In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

How do I send a domestic wire transfer to Kraken from Bank of America?

Last updated: April 1, 2025

Bank of America makes it easy to wire money to your Kraken account from inside your online banking or in-person at a local Bank of America location. Below are the instructions detailing how to wire money with our Dart Bank funding method.

1
Locate our wire instructions inside your Kraken account.
Sign in to Kraken.com. Select Deposit near the bottom of the Home screen.
Search for USD (US Dollar) and click on it.
On the next screen, select Wire transfer, then Dart Bank (Fedwire) and the deposit instructions will appear. There is no need to add a reference number when using the account number, as it is a unique Kraken virtual account number for each client.
Review the important notes and instructions.
2
Sign into your Bank of America online banking.
Select the Transfer I Zelle tab until you see a menu pop up. SelectTransfer and then To/from other banks (includes wires).
3
Add Kraken as a Recipient.
- Choose the Add Account/Recipient tab.
- Select Domestic (U.S.) then A business account, mine or someone else’s, at another bank.
- Using the information from your Kraken account’s deposit page (as seen in step 1), fill out the web form.
- Select Send SafePass code and enter the code that is sent to you.
- Click Add Account.
4
To create the transfer.
- Go to the Make Transfer tab.
- Select the account that you want to send from.
- In the dropdown menu for To, select the new recipient that you just created.
- Under Delivery Speed, choose Same business day Wire Transfer.Do not select the ACH options. The transfer will not go through, as this method is only for wire deposits.
- Choose the Amount and Frequency.
- Select Send SafePass code and enter the code.
5
Finalize and send the transfer.
- Review the information and if everything is correct, click Make Transfer.