Withdrawal hold
Certain deposits, such as first time ACH purchases, credit or debit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes.
For eligible US clients, Signature Bank provides a faster way to deposit or withdraw funds. Domestic (US bank to US bank) transfers are processed via Fedwire and take 1-5 hours to process during US banking hours. Banking cutoff time is 3pm EST.
For eligible US clients:
- Your Kraken account must be verified to the Express, Intermediate or Pro level.
- Your bank/financial institution account must be under the same legal name as your Kraken account.
- Your Kraken account must be associated to a US (except Texas) address.
- Your bank or financial institution must be located in the United States.
For eligible International clients, Signature Bank provides an alternative to US-only USD funding options. International transfers are processed via SWIFT and may require more time to settle.
Requirements for eligible International clients:
- International clients can only send funds via SWIFT.
- Your Kraken account must be verified to the Express, Intermediate or Pro level.
- Your bank/financial institution account must be under the same legal name as your Kraken account.
- Residents of the following states and countries are not eligible to use this service:
Texas, Afghanistan, Albania, Argentina, Belarus, Belize, Benin, Bolivia, Bosnia And Herzegovina, Botswana, Brazil, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic, Chad, Colombia, Comoros, Congo (Brazzaville), Congo (Democratic Republic), Croatia, Curacao, Cyprus, Dominican Republic, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Fiji, Gabon, Gambia, Ghana, Guatemala, Guinea, Guinea-Bissau, Haiti, Honduras, Indonesia, Iraq, Kenya, Kosovo, Kuwait, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Macao SAR (China), Macedonia, Madagascar, Maldives, Mali, Marshall Islands, Mauritania, Mexico, Mongolia, Montenegro, Mozambique, Myanmar (Burma), Namibia, Nepal, Nicaragua, Niger, Nigeria, Pakistan, Palestine, Panama, Papua New Guinea, Paraguay, Philippines, Qatar, Russia, Rwanda, Sao Tome And Principe, Saudi Arabia, Serbia, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Suriname, Swaziland, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad And Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, and Zimbabwe.
If you have a Pro account as an Individual or Corporate client, please submit an application for the Signature Bank funding option.
- How to deposit to your Kraken account
- How do I send a domestic wire transfer to Kraken from:
- Bank deposit requirements and checklist