All first-time cash deposits will result in a temporary (72 hour) withdrawal hold on the account.

Signet is a digital payments platform running on the Signature Bank network, allowing for fast and free USD transfers between Signet account holders. Kraken is part of the network, providing near-instant funding for our eligible clients.

Requirements

• Your Kraken account must be verified to the Pro Business level.
• You must have a Signet account open with Signature Bank.
• Your Signet account must be under the same legal name as your Kraken account.
• In addition to OFAC-limited jurisdictions, 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.

How to apply?

If you have a Signet account open with Signature Bank, apply here and our team will reach out with further information.

If you do not have a Signet account opened yet and are interested in learning more, please contact Signature Bank here for more information.

Funding options

For additional information on funding providers, fees, minimums and processing times, see our deposit options and withdrawal options for more details.

Deposit and withdrawal instructions

Once approved, you will see instructions on your account under the Funding page for how to deposit and withdraw via Signet.

For step-by-step instructions, see: how to deposit to your Kraken account and how to withdraw to your bank account.