WhiteBIT launches SWIFT-based USD banking rail for corporate clients

Cryptocurrency exchange WhiteBIT has partnered with BCB Group to introduce a SWIFT-based USD banking rail for KYB-verified corporate clients. This integration allows businesses to deposit and withdraw US dollars directly through the exchange, connecting digital asset environments with traditional international banking infrastructure.

The service enables treasury teams to move funds between their bank accounts and WhiteBIT without the need for intermediaries or prior currency conversion. Each SWIFT transaction carries a flat fee of 54 USD, and while there are no preset deposit or withdrawal limits, all transfers remain subject to Source of Funds verification.

According to Volodymyr Nosov, Founder and President of W Group, the parent company of WhiteBIT, providing access to a globally recognized settlement rail is essential for institutional crypto adoption and efficient liquidity management.