First-time cash deposits
All first-time cash deposits will result in a temporary (72 hour) withdrawal hold on the account, for security purposes.
MVB Bank provides a quick option to deposit or withdraw USD funds. This method supports domestic Fedwire transfers only, which take 1-5 hours to process during US banking hours. Banking cutoff time is 4pm EST.
- Your Kraken account must be verified to the Intermediate or Pro level.
- Your Kraken account must be associated to a US (except Texas) address.
- Your bank or financial institution account must be under the same legal name as your Kraken account.
- Your bank or financial institution must be located in the United States.