Transfers and withdrawals offer different options for moving assets on Anchorage Digital. Both are supported for USD and digital assets — the key difference is the level of approval required.
Transfers
Move money without requiring quorum approval, making them ideal for recurring or high-frequency flows. Supports both internal and external addresses.
To enable transfers, pre-configuration is required: add a trusted destination and link the appropriate API permissions.
Withdrawals
Always require quorum approval, giving you granular control over each transaction via vault-specific quorum policies.
Assets supported
| Internal transfer API | External transfer API | Withdrawal API |
|---|
| Digital assets | Yes | Yes | Yes |
| USD | Yes | No | No |
Feature comparison
| Internal transfer | External transfer API | Withdrawal API |
|---|
| Destinations | Wallets within Anchorage Digital | Trusted destinations only | Any external address |
| API permission group connection required | No | Yes | No |
Deduct network fee from transfer amount (deductFeeFromAmountIfSameType) | Yes | Yes | No |
| Quorum required (per request) | No | No | Yes |
| AML questionnaire required (full AML) | No | No | Yes |
AML questionnaire required (reduced useTrustedDestinationAml) | No | Yes | Yes |
| Gas station supported | Yes | Yes | Yes |
Asset memos supported (assetParameters) | No | Yes | Yes |
Source and destination options
| Operation | Source | Destination |
|---|
| Withdrawal | WALLET, VAULT* | ADDRESS |
| Internal transfer | WALLET, VAULT* | WALLET, VAULT* |
| External transfer | WALLET, VAULT* | ADDRESS |
Use WALLET over VAULT as the source and destination for transfers. When a VAULT is specified, the logic automatically selects the first-created wallet in the vault for the token being transferred — even if that wallet has been archived. Only use VAULT as source or destination when a single wallet per token type is maintained in the vault.
