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To send USD from Anchorage Digital, you first add the recipient’s bank information as a trusted destination, then initiate a withdrawal from your USD wallet.

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Adding a USD trusted destination

You must be an administrator with trusted destination management permissions. You’ll need your iOS device for biometric approval.
1

Navigate to trusted destinations

Go to Settings and select Trusted destinations.
2

Add a USD trusted destination

Select Add trusted destination, then select Add single (Fiat).
3

Complete recipient information

Fill in the required information for the recipient account holder.
4

Select wire type and bank details

Select Domestic or International for the bank account type. Fill in the required bank information and select Preview.
5

Review and submit

Review the operation and select Confirm and submit for approval. Complete biometric endorsement. Once the required quorum and sub-quorum approvals are submitted, Anchorage Digital will review the trusted destination.
If you enter information in the Memo field, it pre-populates whenever you use this trusted destination for a withdrawal. You can still edit the memo during the withdrawal.

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Sending USD

Once a trusted destination is approved, initiate a withdrawal from the iOS app or web dashboard.
1

Select vault and initiate withdrawal

Select the vault and tap Withdraw.
2

Select asset and destination

Select USD as the asset type and Trusted Destination as the destination type. Choose the trusted destination you want to send funds to.
3

Enter amount

Enter the USD withdrawal amount. The Add memo field is optional and is pre-populated if a memo was included when the trusted destination was created.
4

Review and endorse

Review the withdrawal and select Confirm and endorse withdrawal. Vault members included in your withdrawal policy will receive a notification to approve the withdrawal.
Once the required quorum and sub-quorum approvals are submitted, Anchorage Digital will review the withdrawal for approval.
For same-day wire withdrawals, the daily cut-off time is 5:00 PM ET for BNY and Customers Bank, and 3:00 PM ET for Cross River Bank. Any requests submitted after these times will be processed on a best-effort basis. To confirm which bank your account routes through, check your wire instructions or contact your relationship manager.