United States (US) Domestic Wire Transfer Limits

INDIVIDUAL ACCOUNTS

Limits

Daily

Monthly

Annually

Additional Requirements

Low

$25,000

$50,000

$130,000

None 
Medium $25,000 $200,000 $2,400,000 Proof of Source of Funds

High

$125,000

$500,000

$6,000,000

T4 Verified & Proof of Source of Funds


Notes:
 

  • Limits are calculated separately for Deposits & Withdrawals.
  • Monthly & Annual Limits are calculated over rolling periods (not by calendar).
  • U.S. dollar limits override Kraken fiat limits.
  • Annual limits override monthly limits and daily limits.

Proof of Source of Funds Requirement: 

Must be either an Accredited or Sophisticated Investor, outlined below.

Accredited Investor Sophisticated Investor



Proof of Income $200K annually ($300K Joint) for last 2 years OR Net Worth > $1 million

last two US taxable years

Proof of Income $250K collectively (Income must be individual for High) for last 2 years OR Net Worth > $2.5 million
 

Acceptable Individual 'Proof of Income' Documentation:

  • Tax Return
  • Letter from Bank/Accountant stating assets
  • Bank statement and/or equities statement
  • Paystub(s) showing previous two years income
  • An accountant’s letter stating a client’s real estate holdings and inheritance suffice for net worth

 

CORPORATE ACCOUNTS

Level

Daily

Monthly

Annually

1

$100,000

$500,000

$6,000,000

2

$200,000

$1,000,000

$12,000,000

3

$500,000

$2,000,000

$24,000,000

4

$500,000

$5,000,000

$60,000,000

5

$1,000,000

$15,000,000

$180,000,000

6

$1,000,000

$20,000,000

$240,000,000

7

$2,000,000

$50,000,000

$600,000,000

8

$5,000,000

$100,000,000

$1,200,000,000

9

$15,000,000

$300,000,000

$3,600,000,000

 

Limits

Additional Requirements

1

None

2-9

Proof of Net Worth > Monthly limit

3 Arbitrage or Algorithm Traders > $500k Net Worth

Acceptable Corporate 'Proof of Net Worth' Documentation:

  • Audited Financials
  • Tax Return
  • Bank or Brokerage Letter Stating Assets