Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

How do I send a domestic wire transfer to Kraken from Citibank?

Last updated: April 1, 2025

Below are instructions on how to wire from your Citibank account using online banking or in-person at a local Citibank location to your Kraken account using the Dart Bank funding method.

If your deposit is showing as on hold in your Kraken account or if it has been more than two business days after sending your wire and you have not seen the deposit show up in your Kraken account please open a ticket with our funding team with the amount and transaction details so that we can help.

View step-by-step transfer instructions

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 CitiBank online banking system.
Open the Payments & Transfers menu.
- Then choose Any External Account.
3
Add Kraken as a recipient
- Under Transfer to Others, select Add a new payee or Add Person.
- Select the radio button for A business.
- Enter the Business Name (from step 1) and Nickname (of your choosing).
- Choose the Bank Location United States.
- Under Send Options select Electronic Transfer.
- Under Send Money in the US section enter the routing and account numbers (from step 1).
- Check that all the information is correct and check the box Yes, it is correct. Then click the Add button.
4
Create the transfer
- Select the Pay Now button.
- Confirm the account you are paying from and the amount.
- Confirm the send date.
- Select Next and confirm the transfer.
After setting up and sending the initial wire transfer you will be able to initiate a wire more easily in the future by:
- Selecting from the top menu, Payments & Transfers > Any External Accounts.
- Select the nickname you used under Transfer to Others.
- Input the amount confirm the information and select Next.

You can request assistance in enrolling in Citibank® Online or setting up an online wire transfer by contacting CitiPhone Banking®, available 24 hours a day, 7 days a week.

At this time, our USD banking providers do not accept Zelle or ACH transfers. Only wire transfers are accepted.