Adding funds
There are several ways to add funds to Sovra, so you can choose whatever suits you. There is no minimum, so you can start with any amount, and each method lands as digital dollars in your balance, in your custody from the moment they arrive. Tap Add funds on your home screen to begin, then pick the method that works for you below.
Wallet Transfer
Receive from another crypto wallet, instantly. If you already hold digital dollars in a crypto wallet, you can move them into Sovra in moments, and this works wherever you are in the world. Sovra gives you your own address, and anything sent to it arrives as digital dollars in your balance, usually in seconds. The network charges a small fee for every transaction, and Sovra covers it, so it is free for you.
What to do: 1. Tap Add funds, then choose Wallet Transfer. 2. Copy your Sovra address, or show the QR code. 3. In the wallet you are sending from, select the correct network and token, then paste your Sovra address or scan the QR code. 4. Enter the amount and confirm.
Cash Transfer
Deposit cash via trusted local partners. In selected markets you can turn cash into digital dollars through a trusted local partner, using the payment methods available in your country. The first time you use this, you complete the cash transfer check covered in section 3. You choose how much you want, pay the local partner the amount shown, and once Sovra confirms your payment the digital dollars arrive in your balance.
What to do: 1. Verify your identity if you have not already. 2. Tap Add funds, then choose Cash Transfer. 3. Enter the amount you want to deposit, review the total to pay including the conversion fee, then continue. 4. Your digital dollars are reserved, and you are shown an order reference and the number to send your payment to. 5. Open the local partner's app, send the exact amount to that number, and put only the order reference in the notes section, with nothing else added. 6. Go back to Sovra and confirm you have paid. 7. To add more detail about your payment, tap "missing info in your payment" and enter your transfer ID from the partner app. 8. Sovra verifies your payment, and your digital dollars arrive once it is confirmed.
Sovra Transfer
Receive from another Sovra user. You choose how much you want to receive and send the Sovra user a request, and once they accept it the money lands in your balance in seconds and for free.
What to do: 1. Tap Add funds, then choose Sovra Transfer. 2. Enter the amount you want to receive. 3. Choose who you are requesting from, then send your request.
Bank Transfer
Available in selected countries once you have completed the bank transfer check, this gives you your own account details that work like a normal bank account, by SEPA in Europe and ACH or Wire in the US. Share them with whoever is paying you, your employer, a family member, a client, and use them exactly as shown in the app so the transfer is matched to your account. When the money arrives, a licensed banking partner converts it and it settles in your balance as digital dollars. Your details support several currencies, so someone in the UK or Europe can pay you in a way that feels local to them.
What to do: 1. Complete the bank transfer check if you have not already. 2. Tap Add funds, then choose Bank Transfer. 3. Choose the currency you want to receive in, and share the account details shown. 4. Bank transfers typically settle in up to two business days.
