Buy Bitcoin with Volksbank Raiffeisenbank

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

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

SEPA transfers supported.

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

No in-app crypto at Volksbank. SEPA works, but policies vary by regional bank and VR SecureGo plus prompts are standard for new recipients.

  • [✗]

    Can you buy Bitcoin in the app?

    No, use an external exchange

  • [✓]

    Can you fund an exchange?

    Yes, but with restrictions

  • [›]

    Best funding method

    SEPA Credit Transfer

  • [!]

    Potential issue

    Regional bank limits and VR SecureGo plus prompts

Top Exchanges for Volksbank Raiffeisenbank

Step-by-step guide to buying Bitcoin with Volksbank Raiffeisenbank

With Volksbank Raiffeisenbank, the typical route is SEPA Überweisung to a BaFin licensed exchange using the right Verwendungszweck. Here is a quick walkthrough.

  1. Pick a BaFin-licensed exchange
    Choose a BaFin-licensed provider and expect small differences across regional cooperative banks.
  2. Create your exchange account
    Register and enable two factor authentication.
  3. Complete identity verification
    Verify identity before depositing.
  4. Get IBAN and Verwendungszweck
    Copy the exchange IBAN, BIC, and Verwendungszweck from the SEPA deposit instructions.
  5. Send the Überweisung in VR Banking
    Open VR Banking, go to Ueberweisung, add the Empfänger, and approve with SecureGo plus; enter the Verwendungszweck exactly.
  6. Wait for funds to arrive
    SEPA is often 1 business day; new Empfänger can be delayed by approval steps or Tageslimit settings.
  7. Purchase Bitcoin
    Buy BTC after funds are credited.
  8. Secure your Bitcoin
    Move BTC to a wallet if you want self custody.

[!] Troubleshooting

  • If a transfer is rejected, check VR-SecureGo plus approval and verify the new recipient was fully added.
  • If limits block deposits, raise the Tageslimit or ask your local cooperative bank, since policies vary by region.
  • If SEPA Instant fails, retry standard SEPA because Instant acceptance depends on the recipient bank.

Frequently Asked Questions

Can I buy Bitcoin with Volksbank Raiffeisenbank?

Yes in many cases, but policies can vary by your local Volksbank or Raiffeisenbank because the network is decentralized. The most reliable method is a SEPA transfer from the VR Banking app, approved with VR SecureGo plus. Some users fund Bitpanda, others use Binance or Kraken, but bank transfer is usually more consistent than cards.

Do Volksbank accounts support SEPA Instant for same minute exchange deposits?

Many VR banks support Echtzeit Ueberweisung, but support and fees are set locally. Instant only works when the receiving bank account supports SEPA Instant too. If you do not see Instant as an option on the deposit method, use standard SEPA and expect bank business day timing.

How do I approve an exchange transfer in VR Banking without getting stuck at the TAN step?

Make sure VR SecureGo plus is active on the device linked to your banking login, then approve the prompt when it appears. If SecureGo plus is not fully activated after a phone change, the bank can block outgoing transfers until activation is complete. Fix that first, then retry the transfer.

Why does my Volksbank show a lower limit for new recipients even though my account limit is higher?

Some VR banks apply tighter rules for brand new beneficiaries and restrict the first outgoing payment until the recipient is established. This shows up often when you add an exchange IBAN for the first time. Send a small initial transfer, then increase size after it clears.

What should I put in the reference field when sending a SEPA deposit to an exchange from Volksbank?

Use the reference exactly as provided by the deposit screen and do not improvise. Many platforms require the reference to assign the deposit to your account, especially when they use pooled bank accounts. If you omit it, the transfer may arrive but not be credited automatically.

Is it safer to fund crypto from Volksbank using SEPA than using a Visa or Mastercard?

In practice, yes. SEPA transfers tend to clear once the beneficiary is approved, while card buys can be declined by issuer controls or merchant coding. If you want a repeatable funding workflow, treat cards as a backup and lean on SEPA.

Evidence & Verification

This page references 4 sources: VR SecureGo plus, Verbraucherzentrale Instant Payments, Bitpanda SEPA Reference. Information was compiled from official sources and user reports.

Sources:

How we verify · Report an error

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