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Can I deposit USD?

Yes! You can deposit from most USD accounts and here’s what you need to know and do

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Written by Support
Updated over 2 years ago

We accept USD deposits into your Hatch account. To deposit USD, you’ll first need to deposit NZD - just $0.10 is enough. If you haven’t done this yet, follow these simple deposit instructions.

If you’ve already made your NZD deposit, for your USD deposit, contact our team for your unique USD banking details.

What to do when making your USD deposit

Deposit USD from an account in your name. You can use your USD bank account or preferred foreign currency platform (XE, etc) if the name on the USD account matches the name on your Hatch account. Because of compliance standards, we’re unable to accept any deposits sent from a business or joint account.

What you need to know

  • We don't charge a fee for USD deposits, but your USD provider (or their intermediary bank) might. You’ll need to pay fees for transferring USD to your Hatch account. Talk to your USD provider to understand any fees.

  • We can only process your withdrawals from Hatch to your NZ bank account.

If your USD provider uses an automated clearing house (ACH) you’ll be unable to withdraw any deposited money from Hatch for 30 days. But you’ll still be able to buy and sell shares when your money lands in your Hatch account, 1-3 days following your deposit.

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