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Kraken Adds Free Recurring ACH Deposits for Eligible U.S. Customers Outside Maine and N.Y.

Customers can choose an amount and schedule, pause deposits or cancel at least three business days before a scheduled debit.

A blank smartphone, bank card and three ceramic discs / TokenPost.ai
A blank smartphone, bank card and three ceramic discs / TokenPost.ai

Kraken launched recurring ACH deposits in U.S. dollars for eligible U.S. customers, excluding customers in Maine and New York. The feature lets customers schedule transfers from a bank account into a Kraken account without a deposit fee.

Customers choose the deposit amount and frequency and can pause or cancel a schedule. To stop a scheduled debit, a cancellation must be submitted at least three business days before the deposit.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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