Fiat Ramps on Defx
Deposit and withdraw fiat with our integrated partners.
Deposit and withdraw fiat directly from your Defx app. We currently support USD deposits/Withdrawals (virtual accounts), IDR on/off-ramps, and off-ramps to multiple currencies and geographies with the same fees as USD.
What you can do
1) USD deposits (virtual accounts)
Receive USD from your own bank/fintech/brokerage accounts. Certain third-party deposits are permitted (see Eligibility & guardrails). Fees: FedWire $20, ACH $2, SEPA $0.
2) IDR (Indonesian Rupiah) on/off-ramp
Fund with QRIS, Virtual Account (VA), or E-Wallet, and withdraw to bank.
Deposits (≤ IDR 10,000,000): QRIS Rp0, VA Rp3,000, E-Wallet 1.67%
Deposits (> 10,000,000 to ≤ 20,000,000): VA Rp3,000, E-Wallet 1.67%
Deposits (> 20,000,000): VA Rp3,000
Withdrawals ≤ IDR 250,000,000: Rp5,000, real-time processing
Withdrawals > IDR 250,000,000 and < 1,000,000,000: Rp35,000, processed Mon–Fri 08:00–15:00 WIB
Min/Max per transaction: IDR 20,000 min; IDR 1,000,000,000 max
Refund penalty (if a deposit is reversed): Rp5,000 + applicable redeem fee
3) Off-ramps to multiple currencies (beyond USD)
You can withdraw to supported local currencies in multiple geographies. Fees: Same as USD rails (e.g., FedWire $20, ACH $2, SEPA $0) where applicable; local network equivalents may map to these same fee tiers. Availability varies by destination country and bank network.
Eligibility & guardrails
KYC: Complete identity verification in-flow.
Name match (IDR): Bank account name must match your verified name; otherwise deposits are rejected and refunded (refund penalty applies).
Third-party deposits (USD):
Non-US residents:
First-party from your own accounts;
Third-party from a registered business;
Family member with the same surname;
Non-family up to $5,000 (above this may trigger EDD).
US residents:
First-party from your own accounts;
Third-party from a registered business domestic account.
Enhanced Due Diligence (EDD):
May be required when a single transfer exceeds $10,000 or when aggregated monthly deposits exceed $20,000.
If EDD is triggered, we’ll request Source of Funds and purpose via your registered email.
If documents aren’t received within 10 days, the transaction is rejected and funds are automatically refunded.
Processing windows (IDR):
Real-time for withdrawals ≤ IDR 250,000,000;
Office-hours processing (Mon–Fri 08:00–15:00 WIB) for larger amounts.
Unpaid requests (IDR): If a VA/QRIS/E-Wallet request isn’t paid within 24 hours, it’s auto-canceled.
Mis-routed VA payments (IDR): If a payment hits a VA under a different name, refunds are processed within 14 business days.
Notes
Fiat is not custodied by Defx; we orchestrate regulated rails and bank networks behind the scenes to complete your transfers.
KYC is collected and verified by our payment partners (USD via Noah; IDR via IDRX); their terms & conditions and eligibility rules apply to those services.
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