Binance now allows users to withdraw USD directly via bank transfer (SWIFT).
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TL;DR
Binance now enables direct USD withdrawals via SWIFT bank transfers through its BPay service, with transfers taking 0-5 business days. This follows a partnership with Bahrain Kuwait Bank, enhancing crypto services in the Gulf region.
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YBinanceUSD withdrawalSWIFTBPayBahrain Kuwait Bank
According to Mars Finance, on January 17th, Binance platform information shows that the platform now supports users to directly withdraw US dollars (USD) via bank transfer (SWIFT). This service is provided by BPay, and the transfer takes 0-5 business days to complete. BPay Global is one of Binance's entities in Bahrain, a payment services subsidiary of Binance, newly established in April 2025 and granted a CBB Payment Service Provider (PSP) license. According to an official Binance announcement on January 15th, Bahrain Kuwait Bank (BBK), a leading retail and corporate banking institution in Bahrain, has signed a memorandum of understanding with Binance Bahrain, becoming the first bank in the Gulf Cooperation Council to join the Binance Link program. This collaboration will leverage Binance's "Crypto-Service" technology solutions to bring customers an unprecedented innovative experience.