Buy Bitcoin with Deutsche Bank

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

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

SEPA transfers allowed to most exchanges.

Supported payment methods: sepa, sepa-instant

Last verified: Jan 28, 2026

Top Exchanges for Deutsche Bank

• Bybit
• Kraken
• eToro

Step-by-step guide to buying Bitcoin with Deutsche Bank

Deutsche Bank customers usually buy Bitcoin by sending a SEPA Überweisung to a BaFin licensed exchange with Verwendungszweck. See the steps below.

1. Pick a BaFin-licensed exchange
   Choose a provider that is BaFin-licensed or properly registered for Germany to reduce transfer friction.
2. Create your exchange account
   Register and enable two factor authentication.
3. Complete identity verification
   Verify identity so EUR deposits are enabled.
4. Copy IBAN, BIC, and Verwendungszweck
   In deposits, select SEPA Überweisung and copy the IBAN, BIC, and the Verwendungszweck reference.
5. Send SEPA in Deutsche Bank Online Banking
   Open Deutsche Bank Mobile or Online Banking, go to Transfers then Bank transfer, add the Empfänger if needed, and approve using photoTAN; paste the Verwendungszweck exactly.
6. Wait for funds to arrive
   Standard SEPA is often 1 business day; first transfers to a new Empfänger can be delayed by additional checks.
7. Purchase Bitcoin
   Buy BTC once your EUR deposit is credited.
8. Secure your Bitcoin
   Withdraw BTC to a personal wallet if you want self custody.

Frequently Asked Questions

Can I buy Bitcoin with Deutsche Bank?

Yes. Deutsche Bank does not offer a native Bitcoin buy feature in retail banking, but you can fund a crypto exchange using a SEPA transfer from Deutsche Bank Online Banking. Bank transfer is usually more reliable than card checkout, especially for first deposits. For examples, users commonly fund platforms like Bitpanda or Kraken, and some also use German EUR rails offered by regulated venues. Always copy the recipient IBAN and the reference exactly from the deposit screen before you confirm.

Where do I find the correct IBAN and reference for a SEPA deposit from Deutsche Bank?

Open the exchange deposit screen first and pull the IBAN plus the required reference or Verwendungszweck from there. Many exchanges use pooled bank accounts, so the reference is what links the payment to your account. If the platform requires a structured reference and you leave it blank or change the format, the deposit can be delayed, manually reviewed, or returned.

Does Deutsche Bank support SEPA Instant for crypto deposits?

Sometimes. SEPA Instant depends on whether your Deutsche Bank account and the receiving bank account support Instant for that recipient. If Instant is not available, a normal SEPA transfer usually lands on a bank business day schedule. In practice, the main time sink is often first time recipient setup and security approval, not the rail.

Why did Deutsche Bank ask for extra approval when I added a new exchange recipient?

That is standard new recipient fraud control plus Strong Customer Authentication. Adding a new Empfaenger and sending the first transfer can trigger stronger checks, especially if the amount is unusual for your account. Start with a small test transfer, then scale up once it clears and the recipient is established.

How do I increase my Deutsche Bank Ueberweisungslimit for an exchange deposit?

Check your Ueberweisungslimit settings before you initiate funding. If you need a higher limit, request the change in online banking and confirm it using your usual approval method. If an increase does not apply immediately, split the deposit into smaller transfers and avoid multiple failed retries in a row.

Is a Deutsche Bank card deposit or a SEPA transfer more reliable for crypto?

SEPA transfer is usually more reliable. Card payments can be declined based on merchant coding and issuer risk checks, and you often get less detail on why it failed. With SEPA you can verify the IBAN, beneficiary name, and reference field, which makes troubleshooting much easier.

Evidence & Verification

This page references 4 sources: Deutsche Bank Ueberweisungslimit, Bitpanda SEPA Reference, Verbraucherzentrale Instant Payments. Information was compiled from official sources and user reports.

Sources:

• Deutsche Bank Ueberweisungslimit
• Bitpanda SEPA Reference
• Verbraucherzentrale Instant Payments
• BaFin Crypto Supervision

How we verify · Report an error

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