How to deposit USD from Chase

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If you want to deposit funds to a Bitso account from Chase, make sure to follow the steps below.

 

Add a new recipient

1. Have the wire instructions on hand.

First of all, make sure to register the account you want to receive the deposit from. Once you do this, the wire instructions will appear.

 

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Whether you want to receive a deposit from a third party or from your US-based account, make sure to follow the instructions. Remember all the information contained in the instructions is unique for each registered account and non-transferable.

Have the instructions on hand until the last step; you’ll need them.

 

2. Sign in to your Chase account.


3. Select “Pay & transfer” and then choose “Wire money.”

 

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4. Select “Add a recipient.” After you select this option, you may be asked to enter a security code.

 

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5. In “Recipient’s bank location,” choose “United States” and complete the “Routing number” field with the number provided when you registered the account in Bitso.

 

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Once you complete the fields, select “Next.”

 

6. Enter the recipient’s account number, verify it by entering it again, and fill in the remaining information.

In the “Message to recipient” field, enter the code provided in the wire instructions. Chase states this is optional, but entering the code is mandatory for receiving the wire. If it’s unfilled, the wire will be rejected, and the bank may charge fees.



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7. Review all the information entered. If everything is correct, select “Add recipient.”

 

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Wire the funds to the added account

1. Go back to “Pay & transfer” and choose “Schedule wire.”

In “Wire to,” select the account you just added, then select the account you want to send the funds from, and enter the amount and the date.

IMPORTANT: In the “Message to recipient” field, enter the code provided in the wire instructions. Chase states this is optional, but entering the code is mandatory for receiving the wire. If it’s unfilled, the wire will be rejected, and the bank may charge fees.

 

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After that, select “Next.”

 

2. Review all the information entered. If everything is correct, select “Transfer money.”

 

3. You’re done! You’ll receive the funds in your Bitso account in an average of 6 business hours (it may take up to 48 business hours).


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