How Can I Deposit United States Dollars (USD)?

We accept USD deposits from almost every country in the world as long as you can make telegraphic (wire) transfers. 

In order to deposit/withdraw/trade with fiat currency, you must first complete the Customers Due Diligence (CDD). For more information, you may refer to here. Otherwise, there will be an error message as below:

If you have completed CDD, you would be able to see this screen as shown below:

USD deposit can be done through telegraphic/wire transfers. Most banks offer telegraphic transfers through internet banking and usually take 1 - 5 days to credit. Please contact your bank for more details.

Please note that there is a one-time charge of 0.1% or US$10, whichever is higher, on our side after receiving the deposits on our bank for each transaction.

Bank's telegraphic transfer fees are usually less than 50 USD and have 3 components:

1. Your sending bank may charge you either at a fixed amount or amount proportional to your deposit with a cap. Please contact your bank for more details.
2. Our bank charges 0.1% or S$10 (whichever is greater) for each transaction.
3. The intermediary banks may have additional charges.

All currencies other than USD will be converted to USD by the bank automatically based on the bank's rate. Third-party deposits* will be rejected and returned to the source.

*Third-party deposits are those which originate from a financial institution which is titled in a name different from our name on COINUT.