We currently do not support GBP deposits or withdrawals. No type of UK domestic payment options are available for deposits or withdrawals to or from your Kraken account. These include, but are not limited to: Faster Payments, CHAPS, and others.
The UK is part of the SEPA zone and as such you can deposit and withdraw EUR to and from Kraken using your UK bank account. However, as a UK bank account holder, it is important that you only send SEPA transactions to us. Our bank will reject and return any incoming transactions in currencies other than EUR.
On Kraken, you can sell ETH or XBT for GBP, and vice versa. However, you cannot withdraw funds in GBP.
GBP can only be traded back and forth between ETH/GBP or XBT/GBP. Any profits from trading GBP pairs can be exchanged for a currency that can be withdrawn, such as ETH, XBT, or EUR.
See our Funding Overview page for more details on fiat currency funding.