Binance Enables USD Withdrawals via SWIFT with BPay Global

2 mins mins

Key Points:

Binance facilitates USD withdrawals through SWIFT by BPay Global.
Enhances global accessibility for Binance users.
Supports high-dollar transactions, boosting user trust.

Binance has introduced USD withdrawals via SWIFT transfers in over 70 countries, facilitated by BPay Global, a licensed subsidiary in Bahrain, enhancing cross-border fiat-crypto transactions.

This move aligns with Binance’s strategy to lower crypto access barriers, offering global users efficient financial services while marking a significant step in the fintech-crypto convergence.

Binance Uses SWIFT for Expansive USD Withdrawal Service

Binance has partnered with BPay Global, a subsidiary established in Bahrain, to facilitate SWIFT-based USD withdrawals. The service spans over 70 countries and aims to streamline the process for users globally. BPay Global, licensed by the CBB, provides this service with a transaction timeframe of up to five business days.

The shift enables high-volume transactions of up to $50 million daily and $13 million per individual transaction, significantly benefiting Binance’s users by offering a robust fiat-to-crypto on-ramp. This integration is expected to lower costs and ease access to cryptocurrencies for users worldwide.

Did you know? BPay Global’s partnership with BBK marks a significant milestone as it becomes the first bank in the Gulf Cooperation Council to join Binance’s Link Program, boosting regional crypto services.

How Binance’s Strategic Moves Affect Crypto Markets

Did you know? BPay Global’s partnership with BBK marks a significant milestone as it becomes the first bank in the Gulf Cooperation Council to join Binance’s Link Program, boosting regional crypto services.

According to CoinMarketCap, Bitcoin (BTC) currently trades at $95,371.25, with a market cap of $1.91 trillion and a dominance of 58.90%. Despite a 12.61% drop over 90 days, BTC posted a 5.41% increase in the past week. It displays stable growth patterns contrary to short-term trade volume declines.

bitcoin-daily-chart-5697 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 19:07 UTC on January 17, 2026. *Source: CoinMarketCap*

Coincu research indicates that Binance’s strategic fiat-crypto gateway could impact regulatory landscapes, fostering more inclusive financial systems while navigating potential compliance challenges. Historical trends suggest platforms offering seamless fiat-to-crypto conversions tend to drive adoption and market maturity, enhancing liquidity and user engagement.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.