5 min read 

When it comes to payment methods, IQ Option has a lot to offer. In addition to all other methods, there is also an option to refill your account through the means of a local bank transfer. For those of you residing in Thailand, Indonesia, Malaysia, Laos, Philippines and Vietnam a local bank transfer can be a great option, as it lets you deposit in your national currency and use the bank of your choice.

In order to make a deposit with your local bank, go to the IQ Option website and click on ‘Deposit’ in the right side of your screen.

Choose a necessary amount (you could use the proposed amounts or enter your own), currency and a preferred local bank. Please note that you’ll be offered only those banks relevant for your country. Here is a full list of banks available for payment on January 2019:

Thailand – Bangkok Bank, Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, Bank of Ayudhya (Krungsri), Government Savings Bank, TMB Bank.

Indonesia – Bank Central Asia, Bank Negara Indonesia, Bank Rakyat Indonesia, CIMB Niaga, Bank Mandiri.

Vietnam – Vietcombank, Asia Commercial Bank, Bank for Investment and Development of Vietnam, Techcombank, Vietin Bank, Sacombank, Donga Bank, Eximbank.

Laos – Bangkok Bank, Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, Bank of Ayudhya (Krungsri), Government Savings Bank, TMB Bank.

Philippines – Banco De Oro, MetroBank.

Please, take into consideration the minimum/maximum limits for a transaction amount could be established. See the table below.

MinimumMaximum
IndonesiaGBP1510 000
RUB900850 000
USD1513 000
IDR200 000200 000 000
EUR1511 000
MalaysiaGBP109 100
USD1512 000
MYR5050 000
EUR1510 000
LaosGBP1511 000
USD2015 000
THB500500 000
EUR1513 000
ThailandGBP1511 000
USD2015 000
THB500500 000
EUR1513 000
VietnamGBP1510 100
RUB900850 000
USD1513 000
VND300 000300 000 000
EUR1511 000
PhilippinesGBP109100
RUB1 000790 000
PHP800635 000
USD1512 000
EUR1510 000

Finally, click on ‘Go to payment’.

You’ll be redirected to a payment gateway of a chosen bank. Please, input necessary credentials and click on ‘Continue’.

Please choose a bank account for transaction, if necessary, and input an OTP (one time password) code received on your phone.

After the OTP code is verified by the system, your deposit has been successfully processed.

And you are good to go.

You could also deposit necessary funds in your trading room. Just click on the green button in the right upper corner of the trading room.

How to deposit with your local bank using IQ Option mobile application (both Android and iOS).

In order to make a deposit with your local bank, open IQ Option mobile application on your phone and enter your login and password.

Press on the “+DEPOSIT” butoon in the right upper corner.

Choose a local bank.

Choose the amount (you could use the proposed amounts or enter your own) and a currency. Please, take into consideration the minimum/maximum limits for a transaction amount could be established. Click on the “DEPOSIT” button.

You will be redirected to a payment gateway of a chosen bank. Please, input necessary credentials and click on ‘Continue’.

Please, choose a bank account for transaction, if necessary.

Input an OTP (one time password) code received on your phone.

After the OTP code is verified by the system, your deposit has been successfully processed.

And that’s it!

Deposit now