Let's watch this video for a quick walkthrough on how to transfer funds from your Union Bank account to our Union Bank account using the Quick Bank Transfer (NEFT/RTGS) method.

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Follow the process below for a step-by-step guide:

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1. Select Quick Bank Transfer (RTGS/NEFT only)

• Log into your CoinDCX account, click on ‘Add Funds’ and enter the amount you want to transfer into your CoinDCX wallet. 

• Click on ‘Select Payment Method’ and choose the ‘Quick Bank Transfer’ option.

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2. Add Beneficiary Details 

• You will be provided with unique bank details to which you need to transfer the funds. 

• Add this unique bank details as a beneficiary via the Union Internet Banking website. This is a one-time process only.

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2.1. Add Beneficiary details via the Union Bank website only 

• Log into your Union Bank account via Internet Banking. 

• Click on the “Transaction” tab. Select the “Beneficiary Management” section, click on “Add VAN Beneficiary”.

• Enter the unique beneficiary details provided on CoinDCX App. Enter exact values shown on CoinDCX app like A/C number, IFSC, Beneficiary name.

• Enter your “Transaction Password” and provide the “One Time Password” received on your registered mobile number.

• Click on “Submit”, wait for approximately 30 minutes for the beneficiary details to get added.

• Do not use the Union Banking mobile/tablet app to add a beneficiary, as it is not supported for this A/C.

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3. Transfer Funds To Beneficiary (CoinDCX)

• Once a beneficiary is added, initiate fund transfer via RTGS/NEFT mode, directly from your Union Bank which is registered with CoinDCX. 

• When it is successfully completed at the bank’s end, confirm your payment on CoinDCX App by clicking on the “I Have Paid” button.

• Your funds will reflect in your CoinDCX wallet within 15-30 minutes (RTGS) and 60 mins-24 hrs (NEFT) as per banking standards.

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