How To Deposit USD Via Bank Transfers on Coinhako

How To Deposit USD Via Bank Transfers on Coinhako

To make a USD deposit into your Coinhako account, follow these steps:

  1. Log in to your online banking account.

  2. Navigate to the "Transfers" or "Payments" section.

  3. Select "Overseas Transfer" or "International Transfer."

If you are sending USD from your DBS/ POSB bank, after selecting ‘Overseas Transfer’, add Coinhako as a corporate account and proceed with the following steps.

  1. Enter the recipient's bank details, including their name, account number, and bank address. Refer to the Deposit USD section in the Coinhako app for the specific details required for DBS Hako Tech deposits.

2. Enter your desired transfer amount in USD.
3. Select your desired transfer method (SWIFT, Telegraphic Transfer, MEPS, ACT).
4. Confirm the transfer details and initiate the USD transfer.Upon making the transfer, email the MT103 or transfer advice issued by your bank to upon making the transfer

An MT103 or transfer advice refers to a document or message issued by your bank when you make a financial transfer.
It typically contains details about the transfer, such as the sender's and recipient's information, the amount transferred,
the purpose of the transfer, and any additional instructions or references.

An MT103 document should look like this.

When will my deposit be reflected in my account?

USD transfers can take up to several business days depending on the transfer method and bank cutoff times. Once we receive the transfer, we will credit it to your account and send an email and push notification to notify you of the successful deposit.

Note: Each bank may have slightly different steps or terminology for making outgoing USD transfers, so be sure to consult your bank's instructions or contact their customer service for assistance if needed.

    • Related Articles

    • FAQs about SGD deposits via bank transfers on Coinhako

      Facing issues with SGD deposits via bank transfers on Coinhako? We answer all the frequently asked questions here: 1. Why is the beneficiary name not Coinhako? The beneficiary name shown to each user is unique and can be accessed by viewing the ...
    • USD Trading For Bitcoin and Cryptocurrencies on Coinhako!

      Fund your account to trade in USD with these simple steps! 1. Deposit any supported USD Stablecoin. USD Coin (USDC) Tether USD (USDT) Our system will credit the sent tokens as USD to your USD Coinhako wallet. 2. Buy and Sell any supported ...
    • Withdrawals & Deposits on Coinhako

      This article contains guides and frequently asked questions about withdrawals, deposits and transfers on Coinhako. Withdrawals How do I add a bank account for withdrawals on Coinhako? 1. Tap on the arrow beside ‘SGD’, then select 'Withdraw'. 2. You ...
    • Fiat Deposit Refund Policy

      Deposits that do not originate from a bank account that matches your verified name or transaction note/comments/description that does not match the deposit instructions will be refunded.  Refunded deposits will carry a 2% processing fee and may take ...
    • FAQs About Buying Crypto with Credit and Debit Card on Coinhako

      Need to get instant access to crypto? Find out how you can buy bitcoin and other digital assets with card payments. 1. How do I add my card to Coinhako? To add your card, follow these 3 steps ? Go to the ‘Settings’ tab Under Account, select ‘ ...