MEXC, a well-known cryptocurrency exchange, has launched USD Bank Transfer support via SWIFT. With this facility, MEXC is allowing users to deposit and withdraw US dollars directly from their bank accounts. This will remove the need for P2P trading. Users can access the service through MEXC’s fiat deposit page. The exchange has announced this update via its official X account.
USD Bank Transfer (SWIFT) is now live on MEXC! 💵
Deposit and withdraw USD directly between your bank account and MEXC, securely and conveniently.
0-fee USD deposits. ✅
Start now. 👉 https://t.co/MbWIcUSWeC pic.twitter.com/nS7JJzorA1
— MEXC (@MEXC) September 30, 2026
MEXC Offers Zero-Fee USD Deposits
The astonishing fact about this new feature is that USD deposits made through SWIFT carry no exchange fees. However, the feature is available to eligible users in supported regions. The withdrawal fees, where applicable, are displayed on the withdrawal page.
To make a deposit, users need to select USD as their fiat currency. Then, choose Bank Transfer (SWIFT) as the payment method. They can then copy the beneficiary bank details provided by MEXC and initiate the transfer through their own bank. MEXC said deposits are generally credited within one business day. However, processing times can vary depending on intermediary banks.
Users need to confirm that the service is available in their region or not. It is better to review MEXC’s latest terms, fees, and transfer requirements before initiating a transaction.
SWIFT Transfers Expand Fiat Access
USD withdrawals are also supported by MEXC. The exchange allows users to transfer funds from their MEXC fiat accounts back to their bank accounts. Applicable fees are displayed during the withdrawal process.
Access to the service depends on user eligibility. The user’s proof of identity or address must originate from a supported country or region. The addition of this useful feature gives MEXC users another option for moving larger amounts of fiat to and from the exchange.
Other major cryptocurrency exchanges are also providing USD bank transfer options through SWIFT or banking partners. However, the availability, fees, processing times, and eligibility requirements vary by platform and jurisdiction.