Bank wires are commonly used for deposits over:
$25,000 CAD
🏦 Why Use a Bank Wire?
Bank wires are:
ideal for larger deposits
secure and trackable
commonly processed within 1–2 business days
🪜 Step-by-Step: Sending a Bank Wire
1️⃣ Log Into Your Account
Sign into your 1Bitcoin.ca account and go to:
Deposit
Bank Wire
2️⃣ View Your Wire Instructions
Follow the instructions provided in your dashboard to view:
banking details
reference code
wire instructions
⚠️ Your reference code must be included with the wire transfer.
3️⃣ Send the Wire Through Your Bank
At your bank:
initiate the wire transfer
enter the banking details exactly as shown
include your reference code in the memo or note field
You may complete this:
online
by phone
or in person at your bank branch
4️⃣ Send Your Wire Receipt
After submitting the wire:
send a copy of the wire receipt if requested
keep your confirmation for your records
✅ Important Requirements
Bank wires must:
come from a Canadian personal bank account
match the name on your 1Bitcoin.ca account
⚠️ Do not send:
cash deposits
business account wires
third-party transfers
⏱️ When Will It Arrive?
Most bank wires are processed within:
1–2 business days after receipt
Processing may take longer during:
weekends
holidays
banking delays
compliance reviews
Related article:
💬 Need Help Confirming a Wire?
If you need assistance:
request a live agent through the support chat
or email [email protected]