Who can use SWIFT
• Non US residents
• Any non US bank worldwide
• Currency must be sent in USD
US banks are not supported. Even if you are not a US resident, a US based bank still cannot be used.
Processing time
• 5 to 7 business days for the wire to arrive
• Once received, USDC is credited within minutes
Send USD via SWIFT in steps
Step 1 – Get your virtual bank details
Go to: https://dev.ether.fi/app/cash/bank/usd and select SWIFT.
(Path: Vault → Add Funds → Bank → SWIFT)
Accept the terms and conditions to generate your personal virtual bank transfers account.
Please note: You may be asked to provide additional verification documents before your virtual account is activated. This is part of regulatory requirements.
Step 2 – Obtain your bank transfer details
After your virtual bank account is approved and created, you will be provided with your unique bank account details. You will be able to enter these details into your bank’s wire form to make new deposits.
Details you will need are:
• Name
• Name of Bank
• Account Number
• SWIFT Code
• Country
• Beneficiary Address
These are the exact details you must enter when initiating your SWIFT transfer. Always ensure the information matches exactly to avoid delays or rejected wires. If you send an ACH or Fedwire bank transfer, it will fail and be rejected.
Each field includes a copy icon so you can easily copy and paste the information directly into your bank’s wire transfer form.
Step 3 – Send the Transfer
Log into your bank and initiate a USD SWIFT transfer using the details provided.
Save your transfer confirmation or reference number in case you need to follow up.
Fees
SWIFT transfers include:
• 20 USD fixed fee
• 0.1% variable fee
Example
If you send 1,000 USD:
20 USD fixed fee
1 USD variable fee
Total fees 21 USD
You receive approximately 979 USDC.
Your own bank may also charge outgoing wire fees.
Third party transfers
If funds are sent from a bank account that is not in your name:
• Under 500 USD → processed automatically
• 500 USD and above → first transfer triggers a Request for Information email. You may be asked to confirm source of funds.
After the first successful review, future transfers from the same sender usually go through without additional review.
Frequently asked questions
How long does it take for deposits to show in my account?
How long does it take for deposits to show in my account?
5 to 7 business days for arrival. Then a few minutes to credit USDC.
Why did I receive less than what I sent?
Why did I receive less than what I sent?
Differences are due to:
20 USD fixed fee
0.10 percent variable fee
Possible bank wire fee on your side
Can I cancel a bank transfer after sent from my bank?
Can I cancel a bank transfer after sent from my bank?
No. Once your bank sends the wire, it cannot be recalled.
If it fails, funds return to your bank in 3 to 5 business days.
Can I withdraw funds back to my bank via SWIFT?
Can I withdraw funds back to my bank via SWIFT?
No. At the moment, SWIFT is available for deposits only. Bank withdrawals are not supported.
Why was my deposit refunded
Why was my deposit refunded
Your deposit may be returned to your bank for one of the following reasons:
• The transfer details were entered incorrectly
• The sending bank is not supported
• The name on the bank account does not match your account
• Additional verification was required but not completed
• Compliance or regulatory restrictions
If a transfer is rejected, funds are typically returned to your bank within 3 to 5 business days.
Need help with anything else?
If you still have questions or run into any issues, reach out to our support team and we’ll be happy to assist you.