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Binance suspends USD (SWIFT) bank deposit/withdrawal for 145 countries

Tuesday, 7 February 2023, 3:36 pm
in News
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Binance backs out of deal to rescue rival cryptocurrency exchange, FTX
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Crypto exchange Binance has suspended USD (SWIFT) bank deposit/withdrawal channel for 145 countries.

This is according to a recently updated frequently asked questions on its website.

The company said that “fund transfers from the below list of countries will be rejected and returned to the sender’s wallet.”

It added that “The amount returned will be net of any administrative fees incurred.”

Binance noted that the return period could take 8 to 20 business days depending on the country.

Here are the countries as listed by Binance:

  1. Afghanistan
  2. Albania
  3. Algeria
  4. Angola
  5. Anguilla
  6. Antigua & Barbuda
  7. Armenia
  8. Aruba
  9. Austria
  10. Azerbaijan
  11. Bangladesh
  12. Barbados
  13. Belarus
  14. Belgium
  15. Belize
  16. Benin
  17. Bhutan
  18. Bolivia
  19. Bosnia-Herzegovina
  20. Botswana
  21. Brazil
  22. Burkina Faso
  23. Burundi
  24. Cambodia
  25. Cape Verde
  26. Caribbean Netherlands
  27. Cayman Islands
  28. Central African Republic
  29. Chad
  30. Chile
  31. China
  32. Colombia
  33. Comoros
  34. Congo (Brazzaville)
  35. Congo, Dem. Rep.
  36. Costa Rica
  37. Cote d’Ivoire
  38. Croatia
  39. Cuba
  40. Curacao
  41. Cyprus
  42. Democratic Republic of the Congo
  43. Djibouti
  44. Dominica
  45. Dominican Republic
  46. Ecuador
  47. Egypt
  48. El Salvador
  49. Equatorial Guinea
  50. Eritrea
  51. Gabon
  52. Gambia
  53. Ghana
  54. Grenada
  55. Guatemala
  56. Guinea
  57. Guinea-Bissau
  58. Guyana
  59. Haiti
  60. Honduras
  61. Iceland
  62. Indonesia
  63. Iran
  64. Iraq
  65. Jamaica
  66. Japan
  67. Jordan
  68. Kenya
  69. Korea, North
  70. Kosovo
  71. Kyrgyzstan
  72. Laos
  73. Latvia
  74. Lebanon
  75. Lesotho
  76. Liberia
  77. Libya
  78. Luxembourg
  79. Macao
  80. Macedonia
  81. Madagascar
  82. Malawi
  83. Malaysia
  84. Maldives
  85. Mali
  86. Malta
  87. Mauritania
  88. Mauritius
  89. Mexico
  90. Moldova
  91. Mongolia
  92. Montenegro
  93. Morocco
  94. Mozambique
  95. Myanmar
  96. Nepal
  97. Netherlands
  98. Netherlands Antilles
  99. New Caledonia
  100. Nicaragua
  101. Niger
  102. Nigeria
  103. Pakistan
  104. Palestinian Territories-West Bank/Gaza
  105. Panama
  106. Papua New Guinea
  107. Paraguay
  108. Peru
  109. Philippines
  110. Qatar
  111. Réunion
  112. Russia
  113. Saint Martin (France)
  114. Saudi Arabia
  115. Senegal
  116. Serbia
  117. Seychelles
  118. Sierra Leone
  119. Slovakia
  120. Somalia
  121. South Korea
  122. South Sudan
  123. St. Lucia
  124. St. Vincent & the Grenadines
  125. Sudan
  126. Sudan (North)
  127. Swaziland
  128. Syria
  129. Tanzania
  130. The Bahamas
  131. The Philippines
  132. Togo
  133. Trinidad & Tobago
  134. Tunisia
  135. Turkey
  136. Turkmenistan
  137. Turks & Caicos Islands
  138. Uganda
  139. Ukraine
  140. Uruguay
  141. Vanuatu
  142. Venezuela
  143. Vietnam
  144. Yemen
  145. Zimbabwe
Binance said that for the countries not listed above, the USD (SWIFT) channel will remain available.
Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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