Deposits allow you to add funds to your Devdraft account from external sources. You can receive money through traditional bank transfers (wire and ACH) or by transferring cryptocurrency from external wallets.

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Deposit Methods

Traditional Banking:Wire Transfers:
  • Same-day processing for urgent deposits
  • Higher fees but immediate availability
  • Supports USD and EUR currencies
  • Requires complete bank details and reference
ACH Push:
  • Lower cost option for US deposits
  • 1-2 business day processing time
  • Automated Clearing House network
  • Suitable for regular recurring deposits

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How to Make a Deposit

1

Access Deposits

Navigate to Payments → Deposits in your dashboard
2

Choose Deposit Method

Select between bank transfer or external wallet deposit
3

Configure Details

For Bank Transfers:
  • Enter deposit amount
  • Select currency (USD/EUR)
  • Choose transfer type (wire/ACH)
  • Get bank instructions
For Wallet Transfers:
  • Select cryptocurrency and network
  • Choose or generate wallet address
  • Get QR code for mobile wallets
4

Initiate Transfer

Bank Transfer:
  • Use provided bank details
  • Include reference number
  • Send from your verified bank account
Wallet Transfer:
  • Send from your external wallet
  • Use exact wallet address
  • Include proper network selection
5

Monitor Status

Track your deposit status in the transactions dashboard

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Bank Deposit Instructions

Required Information:For USD Wire:
  • Beneficiary bank details
  • Routing number
  • Account number
  • Wire reference message
  • SWIFT code (for international)
For EUR Wire:
  • Beneficiary bank IBAN
  • BIC/SWIFT code
  • Bank address
  • Wire reference message
Wire transfer instructions interface
ACH Requirements:
  • Valid US bank account
  • Account and routing numbers
  • ACH reference number
  • 1-2 business day processing
Benefits:
  • Lower fees than wire transfers
  • Automated processing
  • Suitable for regular deposits
  • Reliable settlement times

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Cryptocurrency Deposits

Wallet Integration

External Wallet Deposits:
  • Connect popular cryptocurrency wallets
  • Support for hardware wallets
  • Multiple network compatibility
  • Real-time balance updates

Address Management

Secure Addressing:
  • Generate unique deposit addresses
  • QR code generation for mobile
  • Address verification features
  • Network-specific addressing

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Processing Times

Expected Settlement:
MethodProcessing TimeAvailability
Wire TransferSame dayBanking hours
ACH Push1-2 business daysBanking hours
International Wire1-3 business daysBanking hours

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Security Measures

Protection Features:
  • Account Verification - Bank account ownership validation
  • Reference Matching - Unique reference number verification
  • Amount Limits - Daily and monthly deposit limits
  • Fraud Monitoring - Real-time transaction analysis
  • Regulatory Compliance - AML and KYC requirements
Wallet Protection:
  • Address Verification - Multi-step address confirmation
  • Network Validation - Automatic network detection
  • Hot Wallet Security - Multi-signature protection
  • Cold Storage - Secure offline storage
  • Smart Contract Audits - Regular security assessments

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Deposit Analytics

Transaction History

Complete Records:
  • All deposit transactions
  • Status tracking
  • Amount and currency details
  • Processing timestamps

Performance Metrics

Deposit Insights:
  • Processing time analysis
  • Success rate tracking
  • Method performance comparison
  • Cost optimization data

Export Capabilities

Data Management:
  • CSV export functionality
  • Custom date ranges
  • Accounting integration
  • Compliance reporting

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Best Practices

1

Verify All Details

Accuracy Check:
  • Double-check bank account information
  • Verify cryptocurrency addresses and networks
  • Include proper reference numbers
  • Test with small amounts first
2

Monitor Processing Times

Timeline Management:
  • Plan for processing delays
  • Consider banking holidays
  • Account for network congestion
  • Set realistic expectations
3

Maintain Security

Protection Measures:
  • Use only verified accounts
  • Enable two-factor authentication
  • Monitor deposit notifications
  • Report any suspicious activity
All deposit methods require completed KYC verification. Processing times may vary based on network conditions, banking holidays, and verification requirements.