The Abra Wire Program provides users the opportunity to deposit and withdraw with higher limits than what is currently available with ACH.
If you have never used the wire program before, you will need to apply to Prime Trust. At this time, it is only available to users who are approved through Prime Trust
If the app prompts you to reapply (even if you were previously accepted into the Abra Wire), you will need to go through the process in order to use the Wire Program to transact.
With Prime Trust there are no limits to deposit, but $5,000.00 AbraUSD minimum is required to withdraw back to your bank. Please note, that you will have to check with your bank to see if they charge any additional fees.
Your deposit can take 1-2 business days (excluding weekends and holidays) to reflect in your Abra wallet and a withdrawal will take 3-5 business days (excluding weekends and holidays) to reflect in your bank account.
Please keep in mind, that depositing via wires will still take place external to the Abra app via your bank (online banking portal or in-person). Additionally, withdrawing funds via wires will still be done by withdrawing funds from within the Abra app.
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