending a euro transfer, whether the name matches the IBAN — a service called Verification of Payee — and in the United Kingdom, Confirmation of Payee performs a similar check for most payments. A mismatch can delay or stop a payment, and a transfer sent to the wrong account may not be recoverable, so check the details carefully before you confirm.

What your bank sees, and what it may ask

Your bank sees the same information as for any incoming transfer: the amount, the currency, the sending account and a payment reference. It does not see your collateral or your client area.

Banks monitor payments and may ask any customer about the purpose or origin of a large or unusual one. If yours does, the answer is simple and documented: the money is a loan, secured by crypto-assets you own. Your client area holds the documents that show it.

• Your loan agreement, with the amount, the rate and the collateral pledged.
• Your payout statement, showing the transfer sent to your account.
• Your collateral receipt, with the address of your collateral, which anyone can check on a block explorer.

Having them ready usually turns a question into a formality. Our guide to crypto loans without KYC explains why the bank account is the one personal detail involved in the whole process.

Choosing your loan currency

Borrow in the currency of the expense you are covering, and of the account that will receive the money. If you receive dollars into a euro account, your bank will usually convert them at its own rate and fees.

The currency also matters for risk. Collateral is priced in US dollars on the market, so a loan in euros, pounds or Swiss francs carries a currency effect: if the dollar weakens against your loan currency, your loan-to-value rises even when crypto prices do not move. The effect is usually small next to crypto price moves, but it is the main risk for loans backed by dollar stablecoins; our guide to loan-to-value puts numbers on it.

Bank transfer or stablecoins?

Some crypto lenders pay loans in stablecoins rather than in bank money. That can suit someone who wants to stay on-chain, but most borrowers need money they can actually spend: a property deposit, a tax bill, salaries.

We pay every loan by bank transfer, in the currency you choose. You can still pledge stablecoins as collateral: see stablecoin-backed loans.

Repaying from your bank account

Repayment works the same way in reverse. You can repay at any time, in full or in part, by bank transfer in your loan currency following the instructions in your client area, or in USDT or USDC. There is no fee for repaying early. Interest accrues daily, so it stops growing on what you repay as soon as the repayment is received.

A partial repayment lowers your loan-to-value. A full repayment releases your collateral, which is returned to the address you choose, typically within the hour; the network fee for that transfer is charged at cost and shown before you confirm. The details are on our repayment page.