MEXC opens USD Bank Transfer via SWIFT & Fedwire for Europe and North America.

Dear MEXCers, MEXC has launched the Global Bank Transfer Program for USD deposits via the SWIFT & Fedwire transfer networks, effective from 7th of June 2022 13:00 (UTC).

USD Deposit via SWIFT & FedWire on MEXC

How this benefits our users worldwide?

Starting from now, SWIFT and Fedwire bank transfer options will help users to deposit funds directly to their MEXC account avoiding additional fees and exchange rates.

This action will greatly improve the ease of access for MEXC clients globally. MEXCers now can purchase crypto with a 0% transaction fee in over 170 countries including such important regions as Europe and North America. Moreover, the transaction will be settled within just 2 working days, offering affordability and convenience to users. (Official Announcement)

Now through the direct deposit of funds through SWIFT and Fedwire, the convenience of the system has been further enhanced and users have a world-class trading experience.  This simplified process has allowed MEXC to accelerate the globalization of crypto trading.

How to deposit USD via bank transfer?

To perform this type of deposits users will need to pass Advanced KYC. Here you will find the detailed guide for process:

SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. Simply put, SWIFT is a global payments system, which is used by more than 11,000 financial institutions and companies around the world, across over 200 countries.

Fedwire refers to a real-time gross settlement system of central bank money used by Federal Reserve (Fed) banks to electronically settle final U.S. dollar payments among member institutions. 

MEXC Footnote

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The content of this webpage is not investment advice and does not constitute an offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives, and specific financial circumstances. Investment involves risk.

Please note that the information and data above are cited from third-party sources & whitepapers and do not represent MEXC. Please refer to direct sources for more details. This is not financial advice and does not constitute an offer or solicitation to offer or recommend any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives, and specific financial circumstances. Investment involves risk.

This disclaimer informs readers that the MEXC Creator’s content, views, thoughts, and opinions expressed in the articles belong solely to the creators and authors, and not to MEXC Global itself. MEXC Global doesn’t give any investment recommendations or advice.

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