Why doesn't fiat withdrawal arrive on the same day?

Fiat withdrawal may not arrive on the same day due to the following reasons:

1.Late submission time:

• If you submit a withdrawal request after bank business hours, it may be delayed to the next working day

2.Bank review process:

• Banks may conduct additional reviews for large or first-time transactions
• Review time usually takes 1-3 working days

3.Weekends and holidays:

• Banks do not process transfers on weekends and holidays
• Requests submitted during these times will be postponed to the next working day

4.Intermediary bank processing:

• Cross-border remittances need to go through multiple intermediary banks
• Delays in any step may affect arrival time

5.Receiving account information verification:

• Banks may need additional time to verify receiving account information
• Incorrect information may cause returns or delays

6.Anti-Money Laundering (AML) review:

• Transactions that trigger risk control systems require compliance review
• May require additional supporting documents

Recommendations:

• Please wait patiently for 1-3 working days
• If it has not arrived after 3 working days, please contact BiyaPay customer service for inquiry