Kraken is pleased to offer new international wire options to fund accounts with US dollars (USD), British pounds (GBP), and euros (EUR). Deposit details Withdrawal details How do I make a deposit? Navigate to Funding > Deposit > USD/GBP/EUR in your account, select the available “SWIFT” payment option, and follow the given instructions. Note that your account must be verified to Tier 3 or 4 to deposit via this method. To help ensure a smooth transaction: a) Inquire with your bank about which correspondent bank would be best to specify for the transfer; and b) tell your bank that there should be no currency conversion – funds should arrive exactly how they are sent as USD, GBP or EUR. How do I make a withdrawal? Navigate to Funding > Withdrawal > USD/GBP/EUR in your account, select the available “SWIFT” payment option, and follow the given instructions. Clients in SEPA countries Clients in SEPA countries should continue to use SEPA for EUR payments since this is the fastest and most cost effective option in these countries. However, the new funding options are good for clients in these countries wishing to fund in USD or GBP. Like Loading...
Bitcoin exchange Kraken has added US dollars, British pounds and the euro to its international wire options for funding accounts, effective immediately. The move comes as a result of an order from the Financial Crimes Enforcement Network (FinCEN), which is responsible for tracking money laundering in the United States.