Bank Transfers

Get an account in minutes and start receiving & sending USD & Euro transfers from any bank. Incoming transfers will automatically be deposited as USDC into your self-custodial Fluidkey account in a privacy-preserving manner.

This feature is powered by Noah and is available to both individual users and organizations.

Key Information

Account Creation

To create an account, click the Bank button in your dashboard. You will be guided through the KYC process, which typically takes less than 5 minutes to complete.

Once you have submitted all required information, your application will be reviewed. This usually takes minutes but may take longer if some of the provided data needs to be double-checked.

As soon as you are able to see bank details in the Bank section, you are ready to receive payments.

Supported Transfer Methods

Deposits and withdrawals are available via four methods:

• ACH (US domestic, USD)
• SEPA (Europe, EUR)
• Fedwire (US domestic wire, USD)
• SWIFT (international wire, USD)

Minimum per transfer: $1 for ACH and €1 for SEPA.

For applicable fees and tier-based benefits, see Bank Transfer Fees & Tiers.

Receiving Transfers

You can receive USD and Euros by sending transfers to the account details shown in the Bank tab. The minimum transfer amount is $1/€1 for ACH and SEPA.

Transfers are typically credited to your account within the same day. ACH transfers may take 1–3 business days, and SWIFT transfers 1–5 business days, depending on the sending and correspondent banks.

You can switch the chain for deposit transfers by clicking the Edit button at the bottom of the table in the Bank tab. Your fiat deposit can be set to auto deposit as:

• USDC on Base, Ethereum, Polygon, or Gnosis
• USDT on Ethereum or Polygon

Deposited USD is converted to USDC or USDT at a 1:1 rate, and deposited EUR is converted to EURC at a 1:1 rate. Other destination tokens are converted based on the current market rate; please refer to the rate shown in the app. EU users cannot use USDT.

Verifying Your Account with Microdeposits

Some banks and fintech apps require you to verify ownership of your Fluidkey bank account before sending larger transfers. They do this by sending one or more small test deposits (under $1) to your account details. These microdeposits are not shown in the app; instead, you will receive an email with the deposit amounts at the address used to apply for the bank feature. Once your bank confirms the deposits, you can send transfers as usual.

Third-Party Transfers

Transfers from third parties are accepted within the following limits:

• Registered businesses sending from a domestic US business account
• A family member's bank account, if you share a surname
• Other individuals, up to $5,000 per transfer (US residents can only receive third-party transfers from registered businesses)

• Registered businesses sending from a domestic business account
• A close friend or family member's bank account

Sending Transfers

Send out is available for any token on Base, Ethereum, Polygon, and Gnosis. USDC and USDT are converted to USD at a 1:1 rate, and EURC is converted to EUR at a 1:1 rate, while other tokens are converted based on their current market rate; please refer to the rate shown in the app. EU users cannot use USDT. Note that EURC settles out directly only on Base; sending from another supported chain will first be bridged to Base.

To get started, open the Send box with the ↗ button next to the token you want to send. In the to field, press the bank icon to add a bank recipient to your contacts. You can then select the recipient in the dropdown of the to field to proceed with the transfer.

Bank Transfer Fees & Tiers

Fee Structure

Bank transfers may be subject to two separate fees:

• Volume Fee: A percentage-based fee applied to monthly transfer volume exceeding your free transfer limit. The applicable rate depends on your account tier.
• Transfer Fee: ACH & SEPA transfers have no fixed transfer fee. SWIFT and Fedwire transfers cost $25 each, with a monthly number of free transfers determined by your account tier.

Volume fees and transfer fees are calculated separately. A transfer may be subject to both fees.

• $3,000 per month: Available to all eligible users.
• $20,000 per month: Available to users with 10,000+ Fluidkey Score or an active Frontier membership.

The free transfer limit applies to the combined volume of incoming and outgoing bank transfers each calendar month and covers volume fees only.

Welcome offer: Your first incoming bank transfer within 30 days of account opening is free of all fees. Outgoing transfers are not included.

Account Tiers & Benefits

Your account tier is determined by your average Fluidkey account balance over the last 30 days.

Your tier is updated automatically each day based on your rolling 30-day average balance.

For accounts less than 30 days old, the average balance is calculated using the daily end-of-day balances since account opening, divided by the number of days the account has been open.

Free SWIFT and Fedwire transfer allowances apply to both incoming and outgoing transfers and reset each calendar month.

Looking for a better rate? If your average balance is above $500K, contact us at hey@fluidkey.com for a custom plan.

Eligibility & Conditions

• Tier-based fees and benefits are available to Fluidkey users who have completed KYC verification and enabled auto-earn.
• Unlimited free SWIFT and Fedwire transfers are subject to fair use.
• Fluidkey reserves the right to modify the fee structure, tier requirements, and associated benefits.