All first-time fiat deposits will result in a temporary (72 hour) withdrawal hold on the account.
For eligible US clients, Signature Bank provides faster way to deposit or withdraw funds. Domestic (US bank to US bank) transfers are processed via Fedwire and take 1 to 5 hours to process during US banking hours. Banking cutoff time is 3pm EST.
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.
- Your Kraken account must be verified to the Intermediate or Pro level.
- Your bank/financial institution account must be under the same legal name as your Kraken account.
- Residents of Texas, China, Hong Kong, Colombia, Russia, Turkey or the United Arab Emirates (UAE) are not eligible to use this service.
- Clients of any bank based in China, Hong Kong, United Arab Emirates (UAE), Georgia (the country), Panama, or Venezuela are not eligible to use this service.
- Clients of the Bank of China are not eligible to use this service.
How to apply?
If your Intermediate account is eligible for Signature Bank funding, no further action is required. Please ensure you follow the funding instructions on your account for timely processing.
If you have a Pro account as an Individual or Corporate client, please submit an application for the Signature Bank funding option.