SWIFT International Wires Overview
International Wires gives users access to fund their account with USD via SWIFT. This payment method is available upon request in most regions. Clients must have a relationship with a banking partner that supports SWIFT and a valid W8 form in order to activate this payment method. Once provided, Coinbase Exchange support will manually set up your SWIFT access on your behalf.
Enabling and Verifying a SWIFT Payment method
To enable SWIFT, please reach out to Coinbase Exchange support to activate the payment method and deposit USD. Within your outreach, provide the following information:
Coinbase Exchange account name
Coinbase Exchange account address
Attach a valid W8 Form.
You will not need to provide a new copy if previously provided during onboarding.
Provide the following details of your bank and intermediary bank on letterhead:
Bank name
Bank address
SWIFT/BIC
Account number/IBAN
Intermediary bank name
Intermediary bank address
Intermediary bank routing/ABA number
Intermediary bank SWIFT/BIC
Intermediary bank statement
Once the Coinbase Exchange support team receives the documentation, we will add the SWIFT payment to your account. We will connect with you to confirm that your bank account has been verified and you are able to initiate a deposit.
To add any additional SWIFT bank accounts, please follow the instructions above. All verified bank account will appear in your banking tab.
Depositing with SWIFT
Sign in to Coinbase Exchange
Select Deposit > USD > International Wire Transfer
Follow the instructions shown to initiate a deposit
Important information for timely deposits
Ensure your Reference Number located within the instructions is provided when initiating the deposit from your bank. Failure to add the Reference Number may result in delays receiving your deposit to Coinbase Exchange.
Please ensure your intermediary bank uses the routing number for Coinbase Cross River Bank as opposed to the routing number for Cross River Bank, otherwise the payment will be rejected.
Fees
There is a $25 Deposit fee for SWIFT.
Timing
Your funds will appear in your account 1-3 business days after you send them. However, it can take up to 5 days.
If funds are not received after 3 business days or for support enabling this payment method, please contact Coinbase support.
Please note that we are not able to accept SWIFT EUR international wires at this time. If you send a SWIFT EUR payment to your Coinbase account it will be automatically returned