The new service allows users to link their SGB accounts directly to Binance Bahrain, enabling instant deposits and withdrawals in USD.
Customers can convert fiat to crypto in a single, compliant flow. This will make digital asset access faster and easier than ever. Availability depends on eligibility and local regulations. Letโs discover more about Binance.
Instant, Seamless Transactions
The collaboration allows retail users to perform bank-grade USD transfers that were previously available mainly to corporates and high-net-worth individuals. Linking accounts is straightforward and handled securely behind the scenes, allowing customers to start trading with minimal setup. Once connected, funds move between SGB accounts and Binance wallets in seconds. This will provide a smooth experience for buying, selling, or trading crypto.
A real-world example is a customer in Bahrain who wants to buy Bitcoin with USD. Previously, they might have relied on third-party services or waited days for a bank transfer to clear. Now, with SGB Link, their money can reach Binance instantly, ready to trade or invest, with fewer intermediaries and clearer pricing. This reduces friction and helps users take advantage of market opportunities as they arise.
๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐ฎ๐ป๐ฑ ๐ฆ๐๐ ๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ ๐๐ผ ๐๐ฎ๐๐ป๐ฐ๐ต ๐๐ถ๐ฟ๐ฒ๐ฐ๐ ๐จ๐ฆ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฅ๐ฒ๐๐ฎ๐ถ๐น ๐๐๐๐๐ผ๐บ๐ฒ๐ฟ๐@binance Bahrain and Singapore Gulf Bank (SGB) have partnered to deliver direct USD transfers for retail customers, making it easier andโฆ pic.twitter.com/1llnlx4AwC
โ Singapore Gulf Bank (@SGB_app) September 9, 2025
Shawn Chan, CEO of SGB, added that SGB Link provides a trusted and efficient bridge between traditional banking and crypto markets, making it easier for retail users to access digital assets while maintaining regulatory confidence. The initiative underscores a growing trend in the GCC and beyond, where banks are partnering with crypto exchanges to expand access for everyday investors.
More About Binance
Binance Alpha will be the first platform to feature ARAI (AA) on September 12. Eligible users will be able to claim their airdrop using Binance Alpha Points on the Alpha Events page as soon as trading opens.
Get ready! Binance Alpha will be the first platform to feature ARAI (AA) on September 12.
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.
Please stay tuned to Binanceโsโฆ pic.twitter.com/yb9VBZjI99
โ Binance Wallet (@BinanceWallet) September 10, 2025
Binance has confirmed that additional details about the distribution and eligibility criteria will be shared soon, giving users a clear roadmap to participate in the launch.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
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