Crypto.com How To Add Bank Account

Banking company transfers via ACH Network are a relatively inexpensive way for U.Due south. residents to transfer funds from their banking company account into the Crypto.com App.

Which USD deposit method is all-time for you?

ACH or Wire Transfer

Please be aware of the following:

  • Funds will be returned if you transfer below or beyond the limits

  • Crypto.com Visa Cardholders do non agree an online checking or savings business relationship with Metropolitan Commercial Bank

  • Crypto.com App users cannot utilise the Crypto.com routing and account numbers for withdrawals, transfers, or bill payments

  • All outbound transfers, business relationship login, and requests for banking concern statements must be done via the Crypto.com App

Who is eligible for a USD fiat wallet?

U.Southward. users (having U.s. ID or driving license, and US phone number) who run across all of the following requirements are eligible to utilize wire transfer or ACH Directly Deposit to deposit USD into the fiat wallet:

  1. Has a Social Security Number (SSN)*

  2. Has a U.South. Residential Address (P.O boxes are not acceptable)

  3. Has a banking concern account that is located within the U.South.

*Social Security Number is required merely for creating a USD fiat wallet. Submitting your social security number to us volition not trigger a credit check. It will non be required for each deposit transaction.

How to fix my USD fiat wallet?

Users who accept previously gear up upward USD fiat wallet

USD deposits coming from ACH direct deposit will exist stored inside the same USD fiat wallet as deposits from wire transfers. Thus, you will non exist required to provide additional data.

We would yet require you to accept our terms and conditions and become through the instructions to familiarize yourself with this deposit method.

Here are the steps you would need to accept:

  1. Go to “Accounts” on the lesser navigation bar

  2. Tap on “Fiat Wallet”

  3. Tap on “US Dollars”

  4. Tap on “Set” in the ACH Transfer section

  5. Read through the instructions and Terms and Weather condition

  6. Bank check the box to agree to the Terms and Conditions and tap “Adjacent”

  7. Read through all the information required for initiating an ACH direct eolith

Users who have not set up a USD fiat wallet previously

Setting up a USD wallet is a unproblematic procedure that simply requires a few steps. We volition need the post-obit information from you and so delight have them ready:

  • Social Security Number (SSN)*

  • U.S. Residential Accost (P.O boxes are not adequate)


*Information technology will NOT trigger a credit cheque

Hither are the steps you would need to take to fix the USD fiat wallet:

  1. Become to “Accounts” on the bottom navigation bar

  2. Tap on “Fiat Wallet”

  3. Tap on “+ Set Up New Currency”

  4. Select “United states Dollars”

  5. Read through the instructions and Terms and Conditions

  6. Bank check the box to hold to the Terms and Atmospheric condition and tap “Adjacent”

  7. Submit your residential address and Social Security Number

Once our squad has reviewed your information and approved your application, you will be able to eolith USD into your fiat wallet using wire transfer and ACH directly eolith.

Information required:

  1. U.S. Residential Address (P.O boxes are not adequate)

  2. Social Security Number (SSN)**

**This will Not trigger a credit check

Once our team has reviewed your information and approved your application, you will exist able to deposit USD into your fiat wallet using wire and ACH transfer.

How to deposit USD via ACH direct deposit?

Upon successful setup of the USD Fiat Wallet, y’all will encounter an information page with all the necessary details to transfer USD from your bank account via the ACH network.

You can locate the deposit details in the following steps:

  1. Head to “Fiat Wallet”

  2. Tap on “Transfer”

  3. Tap on “Deposit”

  4. Tap on “United States Dollar”

  5. Tap on “ACH”

The required information includes:

  • Routing Number

  • Account Number

  • Account Type: Checking

  • Bank: Metropolitan Commercial Banking company

  • Bank Address: 99 Park Avenue, New York, NY 10016

Please Note:

  • Crypto.com Visa Cardholders do not hold an online checking or savings business relationship with Metropolitan Commercial Banking concern

  • Crypto.com App users cannot apply the Crypto.com routing and account numbers for withdrawals, transfers, or neb payments

  • All outbound transfers, account log in, and requests for banking company statements must exist done via the Crypto.com App

  • Only USD transfers
    from depository financial institution accounts matching your name
    will be accepted. However, salary deposits from the user’s employers are accepted (a proof from you may be requested).

Please annotation:

Crypto.com does not accept physical checks or checks from bill pay services as a payment method to purchase cryptocurrency or to transfer greenbacks into a user’s USD fiat wallet. Any such checks received by Crypto.com will be voided and destroyed.

How tin I use the funds deposited from ACH straight deposits?

Once the funds are deposited into your account (yous volition receive an in-app notification and an email).

Funds in your USD fiat wallet can be used for:

  • Purchasing crypto
    in the Crypto.com App

  • Topping upwardly your Crypto.com Visa card

To Buy Crypto

  1. Tap the Buy button on the homepage

  2. Selecting the crypto you wish to buy

  3. Choose Fiat Wallet from the options available on the screen

  4. Select USD

Top up your Crypto.com Visa card

  1. Go to the Card page

  2. Tap on Top Up

  3. Select Fiat Wallet

  4. Input the top-upward amount in USD

  5. Ostend the transaction (Rate will be held for fifteen seconds)

How to withdraw USD?

Please refer to
USD Withdrawal via ACH
for more than information.

Troubleshooting

There are a few things to call back when making a USD bank transfer to your Crypto.com App:

  1. USD: Only USD transfers will exist accustomed from a bank account on the ACH network.

  2. Your Named Account: We can but accept transfers from bank accounts opened under your own name. 3rd political party transfers (e.g. payments from your customers, friends, family, etc.) will not be accustomed. Specifically, we will non accept transfers from crypto exchanges (e.g. Kraken, Bittrex, etc.).

  3. Processing Time: Although USD bank transfers are very fast (unremarkably the same or the next twenty-four hours), please let 3-five business days for the funds to arrive at your business relationship, especially if you lot are transferring coin to your App for the first fourth dimension.

If yous do not see the funds in your App by that fourth dimension, delight email our back up at
[electronic mail protected]
or apply the in-app/website conversation (you tin find in-app conversation in the Settings department).

Common Issues:
The nigh common reasons for your transfer being on agree (i.east. not reaching your App within 3-five business days), are:

  • The name of your bank account does not fully match your name on our record.

  • You sent the funds from a joint account.

  • Your transfer was not made from a banking concern, simply from a payments processing company (e.g. PayPal, Wise, etc.).

  • Your bank transfer was non from a banking concern on the ACH network, or it came from an unsupported institution (e.yard. a crypto exchange).

  • You have deposited over the daily limit of $100,000 USD or five times per twenty-four hours

When contacting our back up, please exist ready to provide the states with
supporting documents (e.g. a banking company argument) showing your full name, the banking concern business relationship you made the transfer from, and – ideally – the transaction itself.

Source: https://help.crypto.com/en/articles/2933106-fiat-wallet-usd-bank-transfers-via-ach-network

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