Cash deposit options (fees, minimums and processing times)

Last updated: July 4, 2026

Krak App

Krak App offers a quick, cost-free way to move funds directly between Kraken accounts.

Withdrawal hold

For security, certain transactions such as ACH, Paypal, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold. Cash deposits via ACH Plaid are held from withdrawal for 7 days. This applies to all crypto and fiat withdrawals. Debit/credit card purchases in USD may always be subject to the 72-hour hold, not just the first transaction.

How can I deposit funds into my Krak account?

To buy or trade crypto on Krak, first deposit funds using a supported currency below. Choose your local currency to see available deposit options. The most common method is bank transfer.

Supported currencies

USD (US Dollar)

Prevent deposit delays

If required and shown in the deposit instructions, make sure your deposit includes a reference to your Krak Public account ID which starts with AA and is 16 characters long.

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time	Withdrawal Hold
USA only	ACH (Plaid)********	1 USD	Free	Near-instant	7 days
USA only	PayPal	1 USD	Processing fees*	Near-instant	72 hours
USA only	Debit card	10 USD	$0.25 + 3.75%	Near-instant
USA only**	FedWire (Dart Bank)	1 USD	Free	0-1 business days	None
Worldwide**	SWIFT (Customers Bank)	100 USD	Free	1-3 business days	None
Worldwide**	SWIFT (Bank Frick***)	4 USD	3 USD	1-5 business days	None

Deposit funds now

*PayPal fees will vary depending on your region and are displayed on the final confirmation page.

**Availability for this funding provider may be limited to specific regions, please select the purple text under the 'Deposit Method' column to view the support article for the provider and find out more details. You can also review our geographic restrictions to determine if you are able to use a Krak account.

***Fees may vary depending on the geographic location used to register your Krak account (country of residence).

****ACH deposits via Plaid are available instantly for trading, but will be subject to a seven day withdrawal hold.

EUR (Euro)

Which deposit option is the best for me? If your bank account is within the Single European Payment Area (SEPA), you may choose any of our SEPA deposit methods. For worldwide* EUR deposits, please choose one of our SWIFT deposit methods based on your preference around deposit minimums and fees.

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time	Withdrawal hold
Single European Payment Area (SEPA)	SEPA/SEPA Instant (Plaid)	1 EUR	free	0-3 business days or instant	None
SEPA	SEPA / SEPA Instant (Openpayd)	1 EUR	free	0-3 business days	None
Single European Payment Area (SEPA)	SWIFT (Bank Frick***)	1 EUR	free	0-3 business days	None
Single European Payment Area (SEPA)	SEPA/SEPA Instant (Banking Circle)	1 EUR	free	0-3 business days or instant	None
SEPA	SEPA/SEPA Instant (Ivy)	1 EUR	free	0-3 business days or instant	None
EEA	PayPal	1 EUR	Processing fees*	Near-instant	72 hours
EEA	Debit card	10 EUR	0.25 EUR + 3.75%	Near-instant
Worldwide**	SWIFT (Bank Frick***)	4 EUR	3 EUR	1-5 business days	None
Netherlands	iDeal	10 EUR	free	Near-instant	None

Deposit funds now

*PayPal fees will vary depending on your region and are displayed on the final confirmation page.

**Availability for this funding provider may be limited to specific regions, please select the purple text under the ‘Deposit Method’ column to view the support article for the provider and find out more details.

***Fees may vary depending on the geographic location used to register your Krak account (country of residence).

CAD (Canadian Dollar)

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time	Withdrawal hold
Canada only	Domestic wire transfer (Credit Union Atlantic)	100 CAD	free**	1-5 business days	None
Canada only	e-Transfer	5 CAD	free	0-1 business days or instant	None
Canada only	Debit card	10 CAD	0.25 CAD + 3.75%	Near-instant
Worldwide*	SWIFT (Bank Frick***)	4 CAD	3 CAD	1-5 business days	None
Canada only	Apaylo (Bill Pay)	1 CAD	0.25% per transaction.Max of 30 CAD per deposit	1-5 business days	None

Deposit funds now

*Availability for this funding provider may be limited to specific regions, please select the purple text under the ‘Deposit Method’ column to view the support article for the provider and find out more details.

**$13.74 fee charged by the intermediary bank.

***Fees may vary depending on the geographic location used to register your Krak account (country of residence).

AUD (Australian Dollar)

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time	Withdrawal hold
Australia only	Bank Transfer / Osko	5 AUD	free	0-2 business days. Near instant for Osko.	None
Australia only	PayPal	1 AUD	Processing fees*	Near instant	72 hours
Australia only	Real Time Gross Settlement (RTGS)**	100 AUD	33 AUD	0-1 business days	None

Deposit funds now

*PayPal fees will vary depending on your region.

