How to buy Bitcoin with Santander Bank
As outlined above, the best way to buy and sell cryptocurrencies with Santander online banking is with a regulated crypto broker like Uphold. They are the world's largest multi-asset broker that offers a wide variety of deposit methods from Santander Bank which include bank transfers, debit card deposits, credit card deposits, Apple Pay and Google Pay. Follow the below steps to get started.
- Create a free account on Uphold with your email and complete the verification requirements.
- Connect your Santander Bank account or card to Uphold by selecting the 'USD' button on your dashboard.
- You can then select the 'connect bank' button to link your Santander account to Uphold.
- Find the cryptocurrency you want to buy and execute your trade.
What is Santander Banks Crypto Policy
Santander Bank is an overall crypto-friendly financial institution that allows its customers to buy and sell digital assets through regulated brokers. Based on our review of their banking policies, they don't have anything stated in their terms and conditions that would prohibit a customer from investing in the digital assets through a licensed broker.
The bank is, however, clear that it does not endorse any specific digital assets or investment strategies and customers should perform their own due diligence before investing. Overall, Santander Bank appears to be supportive of the crypto industry and its customers interested in buying or selling digital assets.
About Santander Bank
Santander Bank, N.A. is a wholly owned subsidiary of Spanish multinational Banco Santander, S.A. As of December 31, 2022, Santander Bank operated as the fifteenth largest commercial bank in the United States with $77.81 billion in assets. The bank operates its U.S. operations through two main subsidiaries: Santander Consumer USA Holdings Inc. and Banco Santander International.
Santander Bank offers a wide range of banking products and services for both consumers and businesses, including checking and savings accounts, loans and credit cards, as well as more specialised products such as foreign exchange services, international trade financing, and wealth management. The bank also provides a number of digital banking solutions, including online and mobile banking platforms.
Santander Bank has over 700 branches across the Northeastern United States, with a particular focus on the states of Massachusetts, New York, Pennsylvania, and New Jersey. The bank also operates nearly 2,000 ATM machines throughout its branch network. In 2015, Santander Bank was ranked as one of the "World's 50 Safest Banks" by Forbes Magazine.