Bank account holders of Fidor Bank AG in Germany are able to send or receive funds to and from other Fidor bank account holders within minutes.

These transfers are processed near-instantly regardless of whether they are initiated as standard SEPA transfers or via the functionality know as Freunden Geld senden (“send money to friends”).

Since Kraken holds a bank account with Fidor, Kraken clients with a Fidor bank account can benefit from this near-instant deposit option as well. Please choose the deposit method Fidor Bank AG (SEPA) when navigating to your Funding tab and selecting EUR deposit to find the relevant deposit instructions and initiate a deposit from your Fidor bank account.

Similarly, EUR SEPA withdrawals from Kraken accounts to Fidor bank accounts will be credited near-instantly. Please choose the withdrawal method SEPA when navigating to your Funding tab and selecting EUR withdrawal to initiate a near-instant withdrawal to your Fidor bank account.

During times of high volume a 2-3 hour delay in the crediting of transfers from a Fidor bank account to a Kraken account may occasionally occur. If you experience a delay of more than three hours, please contact Support.