Depositing AED (United Arab Emirates Dirham) into your OKX account using a local bank transfer is a secure and straightforward process for users based in the UAE. This guide walks you through each step, from linking your bank account to completing your first deposit, while ensuring compliance with regional regulations and platform requirements.
Whether you're accessing OKX via desktop or mobile app, the process is designed to be intuitive and fast. We’ll also cover important restrictions, common issues, and best practices to help you avoid delays or rejected transactions.
👉 Start your AED deposit securely with just a few clicks.
Understanding AED Bank Transfers on OKX
OKX supports direct fiat deposits in AED for users located in the United Arab Emirates. This service allows you to transfer funds from your UAE-based bank account directly to your OKX wallet using the IBAN system.
Please note:
- Only local UAE banks are supported.
- Transfers via third-party platforms such as Revolut, Wise, e&money, Careem Pay, Payit, Ziina, or other digital wallets are not accepted.
- You must complete identity verification before accessing fiat deposit options.
- The recipient name on the transfer must match the name registered on your OKX account.
This feature ensures fast, low-cost transfers without intermediary fees charged by OKX — though your bank may apply standard transaction charges.
Step-by-Step: How to Deposit AED via Bank Transfer
On the OKX Website
- Log in to your OKX account.
- Navigate to Assets > Deposit.
- Select AED (UAE Dirham) as your deposit currency.
- Choose Bank Transfer as the payment method.
In the OKX Mobile App
- Open the OKX app.
- Go to Deposit from the home screen.
- Tap Deposit in AED.
- Select Bank Transfer.
Once you’ve selected your preferred interface, proceed with linking your bank account.
Linking Your Bank Account
To initiate a transfer, you need to register your bank details within OKX:
- Click or tap Add Account on the deposit page.
Enter the following:
- Full account holder name (must match your OKX profile)
- Valid IBAN number
⚠️ You can link up to five different bank accounts for flexibility and backup.
After submission, OKX verifies the account information instantly. Note that some banks impose a holding period of up to 2 hours when adding a new beneficiary — so plan accordingly if urgency is required.
👉 Link your bank and make your first AED transfer today.
Completing the Deposit
Once your account is linked:
- Return to the Deposit in AED page.
- Follow the on-screen instructions displaying OKX’s beneficiary details.
- Use your registered bank channel (online banking or mobile app) to send funds to the provided IBAN.
- Ensure the transfer amount is in AED only — all other currencies will be rejected and returned.
🔐 Important: The IBAN shown is a dedicated beneficiary account tied exclusively to your OKX profile. Any deposit made to this IBAN will automatically credit your AED balance on OKX.
Always double-check:
- The beneficiary name
- The IBAN number
- The transfer currency (AED)
Mismatches may result in processing delays or rejection of funds.
Key Requirements and Restrictions
To ensure smooth transactions, adhere to these guidelines:
- ✅ Supported: Local UAE bank accounts
- ❌ Not supported: Cryptocurrency exchange platforms, international payment services (e.g., Wise, Revolut), e-wallets (e.g., Careem Pay, Ziina)
- ✅ Name matching: The name on your bank account must exactly match your verified name on OKX
- ❌ Third-party deposits: Not allowed — only self-initiated transfers from your own account
- 💸 Fees: No deposit fee from OKX; check with your bank for outgoing transfer charges
- ⏱️ Processing time: Typically instant, but may experience delays due to system maintenance or banking partner outages
- 🌍 Currency restriction: Only AED deposits accepted — foreign currency transfers will be reversed
Failure to follow these rules could lead to failed deposits or temporary account review.
Frequently Asked Questions
Why can’t I see the “Deposit in AED” option?
The availability of fiat deposit features depends on your region. If you're outside the UAE or haven't completed identity verification, this option may not appear.
Why are only certain payment methods available?
Payment options are tailored based on your verified location and regulatory framework. These restrictions ensure compliance with local financial laws.
What does “Fiat Deposit Not Available” mean?
This message indicates that fiat deposits aren’t currently supported in your country or region. For UAE residents, ensure your KYC is fully completed.
Why do I need to verify my identity before depositing?
Identity verification helps prevent fraud, comply with anti-money laundering (AML) regulations, and personalize available financial services based on your jurisdiction.
Can I deposit using someone else’s bank account?
No. All transfers must come from a bank account under your name. Third-party deposits are strictly prohibited and will be rejected.
How long does an AED bank transfer take?
Most deposits are credited instantly. However, processing times may vary slightly depending on your bank’s policies or technical disruptions.
👉 Verify your account and unlock seamless AED deposits now.
Final Tips for Successful AED Deposits
- Always use your own UAE bank account.
- Confirm name consistency across OKX and your bank records.
- Avoid using intermediary fintech apps — go directly through your bank’s official platform.
- Keep transaction receipts for reference in case of disputes.
- Monitor your deposit history regularly.
To view past transactions:
- On Web: Assets > Deposit > All Deposit History
- In App: Portfolio > Transactions > Filter by “Fiat Deposit”
By following these steps and precautions, you can enjoy a reliable and efficient way to fund your OKX trading activities in AED — setting the foundation for confident digital asset management.
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