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Bank Wire Timelines & Requirements

Sending a bank wire? Here’s what to expect when making a wire deposit to 1Bitcoin.ca. Following the correct wire instructions helps avoid delays and ensures your deposit is credited properly.


📆 Typical Bank Wire Timelines

Most bank wires are processed within:

  • 1–2 business days after receipt

Wires submitted:

  • before 4 PM EST

  • during normal banking hours

may process more quickly.

⚠️ Wires sent on:

  • weekends

  • holidays

will usually begin processing on the next business day.

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✅ Requirements for Bank Wires

Canadian Personal Bank Account

Wire transfers must:

  • come from a Canadian personal bank account

  • match the legal name on your 1Bitcoin.ca account

⚠️ Business accounts, joint accounts, or third-party wires may be delayed or rejected.


Use the Exact Banking Instructions

Your wire instructions are available in your:

  • 1Bitcoin.ca dashboard

Enter all banking details exactly as shown.

Avoid:

  • abbreviating bank names

  • modifying account details

  • changing wire instructions


Include Your Reference Code

Your unique reference code must be included in:

  • the wire memo

  • message field

  • reference field

This allows the deposit to be linked to your account.

⚠️ Missing reference codes may delay processing.

Related article:


⚠️ Common Causes of Wire Delays

Delays may happen if:

  • the wire is sent from a mismatched name

  • the reference code is missing

  • incorrect banking details are entered

  • the wire is sent from outside Canada


💬 Need Help With Your Wire?

If you need assistance, please contact support and include:

  • date of the transfer

  • amount sent

  • bank name

  • your reference code

To contact support:

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