How to deposit Canadian Dollars (CAD) using domestic bank transfers

IMPORTANT: Only send Canadian Dollars (CAD). Funds sent in any other currency (including USD) will be returned and could result in account closure.

To deposit Canadian dollars (CAD) via bank transfer to your Kraken account:

  1. Check that your account fulfills the requirements.
  2. Navigate to Funding > Deposit > Canadian Dollars (CAD).
  3. You will be shown bank account details, a deposit reference, and other instructions. Follow them carefully.
  4. Initiate a wire transfer from your bank's website (or in-branch) using the given instructions.

See the below screenshots for guidance. 


To help your deposit go smoothly, go through our deposit checklist before sending any funds.

Please be aware that CAD deposits sent via any means other than wire transfer may be subject to additional processing time or may not arrive at all.

Deviating from the wire instructions on your Kraken account is not recommended and is done so at your own discretion.

ATTENTION: For our clients who bank with the Bank of Montreal (BMO) you may notice that Credit Union Atlantic isn't available in the drop-down list available for BMO to transfer to. Alternatively, your banking representative may notice the option "Other Credit Unions", this wires as well.

When asked for a routing number, please refer to the Account Number in the wire instructions and provide the 4 digit institution number (starts with 0) as well as the 5 digit transit number (0 + XXX + YYYYY).