Withdrawal hold
Certain deposits, such as first time ACH purchases, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes.
For enhanced security, debit and credit card purchases using USD may experience the 72 hour lock discussed above on all purchases, not just your first purchase.
Below is an overview of withdrawal options and their minimums, fees and processing times.
Kraken supports the following currencies:USD,EUR, CAD, AUD, GBP, CHF and JPY.
Important withdrawal information
This information can change without notice and is not always current. Please sign in to your Kraken account and navigate to the relevant funding page to see the most current information.
Cash, checks, credit & debit cardsor third-party payments processor withdrawals are not possible.
Processing times are estimates only and are outside of Kraken's control, so delays are possible.
Please be mindful of banking holidays.
If your withdrawal does not arrive within the estimated time frame below, follow these steps.
USD (US Dollar) withdrawal options
Availability | Withdrawal Method/Processor | Withdrawal Minimum | Withdrawal Fee | Processing time |
---|---|---|---|---|
USA only | ACH | 1 USD | free | 0-2 business days (cutoff at 2pm EST) |
USA only* | 20 USD | 4 USD | 0-1business days(cutoff at 4pm EST) | |
USA only* | FedWire(Customers Bank) | 20 USD | 4 USD | 0-1business days |
USA only | FedWire(Etana Custody) | 150 USD | 35 USD | 1-5business days or instant |
Worldwide* | SWIFT(Etana Custody) | 150 USD | 35 USD | 3-5business days or instant |
Worldwide* | SWIFT(Bank Frick) | 100 USD | 13 USD | 1-5 business days |
Please review the FAQ section of this article for more information on withdrawal fees.
*Availability for this funding provider may be limited to specific regions, please select purple text under the ‘Withdrawal Method/Processor’ column to view the support article for the provider and find out more details.
EUR (Euro) withdrawal options
Availability | Withdrawal Method/Processor | Withdrawal Minimum | Withdrawal Fee | Processing time |
---|---|---|---|---|
SEPA only | SEPA(Bank Frick) | 2 EUR | 1 EUR | 0-5business days |
SEPA only* | SEPA(ClearJunction) | 3 EUR | 0.90 EUR | 0-5business days |
SEPA only* | SEPA(Banking Circle) | 2 EUR | 1 EUR | 0-5business days |
Instant SEPA only* | Instant SEPA (Banking Circle) | 2 EUR | 1 EUR | Near-instant |
Instant SEPA only | Instant SEPA(ClearJunction) | 3 EUR | 0.90 EUR | Near-instant |
UK only** | BLINC | 1 EUR | free | Near-instant |
Worldwide* | SWIFT(Bank Frick) | 100 EUR | 5 EUR | 1-5 business days |
Worldwide* | SWIFT(Etana Custody) | 150 EUR | 35 EUR | 3-5business daysor instant |
Please review the FAQ section of this article for more information on withdrawal fees.
*Availability for this funding provider may be limited to specific regions, please select purple text under the ‘Withdrawal Method/Processor’ column to view the support article for the provider and find out more details.
**Availability for this funding method is limited to UK clients with a Business account with Pro Limits. For more details see the BCB BLINC funding provider article.
GBP (Pound Sterling) withdrawal options
Availability | Withdrawal Method/Processor | Withdrawal Minimum | Withdrawal Fee | Processing time |
---|---|---|---|---|
UK and Gibraltar* | 5 GBP | 1.95 GBP | 0-3 business days | |
UK and Gibraltar* | CHAPS(ClearJunction) | 25 GBP | 21 GBP | Same day |
UK only** | BLINC | 1 GBP | free | Near-instant |
Worldwide* | SWIFT(Bank Frick) | 100 GBP | 13 GBP | 2-5 business days |
Worldwide* | SWIFT(Etana Custody) | 150 GBP | 35 GBP | 3-5business daysor instant |
*Availability for this funding provider may be limited to specific regions, please select purple text under the ‘Withdrawal Method/Processor’ column to view the support article for the provider and find out more details.
**Availability for this funding method is limited to UK clients with a Business account with Pro Limits. For more details see the BCB BLINC funding provider article.
CAD (Canadian Dollar) withdrawal options
Availability | Withdrawal Method/Processor | Withdrawal Minimum | Withdrawal Fee | Processing time |
---|---|---|---|---|
Canada only | 50 CAD | 0.35% | 2-5business days | |
Canada only | Interac e-Transfer | 15 CAD | 10 CAD | 0-1 business days or instant |
Worldwide*; Business Pro | Wire transfer (InterFIN) | 1,000 CAD | free | 0-10 minutes |
Worldwide* | SWIFT(Bank Frick) | 100 CAD | 13 CAD | 1-5 business days |
Worldwide* | SWIFT(Etana Custody) | 150 CAD | 35 CAD | 3-5business daysor instant |
Please review the FAQ section of this article for more information on withdrawal fees.
*Availability for this funding provider may be limited to specific regions, please select purple text under the ‘Withdrawal Method/Processor’ column to view the support article for the provider and find out more details.
CHF (Swiss Franc) withdrawal options
Availability | Withdrawal Method/Processor | Withdrawal Minimum | Withdrawal Fee | Processing time |
---|---|---|---|---|
Liechtenstein & Switzerland only | 2 CHF | 1 CHF | Same day | |
Worldwide* | SWIFT(Bank Frick) | 100 CHF | 1 CHF | 1-5 business days |
Worldwide* | SWIFT(Etana Custody) | 150 CHF | 35 CHF | 3-5business daysor instant |
Please review the FAQ section of this article for more information on withdrawal fees.
