Before you deposit
KYC verification is required before making a deposit. Deposits are not available until your account has been successfully verified. To complete verification, see How to verify your Weltrade account (KYC).
Unlike withdrawals, deposits only require KYC verification - no address verification or Payment Profile is needed.
Available deposit methods
Payment method: Online Banking
Available banks: Absa Pay, CaritecPay, Bidvest Bank Grow, FNB, Standard Bank, Investec, African Bank, Tyme Bank, Nedbank
Commission: No commission
Minimum deposit: 10 USD / 10 EUR
Maximum deposit: 3,000 USD / 2,500 EUR
Processing time: Instant
Availability: South Africa only
How to make a deposit — step by step guide
Step 1. Log in to your Weltrade Profile. Go to Weltrade website and log in to your Personal Profile.
Step 2. Open Deposit section. In the top menu, click Finance, then select Deposit tab.
Step 3. Select your bank. Choose your bank from the list.
Step 4. Enter the deposit amount. Select your trading account, enter the deposit amount, and click Confirm.
Step 5. Complete the payment You will be redirected to the Online Banking payment page or your bank app. Log in to your bank and follow the on-screen instructions to authorise the payment.
Step 6. Check your transaction Once completed, verify the deposit in your Operations History.
⚠️ Important information
Deposits are only available for KYC-verified accounts. If your account has not passed KYC verification, the deposit section will not be accessible.
Bank account must be registered in your name. Third-party deposits are not allowed.
💡 Why your deposit may be rejected: Online Banking automatically matches the bank account owner against the document number submitted during your KYC verification. If there is a mismatch, the payment will be declined automatically.
Frequently asked questions (FAQs)
Which banks are supported for deposits in South Africa?
Which banks are supported for deposits in South Africa?
Absa Pay, CaritecPay, Bidvest Bank Grow, FNB, Standard Bank, Investec, African Bank, Tyme Bank, Nedbank.
Is there a commission for deposits?
Is there a commission for deposits?
No. Weltrade does not charge any commission for deposits via Online Banking in South Africa.
How long does it take for the deposit to appear in my account?
How long does it take for the deposit to appear in my account?
Online Banking deposits are processed instantly. If the funds have not appeared after completing the payment, check your Transaction History.
Why was my deposit rejected?
Why was my deposit rejected?
The most common reason is a name mismatch between your bank account owner name and your Weltrade account name. Online Banking automatically checks this against the document number from your KYC verification. Make sure you are depositing from a bank account registered in your own name.
Why is the deposit option not available in my account?
Why is the deposit option not available in my account?
Deposits are only available for KYC-verified accounts. See How to verify your Weltrade account (KYC).
My deposit option is not available even though my account is verified. What should I do?
My deposit option is not available even though my account is verified. What should I do?
In some cases, deposits via Online Banking may not be available due to a document number issue during verification. Contact Weltrade Customer Support to resolve this.
Can I deposit from someone else's bank account?
Can I deposit from someone else's bank account?
No. Third-party deposits are not allowed. The bank account must be registered in your name.
I completed the payment but the funds have not appeared. What should I do?
I completed the payment but the funds have not appeared. What should I do?
Check your transaction status in Transaction History. If the funds have not appeared within a reasonable time, contact Weltrade Customer Support.