Dear Users,
To facilitate more convenient remittances for our users, we are planning to adjust the remittance rates and implement a month-long promotion:
Promotion Period: May 26 to June 26
The rules for the promotion are as follows:
1. Remittance fee cashback rules and corresponding remittance amount requirements
| Return rate proportion (%) | Return request | Comprehensive remittance rate (%) |
|---|---|---|
| 0 | Complete real name registration and remit a total amount of less than $500000 during the event period | 1 |
| 20 | Total remittance amount during the event period ≥ 50000 US dollars | 0.8 |
| 30 | Total remittance amount during the event period ≥ USD 100000 | 0.7 |
| 40 | Total remittance amount during the event period ≥ 200W USD | 0.6 |
| 50 | Total remittance amount during the event period ≥ 500W USD | 0.5 |
2. Remittance Amount:
The amount will be calculated based on the exchange rate against USD at the time of remittance. The total remittance volume of all currencies during the promotion period will be settled after the event. For instance, if a user remits USD, HKD, and THB during the promotion period, the platform will convert each remittance into USD based on the exchange rate at the time of remittance, and then calculate the total remittance volume after the promotion ends.
3. Fee Refund Rules:
Fee calculation formula: Fee = Fee Rate × Withdrawal Amount. Total refundable fee = Total Fee × Refund Rate Proportion. For example, if User A withdraws a total of 800,000 USD, the platform will charge a fee of 800,000 USD × 1% = 8,000 USD, and A will receive a refunded fee of 8,000 USD × 20% = 1,600 USD; if User B withdraws a total of 8,000,000 USD, the platform will charge a fee of 800,000 USD × 1% = 80,000 USD, and B will receive a refunded fee of 80,000 USD × 50% = 40,000 USD.
Promotion Description:
For inquiries, please contact customer service:
Customer Service Email: service@biyapay.com
Customer Service Telegram: @biyapay001
Telegram Chinese Group: https://t.me/biyapay_ch
About BiyaPay
BIYA Global (BiyaPay) is a one-stop digital financial service platform for global payments and investments, centered around users, offering a range of financial products including U.S. stocks, Hong Kong stocks, and wealth management. Features include rapid account opening, zero threshold for deposits, in-depth market analysis, stock trading, currency exchange, market conversions, and real-time information. A single account and one investment can access global U.S. and Hong Kong stock markets, making global investment easier, simpler, and safer.
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BiyaPay
May 26, 2023
*This article is provided for general information purposes and does not constitute legal, tax or other professional advice from BiyaPay or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or warranties, express or implied, as to the accuracy, completeness or timeliness of the contents of this publication.



