Buy Bitcoin with Abanca

[✓] last verified 2026-01-28·Reviewed by BankToBTC Team

Data from bank docs & Bank of Spain registers · How we verify · Report an error

Allows crypto transfers.

Crypto Compatibility Score: 55/100 (Fair)

Score Breakdown:

  • Payment methods: 10/35 pts
  • Bank transfer reliability: 17/25 pts
  • Limits: 12/20 pts
  • Cost: 8/10 pts
  • Evidence: 7/10 pts
  • Minimum floor applied (55 pts)

Supported payment methods: sepa

Last verified:

Quick Verdict

Abanca doesn't sell crypto. SEPA to a licensed Spanish exchange works, be precise with beneficiary details, as mismatches are a common cause of returned transfers.

  • [✗]

    Can you buy Bitcoin in the app?

    No, use an external exchange

  • [✓]

    Can you fund an exchange?

    Yes, using SEPA Credit Transfer

  • [›]

    Best funding method

    SEPA Credit Transfer

  • [!]

    Potential issue

    Beneficiary detail mismatches can cause rejections

Top Exchanges for Abanca

Step-by-step guide to buying Bitcoin with Abanca

Most Abanca customers buy Bitcoin by funding a CNMV registered exchange through SEPA transferencia and clean concepto. Follow along to get set up.

  1. Pick a Banco de España registered exchange
    Choose a registered provider to reduce rejected SEPA transfers.
  2. Create your exchange account
    Register and enable two factor authentication.
  3. Complete identity verification
    Verify identity so deposits are enabled.
  4. Copy IBAN and concepto reference
    Select SEPA transfer deposit and copy IBAN, BIC, and any concepto reference.
  5. Send transferencia in the Abanca app
    Open Abanca, go to Transfers, add the beneficiary IBAN, approve with app confirmation, and enter the concepto reference exactly; mismatched beneficiary details can cause rejection.
  6. Wait for funds to arrive
    SEPA often lands next business day; first time beneficiaries can add delays due to verification.
  7. Purchase Bitcoin
    Buy BTC once your EUR deposit is credited.
  8. Secure your Bitcoin
    Move BTC to a wallet if you want self custody.

[!] Troubleshooting

  • If a transfer is returned, recheck beneficiary name and IBAN formatting, as mismatches are a common rejection cause.
  • If your first payment is delayed, add the beneficiary first and wait for activation steps to clear before sending.
  • Keep the reference code clean in the concepto field to avoid delayed crediting.

Frequently Asked Questions

Can I buy Bitcoin with Abanca?

Yes. Abanca does not sell Bitcoin inside its banking app, but SEPA transferencias to exchanges work and are the most reliable funding method. Many Abanca users choose Bit2Me as a Spain based on ramp, or use a large EU platform for deeper liquidity. If you are blocked on a first transfer, it is usually a new beneficiary verification step.

Does Abanca Bizum help with crypto deposits or is it separate from transfers?

It is separate. Abanca publishes Bizum limits for P2P payments and online purchases, but crypto platforms generally require SEPA deposits to an IBAN. Treat Bizum as unrelated to exchange funding and use transferencia bancaria instead.

Abanca transfer to an exchange failed: what is the first thing to check?

Check beneficiary details and whether you used the correct currency and reference format. Many platforms support EUR deposits through SEPA routes, but the beneficiary name and IBAN must match what the deposit page shows for your account. If the bank blocked it, resend a smaller amount after you confirm the beneficiary was saved correctly.

Abanca SEPA Instant: can I use it to fund an exchange faster?

Only if the EUR deposit route supports SEPA Instant for your account and Abanca sends it as immediate. Otherwise it will process like standard SEPA and can land on the next business day. If speed is the goal, pick an exchange route that explicitly lists SEPA Instant and then confirm Abanca can send instant to that beneficiary.

What limits trip Abanca users up when funding an exchange by bank transfer?

Two things: the configured transfer limit and the new beneficiary restrictions. If you are sending to a new IBAN, a conservative limit can cause a hard fail even though your account has funds. Adjust your limits before sending, or split into smaller transfers on day one.

Is Abanca debit card buying crypto reliable?

It is less reliable than SEPA. Card buys can fail on 3D Secure or issuer risk rules even if the same card works for normal ecommerce. If you want predictability, fund the platform through a transferencia and trade after the EUR balance is credited.

Evidence & Verification

This page references 4 sources: Bit2Me EUR Deposits, BBVA Transferencias Guide, Banco de España Crypto Registry. Information was compiled from official sources and user reports.

Sources:

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Information can change without notice. Always verify current policies directly with your bank and exchange before making transactions.