Top up Cryptal Balance with Wire Transfer – Bank of Georgia

The demand for crypto assets has skyrocketed recently, largely driven by the surge in Bitcoin’s value. This rise has sparked interest in Bitcoin and other digital assets, attracting many new buyers to the market.

If you’re among them, remember that platforms like Cryptal are essential for purchasing crypto.

With Cryptal, you can easily exchange popular digital assets like Bitcoin (BTC), Ethereum (ETH), and others for fiat currencies such as GEL, USD, and EUR. To fund your fiat balance, you’ll need an internet banking solution, specifically the Bank of Georgia’s mobile banking app.

This app allows you to seamlessly make wire transfers, enabling you to top up your balance with your preferred fiat currency anytime. The process is quick, hassle-free, and ensures you can continue investing in crypto without interruptions.

In this blog, we’ll walk you through the step-by-step process of using a Bank of Georgia transfer to fund your crypto account and explore the benefits of this convenient method.

How to Top Up Balance Using Bank of Georgia’s Wire Transfer?

To make a bank transfer with any bank, ensure you’re registered and verified on Cryptal. Once your account is set up, simply follow these straightforward steps to complete the process:

From Home Page enter Wallet
Click on Top Up and choose the desired currency – TOL Lari (₾), TOL Dollar ($), or TOL Euro (€)
Choose Top Up method – Bank
Choose a Bank – BOG, TBC, or another – in our case BOG
Open the BOG App on your Mobile

Now open BOG App on your phone:

Go to Transactions
Choose Transfer to Someone
Pick the Bank of Georgia
Select Account Number
Indicate Cryptal’s IBAN and in the Description write down your Personal Number

That’s it! Your money will appear in your Cryptal balance within just one minute, allowing you to purchase your desired crypto effortlessly.

What are the benefits of using Wire Transfer via BOG?

Topping up your Cryptal balance via bank transfer with the Georgian Mobile Bank offers several key benefits, making it an excellent choice for both beginners and seasoned crypto users:

Speed - Speed is crucial in the crypto industry, where asset prices can change in an instant. With a bank transfer from the Bank of Georgia (BOG), your funds will be reflected in your Cryptal balance in under a minute.
Simplicity - If you’ve ever used the Georgian mobile bank or any Internet banking service, the process will feel completely familiar.
Replenishing your balance on Cryptal is as simple as transferring money to a friend—quick, straightforward, and hassle-free.
Diversity - Cryptal supports three primary currencies: Lari (GEL), U.S. Dollar (USD), and Euro (EUR). Once you enter these currencies on the platform, they are automatically converted into stablecoins of equal value—1 Lari becomes 1 TOL Lari, and so on.

With a simple bank transfer, you can effortlessly enter any of these three currencies into your Cryptal account.
Cheapness - In the crypto world, fees play a crucial role—lower fees mean higher profitability for you.

On Cryptal, top-ups made via bank transfer come with zero fees. The full amount you transfer through the Georgian Internet Bank will be credited to your balance without any deductions.