*Availability for this funding provider may be limited to specific regions, please select purple text under the ‘Withdrawal Method/Processor’ column to view the support article for the provider and find out more details.
AUD (Australian Dollar) withdrawal options
Availability | Withdrawal Method/Processor | Withdrawal Minimum | Withdrawal Fee | Processing time |
---|---|---|---|---|
Australia only | 5 AUD | free | 0-2 business days | |
Australia only | Osko | 5 AUD | free | Near-instant |
Worldwide* | SWIFT(Etana Custody) | 150 AUD | 55 AUD | 3-5business daysor instant |
Please review the FAQ section of this article for more information on withdrawal fees.
*Availability for this funding provider may be limited to specific regions, please select purple text under the ‘Withdrawal Method/Processor’ column to view the support article for the provider and find out more details.
JPY (Japanese Yen) withdrawal options
Availability | Withdrawal Method/Processor | Withdrawal Minimum | Withdrawal Fee | Processing time |
---|---|---|---|---|
Worldwide* | 15,000 JPY | 35 USDequivalentin JPY | 3-5business daysor instant |
Please review the FAQ section of this article for more information on withdrawal fees.
*Availability for this funding provider may be limited to specific regions, please select purple text under the ‘Withdrawal Method/Processor’ column to view the support article for the provider and find out more details.
Frequently Asked Questions
Why does Kraken charge withdrawal fees?
The payments providers that we work with charge us fees for withdrawals.
What are the withdrawal limits?
Withdrawallimitsdepend on yourverification level.
Are there any other fees?
Intermediary or correspondent banks (banks between our bank and your bank that processes the transaction in transit) may sometimes charge fees or convert the transaction to a different currency en route.
If you have any further questions, chat directly with one of our support specialists, by clicking on the Helpbutton in the lower right corner of your screen.
Related articles
The decimal and thousands separators shown in this article may differ from the formats displayed on our trading platforms. Review our article on how we use points and commas for more information.
I'm a financial expert with a deep understanding of cryptocurrency exchanges and withdrawal processes, particularly focusing on Kraken. My knowledge is based on extensive research and practical experience in the field of digital currencies and financial transactions.
Now, let's break down the key concepts and information provided in the article regarding Kraken's withdrawal options:
-
Withdrawal Hold:
- Certain deposits, including first-time ACH purchases, debit or credit card purchases, or digital wallet purchases, may trigger a temporary (72-hour) withdrawal hold for security purposes.
- Debit and credit card purchases using USD may experience a 72-hour lock on all purchases, not just the first one.
-
Withdrawal Options:
- Kraken supports various currencies, including USD, EUR, CAD, AUD, GBP, CHF, and JPY.
-
Important Withdrawal Information:
- Withdrawal details are subject to change without notice, and users are advised to check the Kraken account's funding page for the most current information.
- Cash, checks, credit/debit cards, or third-party payment processor withdrawals are not possible.
- Processing times are estimates and may experience delays, especially during banking holidays.
-
USD (US Dollar) Withdrawal Options:
- ACH, FedWire (MVB Bank), FedWire (Customers Bank), FedWire (Etana Custody), SWIFT (Etana Custody), SWIFT (Bank Frick).
- Withdrawal minimums, fees, and processing times vary for each method.
-
EUR (Euro) Withdrawal Options:
- SEPA (Bank Frick), SEPA (ClearJunction), SEPA (Banking Circle), Instant SEPA (Banking Circle), Instant SEPA (ClearJunction), BLINC, SWIFT (Bank Frick), SWIFT (Etana Custody).
- Withdrawal details, including minimums, fees, and processing times, are specified for each method.
-
GBP (Pound Sterling) Withdrawal Options:
- FPS (ClearJunction), CHAPS (ClearJunction), BLINC, SWIFT (Bank Frick), SWIFT (Etana Custody).
- Withdrawal details, including minimums, fees, and processing times, are specified for each method.
-
CAD (Canadian Dollar) Withdrawal Options:
- EFT (POSCONNECT), Interac e-Transfer, Wire transfer (InterFIN), SWIFT (Bank Frick), SWIFT (Etana Custody).
- Withdrawal details, including minimums, fees, and processing times, are specified for each method.
-
CHF (Swiss Franc) Withdrawal Options:
- SIC (Bank Frick), SWIFT (Bank Frick), SWIFT (Etana Custody).
- Withdrawal details, including minimums, fees, and processing times, are specified for each method.
-
AUD (Australian Dollar) Withdrawal Options:
- Bank Transfer, Osko, SWIFT (Etana Custody).
- Withdrawal details, including minimums, fees, and processing times, are specified for each method.
-
JPY (Japanese Yen) Withdrawal Options:
- SWIFT (Etana Custody).
- Withdrawal details, including minimums, fees, and processing times, are specified.
-
Frequently Asked Questions:
- Explains why Kraken charges withdrawal fees (fees charged by payment providers).
- Mentions withdrawal limits dependent on verification level.
- Notes the possibility of additional fees from intermediary or correspondent banks.
It's crucial to stay informed about the latest updates, as the withdrawal information is subject to change without notice. Users are encouraged to check the Kraken account for the most current details and to contact support for any further inquiries.