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Article: Bank wire timelines & requirements

Using a bank wire? Here’s what to expect. Timelines, requirements, and tips for a smooth deposit.

Updated today

Content:

📆 Timelines: What to Expect

  • 1–2 business days for most wires to arrive

  • Transfers sent before 4 PM EST process faster

  • Wires sent on weekends or holidays will start processing the next business day


✅ Requirements for Bank Wires
To ensure your wire is accepted and credited quickly:

  1. Canadian Personal Bank Account

    • Must be from a bank account in your name

    • Business or joint accounts may be rejected

  2. Use Exact Banking Instructions

    • Find these in your 1Bitcoin.ca dashboard

    • Enter all fields exactly as shown

  3. Reference Code

    • Include your unique reference code in the wire memo or message field

    • This links the wire to your account

  4. No Intermediary Changes

    • Avoid modifying the wire instructions (e.g., abbreviating bank names)


⚠️ Common Wire Delays

  • Sending from an unverified or mismatched name

  • Forgetting the reference code

  • Sending from outside Canada


Need help with your wire?
Reach out to [email protected] and include:

  • Date of the transfer

  • Amount

  • Bank name

  • Your reference code

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