Kraken Adds 5 New Global Funding Options With Bank Frick

Bank Frick

We are pleased to announce we have added five new funding options through an enhanced integration with Bank Frick, a trusted, family-owned financial institution.

Available to our clients worldwide, the new funding options include international SWIFT deposits and withdrawals for USD, EUR, CAD, GBP and CHF. 

The news comes on the heels of our introduction of free USD deposit options, and furthers our goal of offering clients the widest and most robust set of funding options in the industry. 

The move also deepens our relationship with Bank Frick, currently the exclusive provider of CHF payments for Kraken.

For the other listed currencies, Bank Frick will help Kraken build payment redundancy, making it a great option for clients in need of international CAD and GBP wires as well.

You can find a full fee schedule and other details for our new offering below:

Fees

  • Deposits: 3 EUR/USD/CAD/GBP
  • Withdrawals: 1 CHF, 13 USD/CAD/GBP, 5 EUR

Processing Times

  • SWIFT Deposits: 1-5 business days
  • SWIFT Withdrawals: 1-5 business days 

Minimum and Maximum Amounts

  • Minimum deposit: 1 CHF, 4 USD/CAD/GBP, 50 EUR
  • Minimum withdrawal: 2 CHF, 14 USD/CAD/GBP, 6 EUR
  • Maximum deposit/withdrawal: Depends on individual account limits

Availability

  • Worldwide (see here for specific eligibility requirements)