You must be approved previously in order to user the Abra Wire Program to transact.
Features Of the NEW Abra Wire Program-New Method-Prime Trust
Limits: No limit
Cost: Abra charges no fee to deposit and withdraw via wire transfer (your bank may charge a fee, be sure to check with your bank for this information).
Exchange rate: Rates shown in-app update in real-time.
Approximate processing time: Depositing: 1-2 business days Withdrawing: 2-3 business days (excluding weekends and holidays). Please note, if you initiate a deposit after business hours the first processing day will be the next business day.
Eligibility: Must be approved via Prime Trust (available globally).
Information to deposit is listed in app here:
Open your Abra app, to your portfolio view.
Tap: '+Add Money' (now located at the bottom of your screen).
Tap: 'Bank wire transfer'.
Tap:'Bank wire transfer' listed under 'Select account'.
Instructions will be listed on how to externally wire funds from your bank to your Abra wallet.
As wire deposits take place externally of the Abra app, you will need to log-in to your online banking platform and then set up the wire transfer using the below information.
Keep in mind, most banks are wire capable, but not all will meet the criteria needed, please review the app and see what your country requires specifically.
When depositing externally from your bank you must include your 'Final credit to account number', it is unique to your wallet. If you do not include this information it will delay your deposit.
Recipient name:
Transfer method: Domestic wire only (not ACH bank transfer)
Recipient type: Business / corporation (not individual)
Depository Bank name:*
Bank phone number:*
Routing number:*
Account number:*
Credit to:*
Final credit to account:*
*This information will be provided to you via the Abra app after you've been approved.
Want to withdraw via our Wire Program, here's how.
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Features Of the Abra Wire Program-Old Method-Synapse/Evolve (soon to be deprecated)
Limits: Deposit/withdraw $500~$40,000k per day.
Cost: Abra charges no fee to deposit and withdraw via wire transfer (your bank may charge a fee, be sure to check with your bank for this information).
Exchange rate: Rates shown in-app update in real-time.
Approximate processing time: Depositing: 1-2 business days Withdrawing: 2-3 business days (excluding weekends and holidays).
Eligibility: Approved U.S. residents only U.S. bank account holders only
Information to deposit is listed in app here:
- Open your Abra app, to your portfolio view.
- Tap: '+Add Money' (now located at the bottom of your screen).
- Tap: 'Bank wire transfer'.
- Tap:'Bank wire transfer' listed under 'Select account'.
- Instructions will be listed on how to externally wire funds from your bank to your Abra wallet.
As wire deposits take place externally of the Abra app, you will need to log-in to your online banking platform and then set up the wire transfer using the below information.
Keep in mind, most banks are wire capable, but not Fedwire capable. Abra's new Wire Program will only utilize Fedwire.
Recipient name:
Transfer method: Domestic wire only (not ACH bank transfer)
Recipient type: Business / corporation (not individual)
Bank name:*
Routing number:*
Account number:*
Recipient address:*
*This information will be provided to you via the Abra app after you've been approved.
Want to withdraw via our Wire Program, here's how.
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