Banking Circle is one of Kraken's funding providers that facilitates the processing of EUR transfers (via SEPA or SEPA-Instant) and GBP transfers (via Faster Payment Services). At this time, funding via Banking Circle is only available to clients in the United Kingdom, France, Ireland, and the Netherlands.
Banking Circle is a fully licensed Bank offering Payments services to businesses. This funding method enables us to assign personal bank account numbers to our clients for depositing funds to their Kraken account, improving their funding experience. We look forward to offering this service to clients beyond the United Kingdom and Ireland in the future.
Note: EUR and GBP SWIFT transfers as well as GBP CHAPS are currently not supported by Banking Circle.