Revolut-Etana-Kraken

[CryptoArbi]

I am facing some difficultιes to deposit from Revolut to Kraken. I am still not sure if this transaction is allowed by Revolut. They are blocking it claiming there is a technical problem.
Do you know if I can deposit from Revolut to kraken?

Is it possible to send money from Revolut to Etana and then to Kraken?
Is it possible to send money from Kraken to Etana and then to Revolut?

Many thanks for your help.

[LeGaulois]

Hi

I can confirm you can't deposit from Revolut to Kraken, and vice versa, withdraw from Kraken to Revolut (that sucks for a supposed "crypto-friendly bank right?). It's often an issue with neobanks, they don't want to work with crypto companies. Not all of them refuse of course but it's not something unusual.
The bank Fire, as another example, does the same thing

From Revolut to Etana and then to Kraken should work. However, the first deposit will be on hold for 3 days for security reasons.

Hope that helps.

[Bitcoin_Arena]

I am facing some difficultιes to deposit from Revolut to Kraken. I am still not sure if this transaction is allowed by Revolut. They are blocking it claiming there is a technical problem.
Do you know if I can deposit from Revolut to kraken?

Turns out you are not the only person facing the problem. For some reason Transactions between Revolut and Kraken are blocked  according to the information from Kraken support page

Below is a list of banks that are against deposits to or withdrawals from Kraken and other cryptocurrency exchanges. If you want to deposit or withdraw fiat currencies on Kraken, you'll need to use a bank that's not on this list.

Cloud banks:

Fire (Ireland)
Revolut (UK)
Traditional banks:

Rietumu Banka (Latvia)

National blacklists:

Qatar Bank Authority has blacklisted cryptocurrency exchanges

This list is just a tiny sample. The challenge is that most banks look at transfers on a client-by-client basis, rather than an out-right ban, so be sure to maintain a good relationship with your branch. We can provide a letter if your bank requests one.

[CryptoArbi]

Many thanks to both of you guys.

From Revolut to Etana and then to Kraken should work.

How about the opposite direction, Kraken to Etana to Revolut. Do you think that would work?
Thank you.

[LeGaulois]

Many thanks to both of you guys.

From Revolut to Etana and then to Kraken should work.

How about the opposite direction, Kraken to Etana to Revolut. Do you think that would work?
Thank you.

Yes, if
Revolut>Etana>Kraken works then Kraken>Etana>Revolut should work too.
It would be weird if it's not the case. Revolut accepting to send funds to Etana but refuse to receive funds from Etana.

It might be worth trying out with a small amount first. So that you don't get stuck without an account to receive a payment from Etana