In most regions, Luno customers have the option to fund their local currency wallets by making a bank transfer or an instant deposit.
Instant deposits will reflect straight away, while deposits via bank transfer will depend on the usual bank transfer times in your region. Once the deposit arrives, you’ll get an email and a notification on your phone.
Note
Bank transfer deposits are not processed on weekends or public holidays.
Make sure that your deposit reference is 100% correct before you make a deposit. Include your reference number for bank transfers.
We don't accept deposits from third parties, payments must be made in your own name.
Deposit times per country
The times below show how long it takes in your country for bank transfers and instant deposits to show up in your local currency portofolio.
Australia
The time it takes for your deposit to reflect depends on which deposit option you use:
- Bank transfer: Up to 2 business days
- Instant deposit with PayID: Instant
Note
If your bank is on the New Payments Platform (NPP), bank transfers may be instant. In some cases, however, even NPP banks may have daily limits in place, and deposits above those limits will take up to 2 business days.
Europe
Bank transfers take up to 2 business days.
Indonesia
Deposits to your IDR portofolio, via Bank transfer with Midtrans or GoPay e-wallet should reflect instantly.
Malaysia
Deposits via FPX or Touch 'n Go eWallet will reflect straight away in your Luno account.
Nigeria
The time it takes for your deposit to reflect depends on which deposit option you use:
- Voucher deposits should reflect in your NGN portofolio within 24 hours, usually sooner.
- Bank transfer: Within 30 minutes
South Africa
The time it takes for your deposit to reflect depends on which deposit option you use:
-
Bank transfer:
- Within 5 minutes to 48 hours if you bank with Standard Bank
- Up to 2 business days for all other banks
- Instant transfer with Stitch: Instant
- Instant deposit with Apple Pay: Instant
United Kingdom
The time it takes for your deposit to reflect depends on which deposit option you use:
- Debit or credit card: Instant
- Bank transfer: Up to 24 hours
Cryptocurrency
If you’re receiving cryptocurrency, the time it takes to arrive in your Luno portofolio will depend on several factors. Read more about confirmations and how long they take.