How long does it take for fiat currency withdrawal/remittance to arrive?

BiyaPay
Published on 2024-09-12 Updated on 2025-05-19

After you submit the remittance, we will process your order as soon as possible, and it will generally arrive on the same day (working day). The arrival time of your remittance depends on the following four aspects:

1.Country and currency of remittance

The currency of each country or region is different. Generally, the arrival speed of domestic or local currency is faster. For example, if you transfer US dollars to a US bank account, Singapore bank account in Singapore dollars, or Hong Kong bank account in Hong Kong dollars, the money will generally arrive on the same day (working day). If you use a currency other than the country or region, the arrival speed will be relatively slow. For example, if you transfer Singapore dollars to a US bank account, US dollars to a Singapore bank account, or US dollars to a Hong Kong bank account, the money will generally arrive on the same day or the next day (working day).

2.Payment method

When you bind a bank account, different payment methods will display the time it takes for the remittance to arrive, such as US SWIFT with a time limit of 1 to 3 working days, ABA with a time limit of 0 to 1 working day, and ACH with a time limit of 0 to 1 working day.

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3.Working hours

We and the bank can only accept your remittance order during working hours and business hours. The business hours of banks in each country or region are different. However, if you submit the remittance order before 5pm Singapore time, we will remit it to you on the same day. Otherwise, we will probably remit it to you on the second working day. If it falls on a Saturday, Sunday, or a statutory holiday in the country where you are making the remittance, the time for your remittance to arrive will also be extended.

4.Bank review

The speed of remittance arrival also depends on the speed of the bank’s processing of your funds. If the bank’s review is extended, the arrival time of your remittance will also be extended, and we cannot confirm when the payment will arrive. Your recipient’s bank needs to handle it.