Binance has announced a major reduction in fees for USD withdrawals via SWIFT bank transfer, aimed at improving accessibility and lowering costs for users.
Key details:
USD withdrawal fee (SWIFT): reduced from $60 → $25 per transaction
Effective immediately
Applies to both retail and corporate users
USD deposits via SWIFT remain free on Binance
Binance noted that while it does not charge fees for USD deposits, local banks may still apply their own processing charges.
