Transfers using BCB Group BLINC Network

BLINC is BCB Group’s proprietary instant payment network, enabling institutional clients to transfer funds instantly and securely, 24/7. BLINC facilitates real-time settlement in multiple currencies, enhancing liquidity management and market responsiveness.

BLINC is available only to institutional clients who have been onboarded with Bullish (GI) Limited or Bullish Europe GmbH. To use BLINC, clients must have an account directly with BCB.

Clients should contact their relationship managers to request BLINC activation. Once approved, clients must submit a connection request using Bullish’s BLINC ID on the BCB portal.

Clients must enter their 9-digit Bullish deposit memo in the Reference field, ensuring no additional characters or spaces are included. An incorrect or missing memo will result in delays in crediting funds.

See example screenshot below taken from the BCB UI:

The deposit memo reference is the same unique 9-character memo used for all bank transfers and crypto asset types. Clients can locate it by following these steps:

1. Go to the left-hand navigation and choose Portfolio.

2. Choose the Deposit button at the top right side of the screen.

3. Choose EUR.

4. Read the instructions in the pop-up window and click I Understand.

5. The deposit memo can be found on the instruction page.

Before initiating a withdrawal through BLINC, you must first deposit to Bullish using BLINC and then enable your BLINC account for withdrawals on the Bullish portal. This action only needs to be completed once.

Prior to making an initial withdrawal, you need to enable withdrawals for your accounts. You only need to perform this action once.

To enable withdrawals to your bank account:

1. Go to the left-hand navigation and choose Settings.

2. Choose Bank Accounts.

3. Choose the BLINC account from the list.

4. Choose Enable Withdrawals.

5. Use your two-factor authenticator (passkey or TOTP authentication) to authorize the action.

1. Go to the left-hand navigation and choose Portfolio.

2. Choose the Withdraw button at the top right side of the screen.

3. Choose EUR.

4. Select Destination with your BLINC details.

5. Enter the amount

6. Choose Review.

7. Choose Confirm, if the information is correct. Otherwise, choose Go Back and edit the information.

8. Use your two-factor authenticator (passkey or TOTP authentication) to authorize the action.

There is no Bullish imposed minimum or maximum transaction size other than the standard withdrawal limit applied to the clients account.

There are no fees for transfers made via BLINC.

Bullish currently supports only EUR for BLINC deposits and withdrawals.