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Deposit Emirati Dirham to your Rain account

Funding your Rain account is the first step to start buying and selling cryptocurrency with Rain. Making an Emirati Dirham (AED) deposit to your Rain account can be done via bank transfer from your AED bank account.

Requirements:

  1. Bank account in your own name. Before initiating a transfer, you will need to add your personal bank account details to your Rain account. For more information on how to do this click here.
    NOTE: Please make sure that your name on your Rain account matches your bank account. Transfers to your Rain account can only be from a bank account in the same name as the one you used to register.
     

  2. Rain bank account details. Note down the Rain AED bank account details, including the IBAN, before making a transfer.
    NOTE: Please make sure you are sending funds to the correct bank account. Bank transfers to an incorrect account will result in additional transfer time and fees.

Steps (Rain website):

  1. Log in to your Rain account.

  2. On the top right corner, go to Portfolio.

  3. Select your Fiat currency at the bottom of your wallets and accounts list.

  4. Select Deposit, and make sure you follow the instructions on the pop-up window.

  5. Select AED and enter the amount you would like to deposit.

  6. Select the Source bank account. Click Continue.

  7. Copy all the needed information for your bank transfer. You will also receive an Email with Deposit instructions. Complete your bank transfer then click the “I’ve made the bank transfer” button.

Deposits are auto-canceled after 30 days if not followed by a bank transfer. Click here for more information about depositing funds using Fawri and Fawri+.

NOTE: Please make sure to send the correct currency (AED) to guarantee full arrival of the funds.

Due to bank policies, it takes 1 business day for local transfers to show up in your Rain account.

NOTE: We credit the amount that arrives in our account. Rain does not take any deposit fees but there may be fees due to corresponding banks. 

 

  Steps (Rain app):

  1. Open the Rain app on your phone.

  2. Tap AED Account.

  3. Tap on Deposit & Withdraw.

  4. Tap Deposit.

  5. Enter the amount you would like to deposit using the keypad, and select the bank you will be transferring from, Then Tap See Bank Transfer Instructions.

  6. Copy all the needed information for your bank transfer. You will also receive an Email with Deposit instructions. Complete your bank transfer then Tap the “I’ve made the bank transfer” button.

  7. You will see the transfer details and the Estimated Deposit Date.

 

NOTE: Please make sure to send the correct currency (AED) to guarantee full arrival of the funds

Due to bank policies, it takes 1-4 business days for your transfer to show up in your Rain account.

 

NOTE: We credit the amount that arrives in our account. Rain does not take any deposit fees but there may be fees due to corresponding banks.

 

About Rain

Rain is a cryptocurrency platform in the Middle East, headquartered in the Kingdom of Bahrain. We are licensed and regulated by the Central Bank of Bahrain (CBB). Rain enables you to buy, sell, and store bitcoin and other cryptocurrencies, in a regulated, secure, and compliant way.

 

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