You can learn how to deposit local currency funds into your Luno account by watching the video or following the steps below. If you need more detailed instructions for making a deposit in your country, see the payment methods per region section below.
Here's how to deposit money
Open the Luno app and sign in
Select Portfolio
Choose your local currency wallet
Select Deposit
Choose the method with which you’d like to top-up your wallet
And follow the on-screen prompts from there
Payment methods per region
The deposit options available to you might differ depending on which country your Luno account is verified in. Find more detailed instructions for your country below.
Malaysia
Note
Even after your account has been successfully verified, you’ll still need to review and accept the Risk Warning before you can start transacting.
In Malaysia, you can make an instant deposit using FPX or your Touch ‘n Go eWallet.
Read these articles to find out more about depositing funds into your Luno account:
- How do I make a deposit using instant transfer with FPX in Malaysia?
- How do I deposit using my Touch 'n Go eWallet in Malaysia?
Note
The following types of deposits are not accepted, and once we have the necessary information, it will be returned to the depositor:
- Third-party deposits (made from a bank account not in your own name). This includes deposits from company/ business bank accounts owned by you
- Cash and cheque deposits
- Deposits from debit and credit cards
- Foreign currency deposits or deposits from foreign bank accounts. We only accept MYR from local MYR bank accounts
Indonesia
In Indonesia, you can make a deposit via bank transfer through an ATM, internet banking and mobile banking almost instantly. There are zero fees when depositing funds to your IDR wallet.
Follow this link to learn more:
- How do I make an instant bank transfer in Indonesia?
- How do I deposit money with my GoPay e-wallet in Indonesia?
Nigeria
In Nigeria, you can make a deposit by purchasing a voucher or by making a bank transfer (which will reflect in your NGN wallet in 30 minutes).
Read these articles to find out more about depositing funds into your Luno account:
Tip
If you’re having trouble using a voucher, read this article for more help: I have an issue with my voucher for a deposit or withdrawal in Nigeria
South Africa
In South Africa, you can make a deposit via bank transfer (which can take up to 2 business days to reflect), or you can make an Instant EFT deposit with Stitch.
Read these articles to find out more:
- How do I make a deposit via bank transfer in South Africa?
- How do I make an instant deposit in South Africa?
- How do I buy crypto with my debit or credit card in South Africa?
- EFT deposit tips for South African customers
Note
When making a bank transfer deposit, be sure to use your deposit reference (starting with BX or LN).
Kenya
In Kenya, you can make a deposit using M-PESA, which can take up to 24 hours to arrive in your Luno wallet.
Read these articles to find out more: