Deposit Methods on Deriv India

At Deriv, we provide a range of payment methods to make your transactions simpler! Bank wires, debit/credit cards, ewallets and cryptocurrencies are just some of the available choices.

Credit card payments typically take one business day to be credited in your account, while debit card deposits require 24 hours processing time. If there's ever a delay, don't hesitate to reach out to customer support for assistance.

Bank wires

Bank wires are an efficient way to send large sums of money securely. They can be done online or at a physical branch location. The process is straightforward: your bank sends payment instructions directly to the recipient's bank, which then accepts and deposits the funds into their correct account. Typically, this step is completed within one business day; however, during peak times or weekends/bank holidays this may take longer.

Banks often charge a fee for using their service, which can be significant if you're wiring large sums of money. To save on that expense, select a bank that offers discounts when sending wires online or over the phone. Alternatively, ask your banker for an old-fashioned check instead!

Bank wires are the fastest way to receive funds in your account - usually within minutes! International transfers may take a few hours to clear depending on the bank, while domestic ones usually clear within an hour or two. It's no wonder why this convenient system has become so popular around the world for sending large sums of cash.

Bank wires are a major player in the bank-to-bank payment system. They offer several advantages, such as reduced fees and faster processing than paper checks. Despite its advantages, however, there can still be issues with sending large sums of cash via bank wire.

Debitcredit cards

Debit cards are a type of plastic card that enables you to make purchases without carrying cash. They're linked to your checking or savings account and can be used anywhere credit cards are accepted.

They're great for everyday purchases like lunch at the office or picking up groceries on your way home from work. Unfortunately, if you don't keep track of your spending, overdraft fees may arise. To prevent these fees, opt for overdraft consent which allows you to use your debit card when there are insufficient funds in your checking account.

Many banks charge a fee to use a debit card, so be sure to review your account's terms before using one. Some credit unions don't charge these fees and you may want to look into them.

Another drawback of debit cards is that they do not build your credit history. This is because they're linked directly to your checking account and don't affect your score. Nonetheless, you can still build a positive credit history using your debit card responsibly.

Debit cards can be used for online purchases, making them a convenient option. Unfortunately, however, these cards don't provide much fraud protection.

Cards are becoming an increasingly common phenomenon in India, with 350 million debit cards and 19 million credit cards currently in circulation - far higher numbers than the global average of 19 million. This suggests that India may be transitioning away from cash payments towards cards.

Finance minister Arun Jaitley recently unveiled several measures designed to promote cashless transactions in India. They hope that introducing debit and credit cards will help curb the flow of illicit money in the nation.

The government also plans to reduce ATM fees and institute a cap on card-to-cash conversions. This means that only a certain amount of transactions can be charged to an account each month.

Indians such as Vijendra Rawat, 42 from ICICI Bank in New Delhi, often opt to use debit cards instead of cash when making payments. It's a convenient solution for those with limited funds on hand and it saves time when making transactions.


When making a deposit, it's essential to select a payment method with an expeditious withdrawal process. This ensures the funds will reach your account promptly.

One way to accomplish this is through an ewallet. An ewallet allows you to store your debit or credit card information in a secure electronic storage device, making depositing and withdrawing money much simpler than with traditional cards.

EWallets can also be used to pay for goods and services, eliminating the need to carry cash or a credit card around. These wallets feature security measures like PIN codes and biometric scanning.

eWallets can be used on a range of devices, including smartphones and computers. Some eWallets even let you store coupons and loyalty cards, making it simple to make purchases at participating retailers.

Some of the top eWallets available in India include Paytm, Freecharge and Citrus. These wallets have revolutionized how people make purchases online by saving them time and money.

They offer a robust set of features and can be used to make payments in many countries around the world. Furthermore, they have proven to be secure and reliable when conducting online transactions.

A trustworthy eWallet should enable you to add and manage multiple bank accounts, debit cards, and credit cards. Furthermore, they should support international transactions by offering an accurate exchange rate in your currency.

Another essential feature is the capability of making contactless payments. This feature comes in handy when shopping on-the-go, since it makes payments faster and more convenient than using credit or debit cards.

Finally, an eWallet should offer secure and instant withdrawals. This is essential for any trading account, ensuring you always have access to your funds in case of an emergency.

When making a withdrawal from Deriv, the first step should be selecting the same payment method used when depositing funds earlier. This ensures you do not incur any extra fees. Once entered the amount to withdraw and confirmed/submitted the request, Deriv will have all needed information to take the funds from your account.


Cryptocurrencies are a new kind of currency that enables users to exchange value online without the need for an intermediary like a bank or payment processor. They enable fast, secure and economical value transfer.

Cryptocurrencies come in a wide variety of sizes and types, but two of the most popular are Bitcoin and Ethereum. These digital coins use blockchain technology - an online ledger of transactions that anyone can view and verify. This has been applied to improve medical research, streamline supply chains and increase internet privacy, among other things.

Most cryptocurrencies are highly volatile and fluctuate in price, which is why they're often traded for fiat (aka national) currencies on exchanges. Stablecoins attempt to stabilize these fluctuations by pegging them to either the dollar or another fiat currency.

The top cryptocurrency e-wallets offer security and encryption, low fees, and a large user base. But it's essential to pick an e-wallet that provides all the features you need in a user-friendly package.

Cryptocurrency e-wallets offer a convenient and secure way to pay for goods and services; however, it should only be used for small amounts of money in order to avoid scams. Other payment methods, such as using debit or prepaid cards, are simpler and safer alternatives.

If you're looking to take your money in a bold new direction, crypto derivatives could be worth exploring. These financial instruments use crypto assets as collateral and can be an excellent way to increase the return on your investment and diversify your portfolio.