You can now wire USD directly into your Abra account!
This can be completed in a few easy steps. Please keep in mind this FAQ is only going to show you the instructions on Abra's side (this FAQ will not show you how to initiate a wire from your bank).
- Wire deposits should be for 100k or more.
- 4 PM EST is the cut-off time. This means if you initiate a wire after this time frame it will not be processed until the next day.
- Login to your account and on your profile view you will see your deposit tab.
- Tap: The Deposit USD Button or The Deposit USD Tab.
A few important things to keep in mind.
1. This photo is an example, you will need to log in to your account in order to see the information needed to complete a wire.
2. Make sure that your memo and or reference field is filled out when sending funds from your bank. This is an important step for our Operations team.
3. Lastly, once you have initiated a wire deposit from your bank account you must reach out to Abra support with the name on your Abra account, your SMA number, the amount you've deposited and what asset you'd like to exchange those funds into.
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