At this time, Circle Account cannot support banks that require FFC(for further credit) payment instructions. Examples of these accounts are brokerage and investment accounts, accounts that leverage third-party payment processors, and banks or financial institutions that use intermediary banks to complete transfers, such as Prime Trust.
For example, banks such as Mercury and Evolve utilize Synapse Financial to complete their wire transfers. Your wires will arrive at our bank in the name of Synapse Financial under a different name, account number, and no associated information to identify the transfer in your name. Due to the inability to identify and link funds, your wire will be automatically rejected and returned to your bank account.
Currently, the list below are banks we cannot accept wire transfers from. Please note this is not a complete list:
- Prime Trust
- Synapse Financial
- Stride Bank
Please verify with your bank if they require FFC (for further credit) payment instructions prior to submitting a wire transfer to your Circle Account.