Fidor-to-Fidor near-instant deposits and withdrawals

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

These transfers are processed near-instantly regardless 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 DE, Kraken clients with a Fidor DE bank account can benefit from these near-instant deposits as well.

Similarly, EUR SEPA withdrawals from Kraken accounts to Fidor DE bank accounts will be credited near-instantly.

Unfortunately, this does not apply to Fidor UK accounts.

Note: The first deposit from a Fidor DE bank account to Kraken will have a hold on it. Wait for instructions from Kraken Support.