How long does fiat currency withdrawal/remittance take?

After you submit the remittance, we will process your order as soon as possible, Funds will typically arrive within 1 to 3 business days. Your remittance arrival time depends on the following 4 aspects:

1. Remittance Country and Currency

Each country or region has different currencies. Generally, local or domestic currencies arrive faster. For example, remitting USD to US bank accounts, SGD to Singapore bank accounts, HKD to Hong Kong bank accounts, will generally arrive on the same day (working day); if using currencies from other countries or regions, the arrival speed will be relatively slower. For example, remitting SGD to US bank accounts, USD to Singapore bank accounts, USD to Hong Kong bank accounts, will generally arrive on the same day or the next day (working day).

2. Payment Method

When you bind a bank account, the arrival times for different payment methods will be displayed. For example, US SWIFT takes 1 to 3 working days, ABA takes 0 to 1 working day, ACH takes 0 to 1 working day.

How to check how long fiat currency withdrawal/remittance takes on App:

Please check on the [Select Payment Method] page when binding a recipient account on the BiyaPay [Remittance] page.

How to check how long fiat currency withdrawal/remittance takes on Web:

Please check on the [Select Payment Method] page when binding a recipient account on the BiyaPay [Remittance] page.

3. Working Hours

We and banks can only process your remittance orders during working hours and business hours. Each country or region has different bank business hours, but generally if you submit a remittance order before 5 PM Singapore time, we will remit it on the same day, otherwise it will likely be remitted on the second working day. If it encounters weekends or legal holidays in the country where you are remitting, your remittance arrival time will also be extended.

4. Bank Review

The speed of remittance arrival also depends on how fast the bank processes your funds. If bank review is extended, your remittance arrival time will also be extended, and we cannot confirm when the funds will arrive, as it requires processing by the recipient’s bank.