Buy Bitcoin with Banca Mediolanum

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

Data from bank docs & OAM registers · How we verify · Report an error

SEPA transfers supported.

Crypto Compatibility Score: 78/100 (Good)

Score Breakdown:

  • Payment methods: 30/35 pts — fast deposit rails available
  • Bank transfer reliability: 19/25 pts
  • Limits: 12/20 pts
  • Cost: 10/10 pts
  • Evidence: 7/10 pts

Supported payment methods: sepa, sepa-instant

Last verified:

Quick Verdict

No in-app crypto at Banca Mediolanum. SEPA to an OAM-registered exchange works after your beneficiary is active, extra confirmation steps are common when adding new recipients.

  • [✗]

    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

    Extra confirmation steps on new beneficiaries

Top Exchanges for Banca Mediolanum

Step-by-step guide to buying Bitcoin with Banca Mediolanum

With Banca Mediolanum, a SEPA bonifico to an OAM registered exchange is the usual EUR path. Here is how to get started.

  1. Pick an OAM-registered exchange
    Use an OAM-registered exchange to reduce deposit issues from Mediolanum.
  2. Create your exchange account
    Register and enable two factor authentication.
  3. Complete identity verification
    Verify identity so deposits are enabled.
  4. Copy IBAN, BIC, and causale reference
    Select Bonifico SEPA deposit and copy IBAN, BIC, and the causale reference code.
  5. Send bonifico in the Mediolanum app
    Open the Mediolanum app, go to Bonifici then Nuovo beneficiario, add IBAN and BIC, approve with app security, and include the reference in causale exactly.
  6. Wait for funds to arrive
    Bonifico SEPA is often next business day; new beneficiaries can add delays before the first payment is allowed.
  7. Purchase Bitcoin
    Buy BTC once the deposit clears.
  8. Secure your Bitcoin
    Withdraw to a wallet if you want self custody.

[!] Troubleshooting

  • If you cannot send to a new beneficiary, complete the extra confirmation steps during beneficiary setup before initiating the bonifico.
  • If your first bonifico is delayed, send a small test amount first to clear checks.
  • Keep the causale clean and include the reference code exactly to avoid delayed crediting.

Frequently Asked Questions

Can I buy Bitcoin with Banca Mediolanum?

Yes. Banca Mediolanum does not sell spot Bitcoin inside the bank app, but you can fund a crypto exchange using SEPA bonifico or SEPA Instant from accounts like SelfyConto. Mediolanum markets SEPA instant and standard transfers as commission free on SelfyConto, which helps if you deposit regularly. For easier compliance in Italy, check the provider on the OAM register.

What is Mediolanum's SEPA Instant limit when sending money to a crypto exchange?

Mediolanum's service documentation shows an outgoing instant bonifico maximum of €15,000 and an incoming instant cap of €100,000. If you are funding above €15,000, use a standard SEPA bonifico or split the deposit into multiple transfers if the exchange allows it.

Does SelfyConto really do free instant transfers and does that help with exchange funding?

Mediolanum promotes SEPA instant and standard transfers at zero commission on the SelfyConto page. That helps because you can top up an exchange without paying transfer fees each time. The destination still needs to support SEPA Instant for real time credit.

Should I fund a crypto platform with a Mediolanum card or a SEPA transfer?

Use SEPA transfer if you want predictability. Cards can be hit or miss depending on merchant setup, while a bonifico is a named IBAN transfer you can trace and reconcile. If you do use the card, keep it for small tests and treat bonifico as the main rail.

Does Mediolanum have a built in crypto trading feature like an exchange?

Not in the same way an exchange does. Mediolanum is positioned around banking, cards, and investing, and crypto purchases are typically done by funding an external exchange account. If your priority is self custody and withdrawals, an exchange account is usually required.

What triggers Mediolanum checks on first time deposits to a new exchange IBAN?

New beneficiaries and large first transfers are common triggers, especially on SEPA Instant. The quickest way to reduce this is a small test bonifico first, then a larger one once the beneficiary is established. Keep the beneficiary name exactly as provided in the deposit instructions.

Evidence & Verification

This page references 4 sources: Mediolanum SelfyConto, OAM Crypto Register, OAM Virtual Asset Operators. 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.