WhiteBIT Opens USD Transfers Over SWIFT for Corporate…
By Karthik Subramanian
AI summary of the source article
WhiteBIT has partnered with BCB Group to enable KYB-verified corporate clients to deposit and withdraw US dollars directly over SWIFT. The service charges a flat 54 USD fee per transfer with no preset caps.
Why it matters
According to Volodymyr Nosov, Founder and President of W Group, "By offering SWIFT-based USD transfers, we're providing businesses with a globally recognised settlement rail to manage liquidity more efficiently and scale across markets."
Key facts
- WhiteBIT partnered with BCB Group to offer SWIFT-based USD deposits and withdrawals for KYB-verified corporate clients.
- Each SWIFT transaction carries a flat 54 USD fee, with fiat-to-crypto conversions starting at 0.1%.
- There are no preset deposit or withdrawal limits, with transfer capacity determined through individual Source of Funds verification.
Source excerpt · FinanceFeeds
KYB-verified businesses can now deposit and withdraw dollars over SWIFT, with published fees and no preset transfer limits. WhiteBIT has partnered with BCB Group, a regulated provider of banking infrastructure for crypto companies, to let corporate clients move US dollars in and out of the exchange over SWIFT . The service is live now. KYB-verified businesses can wire USD to WhiteBIT and send it b…