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The Smart Times Toronto
Home»Business»Investing
Investing

WhiteBIT expands institutional USD access through SWIFT partnership with BCB Group

Press RoomBy Press RoomOctober 29, 2026No Comments3 Mins Read
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The new payment rail enables KYB-verified corporate clients to deposit and withdraw USD through SWIFT with published transaction fees and no preset transfer limits.

WhiteBIT is teaming up with BCB Group to give its corporate clients a direct way to move US dollars in and out of the exchange over SWIFT.

BCB Group provides regulated banking infrastructure built for crypto companies.

Now that the integration is live, KYB-verified businesses on WhiteBIT can send and receive USD over SWIFT.

Their bank accounts plug straight into their crypto activity on the exchange.

The integration is now live. KYB-verified businesses on WhiteBIT can send USD to the exchange over SWIFT and withdraw it back to their bank the same way.

For companies already doing business in dollars, this cuts out a step. Most cross-border trade is settled in USD anyway.

Treasury teams can now move funds between their bank and the exchange directly, without converting through another currency or using a third-party service in between.

“Reliable access to USD liquidity is a cornerstone of institutional crypto adoption,” said Volodymyr Nosov, Founder and President of W Group, the parent group behind WhiteBIT.

“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,” he added.

The numbers explain why USD matters here. The dollar made up roughly half of all SWIFT payments by value in mid-2026, and around three-quarters of international payments once transfers inside the Eurozone are excluded.

For businesses dealing in crypto, that makes USD settlement hard to work around.

It’s usually the currency they need when converting digital assets into fiat or paying counterparties in other countries.

WhiteBIT’s new SWIFT rail is built for that kind of work: managing crypto revenue, holding corporate treasury balances, settling international payments, and handling transactions that mix traditional currencies with digital assets. 

Businesses can also convert crypto holdings and send the USD straight back into the banking system.

USD deposits and withdrawals through SWIFT carry a flat fee of 54 USD per transaction.

Fiat-to-crypto and crypto-to-fiat conversions are charged at a base rate of 0.1%, with individual pricing arrangements available for high-volume corporate clients.

WhiteBIT does not impose preset deposit or withdrawal caps on the new service.

Transfer capacity is assessed individually through Source of Funds verification, allowing transaction amounts to reflect each client’s approved profile.

Each USD deposit or withdrawal over SWIFT costs a flat 54 USD.

Converting between fiat and crypto in either direction carries a base fee of 0.1%, and corporate clients trading in high volumes can arrange individual pricing.

WhiteBIT does not impose preset deposit or withdrawal caps on the new service.

Transfer capacity is assessed individually through Source of Funds verification, allowing transaction amounts to reflect each client’s approved profile.

WhiteBIT is a global cryptocurrency exchange offering over 1,020 trading pairs, more than 360 digital assets and support for eight fiat currencies. Founded in 2018, WhiteBIT serves 10 million users across six continents and more than 150 countries.

The exchange is part of W Group, an international business ecosystem with more than 40 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Juventus FC and the Ukrainian national football team.

BCB Group provides regulated payment, wallet, and trading services for businesses operating with fiat currencies and digital assets.

Its clients include cryptocurrency exchanges, liquidity providers, market makers and payment processors. BCB supports more than 40 fiat and cryptocurrencies and offers 24/7 instant settlement through BLINC. The group is authorised in the UK, France, and Switzerland.

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