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WhiteBIT Adds Corporate Dollar SWIFT Service Through BCB Partnership

Businesses that pass KYB checks pay $54 per SWIFT transfer. Fiat-to-crypto conversion carries a 0.10% base fee.

A silver coin rests between two miniature bank counters / TokenPost.ai
A silver coin rests between two miniature bank counters / TokenPost.ai

WhiteBIT announced Tuesday, Oct. 27, at 10:40 a.m. ET (14:40 UTC), a partnership with BCB Group to open SWIFT dollar transfers to business account holders who complete Know Your Business (KYB) checks. The service covers deposits and withdrawals in U.S. dollars.

After verification, businesses can manage funding, currency conversion and withdrawals through a WhiteBIT account. Each SWIFT deposit or withdrawal carries a $54 fee, while the base fee for conversion between fiat and crypto is 0.10%. There is no preset transfer cap; capacity is set for each company after a review of its profile and source-of-funds documents. High-volume clients can request custom terms.

Volodymyr Nosov, founder and president of W Group, which includes WhiteBIT, said: “Reliable access to USD liquidity is a cornerstone of institutional crypto adoption.”

WhiteBIT’s July 7, 2026, announcement for USD transfers over SWIFT listed deposits from $200 to $50,000 with a $100 fee. It listed withdrawals from $1,000 to $50,000 with a limited-time $20 fee.

SWIFT carries payment instructions between financial institutions, which process payments and credit recipient accounts. In September 2026, the U.S. dollar represented 49.63% of payment value measured on the network. Its share was 58.83% when payments within the Eurozone were excluded. These figures cover payment messages tracked on SWIFT, not all global payment activity.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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