How To Set Up Fiat Wallet On Crypto.com

Wire transfer* enables United states of america residents to deposit a greater amount of USD into their fiat wallet on the Crypto.com App.

*Wire transfer fee on USD deposits will be paid by Crypto.com, notwithstanding, additional processing fee may be applied by your bank. Please check with your bank prior to the transfer.

Which USD deposit method is all-time for you?

ACH or Wire Transfer

Please notation that funds volition be returned if you transfer below or beyond the limits

Who is eligible for a USD fiat wallet?

U.S. users who meet all of the post-obit requirements is eligible to use wire transfer or ACH Direct Deposit to deposit USD into the fiat wallet:

  1. Has a Social Security Number (SSN)*

  2. Has a U.S. Residential Address (P.O box are not adequate)

  3. Has a depository financial institution account that is located within the U.South.

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

How to prepare upwardly my USD fiat wallet?

Users who take previously ready USD fiat wallet

USD deposits coming from wire transfers volition be stored within the same USD wallet as deposits from ACH Direct Deposit. Thus, you will non exist required to provide additional information.

We would still require you to accept our terms and atmospheric condition and go through the instructions to familiarize yourself with this deposit method.

Here are the steps yous would need to accept:

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

  2. Tap on “Fiat Wallet”

  3. Tap on “US Dollars”

  4. Tap on “Set up” in the Wire Transfer section

  5. Read through the instructions and Terms and Conditions

  6. Check the box to hold to the Terms and Weather condition and tap “Side by side”

  7. Read through all the information required for initiating a wire transfer

Users who have not prepare USD fiat wallet previously

Setting up a USD wallet is a simple process that only requires a few steps. We volition need the following data from you lot and then please have them prepare:

  • Social Security Number (SSN)*

  • U.Due south. Residential Address (P.O box are not adequate)

Here are the steps yous would need to take to gear up upward the USD wallet:

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

  2. Tap on “Fiat Wallet”

  3. Tap on “+ Set up New Currency”

  4. Select “US Dollars”

  5. Read through the instructions and Terms and Conditions

  6. Bank check the box to agree to the Terms and Weather condition and tap “Next”

  7. Submit your residential accost and Social Security Number

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

How do I eolith USD using a wire transfer?

Once your USD fiat wallet application has been approved, you tin deposit US dollars into your fiat wallet using your bank’s portal. Before you make a deposit, please accept notation of the post-obit instructions:

  • Only wire transfers initiated from your bank account are accepted. Greenbacks and cheque deposits are not accustomed.

  • Only funds transferred from U.S. bank accounts are accepted. Funds transferred from non-U.S. bank accounts volition be rejected.

  • Ensure yous have included the correct
    unique code
    in the wire transfer reference. Incorrect or missing unique code will issue in delayed admission to funds or a return of funds to the sending banking concern account. Please do non add any additional text or characters in the reference field when entering the unique lawmaking, otherwise, the deposit volition neglect and it will be returned.

  • The banking concern business relationship holder name of the originating banking company account must match with the name in the Crypto.com app. Mismatch in names may event in a deposit rejection.

  • Third-party deposits are not accustomed via wire transfer.

Yous can locate the deposit details in the post-obit steps:

  1. Head to “Fiat Wallet”

  2. Tap on “Transfer”

  3. Tap on “Deposit”

  4. Tap on “United States Dollar”

  5. Tap on “Wire Transfer”

In one case you take initiated a wire transfer from your bank’s portal, it takes gauge 1-two business days to credit your crypto.com fiat wallet if you provided all information correctly – otherwise, it could take upward to 7 days to identify your account. If your account is not identified within 7 days, nosotros will render the funds to the sending bank account.

Please notation:

Crypto.com does not take concrete checks or checks from beak pay services as a payment method to purchase cryptocurrency or to transfer greenbacks into a user’south USD fiat wallet. Whatever such checks received by Crypto.com will be voided and destroyed.

Eolith Details

When making a wire transfer, it is essential that you enter the correct information into the transfer instructions in your banking concern account’due south portal. The following information is required for the transfer to execute correctly (please refer to the in-app deposit details for the latest info):

*This unique reference code tin can be found within the app and is required for your deposit to post to your account.


**Metropolitan Commercial Depository financial institution – Exercise not contact for wire issues, contact Crypto.com. Encounter the Troubleshooting department beneath.”

Troubleshooting

There are a few things you need to recall when making a USD deposit via wire transfer:

  1. Transfers generally take 1-2 business organization days to process. If you don’t encounter your funds within this fourth dimension flow, delight contact our customer support immediately at
    [electronic mail protected]
    with the date and fourth dimension yous sent the wire, the names on the bank business relationship where the wire originated, the routing and account number where you wired the funds, the unique code y’all included in the wire and the amount of the wire.

  2. Funds can just be transferred from a U.S.-based bank business relationship. Non-USD funds or funds coming from a non-U.Southward.-based bank account will be returned by the depository financial institution.

  3. No third-party deposits are permitted using wire transfers. The proper noun of the bank account holder must match the registered name on crypto.com’s App.

  4. Greenbacks and check wire deposits are not accepted.

When contacting our support, please exist ready to provide usa with
supporting documents (e.g. a bank statement) showing your total name, the banking concern account you fabricated the transfer from, and – ideally – the transaction itself.

How tin I use the funds deposited from wire transfers?

Once the funds are deposited into your account (you lot will 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 upwards your Crypto.com Visa card

To Purchase Crypto

  1. Tap the Buy button on the homepage

  2. Selecting the crypto you wish to purchase

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

  4. Select USD

Meridian up your Crypto.com Visa card

  1. Go to the Bill of fare page

  2. Tap on Top Up

  3. Select Fiat Wallet

  4. Input the top-up amount in USD

  5. Confirm the transaction (Rate volition be held for xv seconds

Source: https://help.crypto.com/en/articles/4559573-fiat-wallet-usd-deposit-via-wire-transfer

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