Fiat currency deposit options (fees, minimums, and processing times)

Below is an overview of deposit options and their minimums, fees, and processing times.

This information can change without notice and is not always current. Please login to your Kraken account and navigate to the relevant funding page to see the most current information.

Note:

  • All options, except in-person CAD, involve some form of bank or wire transfer (no credit card!).
  • SWIFT is the most common form of international wire transfers.
  • For worldwide* options, some geographic restrictions may apply.
  • Processing times are estimates only and are outside of Kraken's control. Delays are possible. Please be mindful of banking holidays.

If your wire transfer transaction does not arrive within the estimated time frame below, click here for the steps to take. 

 

USD deposit options

Availability Deposit method/partner Deposit minimum Deposit fee Processing time
USA only ACH - Normal 20 USD 5 USD 3-5 business days
USA only FedWire - Normal 20 USD 5 USD 1-3 business days
USA only  FedWire - Etana Custody 150 USD 35 USD + 0.125% 1-3 business days
or instant
USA only  FedWire - High Limit 50,000 USD 5 USD <1 business days
(cutoff at 3pm EST)
Worldwide* SWIFT - Etana Custody 150 USD 35 USD + 0.125% 1-5 business days
or instant
Worldwide* SWIFT - High Limit 50,000 USD 5 USD 2-5 business days

 

EUR deposit options

Availability Deposit method/partner Deposit minimum Deposit fee Processing time
EU only SEPA - Fidor 1 EUR Free <1-3 business days
EU only SEPA - Etana Custody 150 EUR 35 EUR + 0.125% <1-3 business days
or instant
Estonia & Lithuania only SEPA - BlueOrange 1 EUR Free  <1-3 business days
Worldwide* SWIFT - Fidor  50 EUR 5 EUR 1-5 business days
Worldwide* SWIFT - Etana Custody 150 EUR 35 EUR + 0.125% 1-5 business days
or instant

 

CAD deposit options

Availability Deposit method/partner Deposit minimum Deposit fee Processing time
Canada only

Domestic wire transfer

 125 CAD * Free ** 1-3 business days
Canada only

In-person cash/debit - Canada Post

20 CAD 1.25 CAD + 0.25% 30-60 min
Canada only

InterFIN - High Limit

1,000 CAD Free ** 0-10 min
Worldwide*

SWIFT - Etana Custody

150 CAD 35 CAD + 0.125% 1-5 business days
or instant

* The actual minimum is 100 CAD, but we recommend sending a minimum amount of 125 CAD in case any wire fees are applied to the deposit by intermediary banks. 

** While Kraken does not charge for CAD deposits, any bank that handles CAD funds can apply fees at their discretion. Banking/wire fees of approximately 10 CAD may apply.

Fees for Canada Post in-person cash/debit

Per transaction, Canada Post charges a fee of 3.95 CAD to send the deposit and Kraken charges a fee of 1.25 CAD + 0.25% to receive the deposit.

 

GBP deposit options

Availability Deposit method/partner Deposit minimum Deposit fee Processing time
Worldwide* SWIFT - Etana Custody 150 GBP 35 GBP + 0.125% 1-5 business days
or instant

 

JPY deposit options

Availability Deposit method/partner Deposit minimum Deposit fee Processing time
Worldwide* SWIFT - Etana Custody 15,000 JPY 35 USD equivalent 
+ 0.125% (in JPY)
1-5 business days
or instant

 

Frequently Asked Questions

Why does Kraken charge deposit fees? 

The payment partners we work with charge us fees to accept fiat currencies, and those are the fees listed above.

Are there any other fees?

Your bank may charge you fees for sending the deposit to our payments partners.

Intermediary or correspondent banks (banks between your bank and our bank that processes the transaction in transit) may also charge fees or convert the transaction to a different currency en route (if sending Euros from outside of Europe, for example). These fees are on the account of the sender and the responsibility of the sending bank.

  

Important deposit information

 

Related articles