Bank Wire Funding Is Simple — and Built for Larger Transfers
Funding your 1Bitcoin.ca account by bank wire is a straightforward option, especially for larger CAD amounts or situations where Interac limits are restrictive.
Once your wire arrives and clears, your account is credited and you can proceed to Buy Bitcoin in Canada using the same non-custodial, direct-to-wallet process.
Step-by-Step: Funding by Bank Wire
Follow these steps carefully to avoid delays:
- Log in to your 1Bitcoin.ca account
Navigate to the Fund Account section. - Select “Bank Wire” as your payment method
You’ll be shown detailed wire instructions. - Review the wire details carefully
This includes:- Recipient bank information
- Account details
- A unique reference code
- Send the wire from your own Canadian bank account
⚠️ Third-party wires are not accepted due to compliance rules. - Include your unique reference code
Make sure this code appears in the memo or message field so the wire can be matched to your account.
What Happens After You Send the Wire?
- Wires typically arrive within 1–3 business days, depending on your bank
- Once received and reviewed, your 1Bitcoin.ca account is credited
- You’ll then be able to place a buy order immediately
If more than three business days have passed, you should:
- Contact your bank to trace the wire
- Notify the 1Bitcoin.ca team so we can assist
For very large funding amounts, Canadians sometimes coordinate funding and execution together through Bitcoin OTC Canada to ensure smooth settlement and pricing.
Important Funding Rules to Know
- ✅ Wire must come from a bank account in your own name
- ❌ Third-party wires cannot be accepted
- ❌ Cash or anonymous wires are not permitted
These requirements exist to protect users and comply with Canadian financial regulations.
This same funding discipline is applied at scale for organizations and businesses using Corporate Treasury Bitcoin Canada frameworks, where clarity and auditability matter.
Final Takeaway
Funding your 1Bitcoin.ca account by bank wire is ideal when you need:
- Higher CAD limits
- Clear settlement records
- A compliant, bank-to-bank transfer
Send the wire correctly, include your reference code, and once funds arrive, you’re ready to buy Bitcoin—directly to your own wallet.
