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Announcement on Adjustment of Business Account and Personal Account Remittance/Withdrawal Business

Published on 2023-08-07 Updated on 2025-08-29

Dear Users,
To assist our users in more convenient and lower-cost remittances and withdrawals, we are making adjustments to our remittance and withdrawal services. We are introducing a tiered fee structure for business accounts in addition to the existing tiered rates for personal accounts. The specific rules are as follows:

Tiered Withdrawal Fee Rate Rules for Business Accounts:
Business accounts participating in remittances or fiat withdrawals, reaching a certain amount per transaction, can enjoy corresponding fee rate discounts within that range, up to a 50% discount rate.

Specific fee requirements are as follows:

Single remittance/withdrawal amount (USD) Withdrawal fees Enjoy discounts Withdrawal and refund limit (compared to personal account)
200-2k 20USD not 0
2k-30w 0.80% 20% off 2k-10w：Refund 0.2%
10w-30w：Refund 0.1%
30w-50w 0.70% 30% off Refund 0.1%
50w-500w 0.60% 40% off 50w-100w：Refund 0.2%
100w-200w：Refund 0.1%
200w-500w：Refund 0
>500w 0.50% 50% off Refund: 0

Tiered Withdrawal Fee Rate Rules for Personal Accounts:
Personal accounts participating in remittances or fiat withdrawals, reaching a certain amount per transaction, can enjoy corresponding fee rate discounts within that range, up to a 50% discount rate.

Specific fee requirements are as follows:

Single remittance/withdrawal amount (USD) Withdrawal fees Enjoy discounts
200-2k 20USD not
2k-10w 1% not
10w-30w 0.90% 10% off
30w-100w 0.80% 20% off
100w-200w 0.70% 30% off
200w-500w 0.60% 40% off
>500w 0.50% 50% off

Download the app now for remittances/withdrawals

Adjustment Explanation and Service Terms:

  1. This adjustment applies to all BiyaPay users;
  2. Remittance/withdrawal fee discounts will be calculated based on the amount of each transaction, and fees will be directly deducted from the remittance/withdrawal amount;
  3. One real-name user can only use one account;
  4. Brokerage accounts are not eligible for business account withdrawal discounts and will follow personal account withdrawal discounts;
  5. All users must strictly adhere to BiyaPay service terms;
  6. We oppose cheating behaviors. If discovered and verified, BiyaPay reserves the right to take action;
  7. Biyapay has the final interpretation rights for this adjustment. If there are further adjustments, additional notices will be announced.

Thank you for your longstanding trust and support in BiyaPay.

About BiyaPay
BiyaPay is a global multi-asset trading wallet, using USDT as a medium, offering ‘USDT deposit to exchange for USD’. It supports the exchange of more than twenty fiat currencies and over ten cryptocurrencies, providing users with a safer and faster international remittance service. It also ‘supports USDT trading of U.S. and Hong Kong stocks’, where users can engage in real-time stock trading without the need for an offshore account, allowing for immediate deposits and withdrawals. A single account and one investment can give you access to global, U.S., and Hong Kong stock markets.

BiyaPay
August 7, 2023