**Osko deposit limits are dynamic and may vary. If you need to make larger deposits, consider using RTGS, which follows your General Account deposit limits.

GBP (Pound Sterling)

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time	Withdrawal hold
UK only	SEPA/SEPA Instant (Plaid)	1 GBP	free	0-1 business days*	None
UK (EEA upon request)	FPS (Banking Circle)	2 GBP	free	0-1 business days*	None
UK only	FPS ((Openpayd))	2 GBP	free	0-1 business days	None
UK only	PayPal	1 GBP	Processing fees**	Near-instant	72 hours
UK only	Debit card	10 GBP	0.25 GBP + 3.75%	Near-instant
Worldwide***	SWIFT (Bank Frick)	4 GBP	3 GBP	1-5 business days	None

Deposit funds now

*First time deposits may take 1-3 business days to be credited.

**PayPal fees will vary depending on your region and are displayed on the final confirmation page.

***Availability for this funding provider may be limited to specific regions, please select the purple text under the ‘Deposit Method’ column to view the support article for the provider and find out more details.

****Fees may vary depending on the geographic location used to register your Krak account (country of residence).

CHF (Swiss Franc)

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time	Withdrawal hold
Liechtenstein & Switzerland only	SWIFT (Bank Frick***)	1 CHF	free	Same day	None
Worldwide*	SWIFT (Bank Frick***)	1 CHF	0.75 CHF	1-5 business days	None

Availability

Deposit method

Deposit minimum

Deposit fee

Processing time

Withdrawal hold

Liechtenstein & Switzerland only

SWIFT (Bank Frick***)

1 CHF

free

Same day

None

Worldwide*

SWIFT (Bank Frick***)

1 CHF

0.75 CHF

1-5 business days

None

Deposit funds now

**Fees may vary depending on the geographic location used to register your Krak account (country of residence).

ARS (Argentine Peso)

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time	Withdrawal hold
Argentina only*	Bank transfer	10,000 ARS	free	Near-instant	None

*Funding methods by account type

•
Verified accounts will have full access to ARS funding.
•
Pro personal and Business accounts will support SWIFT funding only.

Accounts that support ARS will not have any alternative funding methods enabled. If you have questions or require assistance, please contact our support team for further guidance.

BRL (Brazilian real)

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time
Brazil only	Bank transfer (PIX)	50 BRL	0.3% IOF tax	Near instant

MXN (Mexican Pesos)

Availability	Deposit method	Deposit minimum	Deposit fee	Processing time
Mexico only	Bank transfer (SPEI)	150 MXN	free	Up to 20 minutes

Want to buy instantly?

If you have verified your Krak account, depending on your country of residence, you may be able to use one of the next payment methods:

Important deposit information

Prevent deposit delays

If required and shown in the deposit instructions, make sure your deposit includes a reference to your Krak Public account ID which starts with AA and is 16 characters long.

•
The currency you use for a bank transfer (deposit) to Krak, must match the currency of the deposit method. For example, if youre sending EUR, it should only go to EUR deposit methods like SEPA & SEPA Instant (Banking Circle), SEPA (Bank Frick), or EUR SWIFT (Bank Frick) for transfers from outside the SEPA area. If you send a cash transfer in the wrong currency to one of our bank accounts, the transfer may be returned and/or some additional charges may be applied.
•
Deposit fees are what it costs Krak to accept your deposit and do not include your bank's charges (if any) for sending a transfer.
•
Verified residents in Canada can deposit with cash and debit cards using our In-Person provider.
•
Please be mindful of banking holidays.
•
This information can change without notice and is not always current. Please sign in to your Krak account and navigate to the relevant funding page to see the most current information.
•
Krak does not currently support US domestic deposits via checks. Do not mail checks or deposit physical cash directly to any of our bank accounts or addresses. Any checks we receive will be destroyed.

Frequently asked questions

Why hasn't my deposit arrived yet?

Processing times are estimates only and are outside of Krak's control. Delays are possible. If your deposit does not arrive within the estimated time frame above, please follow these steps.

Are there any other fees?

Your bank may charge you fees for sending the deposit to our payments processors.

Intermediary or correspondent banks (banks between your bank and our bank that processes the transaction in transit) may also charge fees or convert the transaction to a different currency en route (if sending euros from outside of Europe, for example). These fees are on the account of the sender and the responsibility of the sending bank.

What are the deposit limits?

Deposit limits will depend on your verification level.

Why is my deposit being held?

A deposit might be held for various reasons. When a deposit is held our support team will reach out promptly with more information.

The decimal and thousands separators shown in this article may differ from the formats displayed on our trading platforms.

Still need help?

Contact support via the Krak app on your phone.

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