How To Add Bank Account To Kraken, Link To Bank Account

If you are searching for how to add a bank account to Kraken, you have come to the right place.

In addition, we have details on how to withdraw funds from your Kraken account and deposit local currency to Kraken.

How To Add Bank Account To Kraken

The following are steps to follow and learn how to add a bank account to Kraken:

1. Log in to your Kraken account.
2. Go to the Funding page.
3. Select your preferred currency using the Search bar, then click Withdraw.
4. A funding provider can be chosen from the drop-down menu.
5. Choose to add a new bank account
6. Select Continue.
7. Click Add bank account after entering your account information (all fields are required).
8. Select Add bank account.

You are free to use any description you like so long as it will help you easily recall this bank account.

This description needs to be one-of-a-kind and cannot be copied and pasted onto any other withdrawal method in your Kraken account.

Name on account refers to the person who holds the bank account; this name must coincide with the verified name or entity associated with this Kraken account.

How To Withdraw Funds From Your Kraken Account

You can withdraw funds from your Kraken account by following the below steps:

1. Sign in to your Kraken account
2. Navigate to the Funding
3. Select your preferred currency using the Search field,
4. Click Withdraw.
5. Submit a withdrawal request.
6. Choose the bank account from the drop-down option at the bottom of the page as you scroll down.
7. Click on Review Withdrawal after entering the desired withdrawal amount.
8. Punctuation and currency symbols should not be used (e.g., 1000 rather than €1,000).
9. Verify the information is accurate before approving the withdrawal.

How To Deposit Local Currency To Kraken

To make locate deposit to your Kraken account, below are steps to follow:

1. Sign in to your Kraken account
2. Navigate to the Funding tab
3. Click the Deposit button.
4. Search the currency you want to deposit and then select it.
5. Enter the desired deposit amount, and choose your preferred funding source from the drop-down selection.
6. You can go on if there is only one option presented to you.
7. Review the directions and key points.

That is how to add a bank account to Kraken, withdraw funds from your Kraken account and deposit local currency to Kraken.