How do I send a domestic wire transfer to Kraken from Bank of America?

Bank of America makes it easy to wire money to your Kraken account from inside your online banking or in-person at a local Bank of America location. Below are the instructions detailing how to wire money with our Dart Bank funding method.

  1. 1

    Locate our wire instructions inside your Kraken account.

    Sign in to Kraken.com. Select Deposit near the bottom of the Home screen.

    Funding_FundingpageUSD_08312021.png

    Search for USD (US Dollar) and click on it.

    Funding_SelectUSD_09012021.gif

    On the next screen, select Wire transfer, then Dart Bank (Fedwire) and the deposit instructions will appear. There is no need to add a reference number when using the account number, as it is a unique Kraken virtual account number for each client.

    Dart bank

    Review the important notes and instructions.

  2. 2

    Sign into your Bank of America online banking.

    Select the Transfer I Zelle tab until you see a menu pop up. SelectTransfer and then To/from other banks (includes wires).

    Funding_NewBOATransferMenu_031522.jpg
  3. 3

    Add Kraken as a Recipient.

    - Choose the Add Account/Recipient tab.

    - Select Domestic (U.S.) then A business account, mine or someone else’s, at another bank.

    - Using the information from your Kraken account’s deposit page (as seen in step 1), fill out the web form.

    - Select Send SafePass code and enter the code that is sent to you.

    - Click Add Account.

    Funding_BOAAddAccount_12112020.jpg
  4. 4

    To create the transfer.

    - Go to the Make Transfer tab. 

    - Select the account that you want to send from.

    - In the dropdown menu for To, select the new recipient that you just created.

    - Under Delivery Speed, choose Same business day Wire Transfer.Do not select the ACH options. The transfer will not go through, as this method is only for wire deposits.

    - Choose the Amount and Frequency.

    - Select Send SafePass code and enter the code.

    FundingAccountBalanceBoA
  5. 5

    Finalize and send the transfer.

    - Review the information and if everything is correct, click Make Transfer.

    Funding_BOATransferConfirm_240522.jpeg

At this time, our USD banking providers do not accept Zelle or ACH transfers. Only wire transfers are accepted.

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