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:
- US Users:
- Depositing: 2-3 business days (excluding weekends and holidays)
- Withdrawing: 1-2 business days (excluding weekends and holidays)
- Please note, that if you initiate a deposit after business hours the first processing day will be the next business day.
- International Users:
- Depositing: 4-6 business days and need to be held for 1 day (excluding weekends and holidays)
- Withdrawing: 1-2 business days (excluding weekends and holidays).
- Please note, that 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.
If you have a US wallet:
The app will not have a Q-code for US wallets, as they have a designated account number listed in-app for them. The account number listed in app must be included when depositing externally of the app in order for the funds to be routed to your wallet.
*This information will be provided to you via the Abra app after you've been approved.
If you have an International wallet:
When depositing externally from your bank you must include your 'Final credit to account number', it is unique to your wallet. It will start with the letter 'Q', and is commonly referred to as your Q-code. If you do not include this information it will delay your deposit
*This information will be provided to you via the Abra app after you've been approved.
Wire deposits will have a 1 day (24-hour hold) before funds can be withdrawn from the app.
Want to withdraw via our Wire Program, here's how.
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