Bank Frick is a new SEPA funding method that has been added in addition to our existing Euro funding methods. As with all SEPA funding methods, Bank Frick only works with Euros (EUR) and allows both deposits and withdrawals.
Your Kraken account must be verified to Intermediate or Pro. Depending on the registered residence country on your Kraken account, or the country your bank is in, you may need to provide an ID confirmation photo.
To help your deposit or withdrawal go smoothly, check the following:
- Always remember to add your unique client reference when depositing.
- Your bank/financial institution has to be able to send/receive SEPA bank transfers.
- Deposits sent in any currency other than EUR will be converted to EUR, and are subject to additional banking fees.