The receiving bank account refers to the bank account bound when the user withdraws fiat currency from BiyaPay to the bank account. When the user withdraws fiat currency from BiyaPay, the bank account filled in is the receiving bank account, which will receive the fiat currency funds withdrawn from BiyaPay.

How to bind the recipient's bank account?

1. There are two ways to bind the recipient's bank account:

• Click the avatar in the upper left corner of the APP homepage to enter [Personal Center], select [Payee Management], and add the recipient information

• Select the [Remittance] page at the bottom of the app, click [Remit to Myself] and [Remit to Others], and add the recipient information.

1. Add a payee, and choose from three modes of receiving bank accounts: [Myself], [Others], and [Business]:

• Select [Remit to Myself], fill in the bank account information and personal information as required, and then click Submit

• Select [Send money to others], fill in the other person's bank account information, personal information and upload the recipient's ID card or passport as required, then click Submit

• Select [Remit to Business], fill in the bank account information and company information as required, and then click Submit