Can I receive ACH deposits?
Can I receive ACH deposits?
No. Only wire transfers are accepted. Don’t have senders push ACH deposits to your USD wallet’s account details. For where other rails stand, see USD rails.
How many USD wallets can a vault have?
How many USD wallets can a vault have?
One. You can only create one USD wallet per vault.
Do international senders need intermediary bank details?
Do international senders need intermediary bank details?
No. BNY is a SWIFT member, so senders can wire funds over SWIFT without an intermediary bank.
How do I reconcile a domestic wire?
How do I reconcile a domestic wire?
An incoming Fedwire posts an IMAD reference in your activity roughly 15–30 minutes after the sending bank releases it. Use the IMAD to reconcile the deposit.
My wire instructions changed after enrolling in the USD Interest Program. Do the old ones still work?
My wire instructions changed after enrolling in the USD Interest Program. Do the old ones still work?
Yes. Once you enroll in the USD Interest Program, your instructions update to show BNY details. Previous deposit instructions continue to operate even if they’re not displayed.