USD Deposits & Withdrawals
Wire Transfers: Paxos will credit your wire deposit as soon as it has been received by our bank. Note that your deposit will be returned if there's missing and/or incorrect information in your wire instructions.
Domestic wire withdrawals are processed via the FedWire system and may take 30 minutes to 2 hours to settle. International wire withdrawals may take 1-5 days to reach the beneficiary bank..
ACH Transfers (US domestic only): Credited to an account instantly 24/7, but will be settled on a T+2 basis during regular US banking hours. *ACH withdrawals coming soon!
SEN Transfers: Processed 24/7 with immediate execution, SEN Transfers are not subject to any limits.
*Weekend & Holiday Schedule: Note that USD wire transfers are not processed on weekends & on US banking holidays. ACH & SEN transfers are processed 24/7.
Digital Asset Deposits & Withdrawals
Please be aware that these are guidelines only and not intended to be SLAs with customers.
Deposits: All digital assets are credited to your account once it receives the appropriate amount of confirmations on the blockchain. Note that BTC requires 3 confirmations on the blockchain before you can see it in your balance & ETH assets require 12 confirmations. Digital asset deposits are credited 24/7.
Withdrawals: Processing schedules are outlined below:
- USD-backed stablecoins & ETH: Generally processed within 45mins for withdrawals to previously used wallet addresses
- PAX Gold (PAXG) & BTC: Generally processed 6 times a day. Weekend withdrawals are currently not supported for these assets. Please find weekday processing times listed below in EST:
The above times are cutoff times for a specific batch so take note that the processing time of these transactions will typically be within 1 hour of the batch initiation.
Holiday Schedules: Digital asset withdrawals may be processed at limited capacity during observed US & Singapore national holidays. Digital asset deposits are unaffected.