All first-time fiat deposits will result in a temporary (72 hour) withdrawal hold on the account.
Credit Union is only available to clients residing within Canada.
- 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.
- Credit Union can only accept deposits in Canadian Dollars. Sending any other currency will result in the funds being returned and may incur additional banking charges.
- Your bank/financial institution must be able to send and receive domestic wire transfers.
To ensure your deposit goes smoothly, we recommend that you initiate the wire transfer in person at your home branch.
The minimum deposit amount is 100 CAD, but we recommend sending at least 125 CAD in case any wire fees are applied to the deposit by intermediary banks.
Bank of Montreal (BMO) clients
On BMO's website, you may notice that 'Credit Union Atlantic' isn't available in the drop-down list for transfers. Instead, you may select "Other Credit Unions".
When asked for a routing number, please refer to the "Account Number" in the deposit instructions. It starts with the 4 digit institution number, followed by the 5 digit transit number, followed by the 8 digit account number itself.