Bitfinex partnered with Hong Kong Bank of Communications.
Payments will be made through a private account of Prosperity Revenue Merchandising Limited.
Citibank acts as a correspondent bank when transferring funds from Bank of Communications to the USA. Wells Fargo also performed the same role for Bitfinex partners in Taiwan before suspending the processing of iFinex Inc. services. and Tether Ltd. in April 2017.
At the same time, Tether Ltd. has entered into an agreement with the Bahamian Deltec Bank. Operators of some OTC platforms also expressed a desire to open accounts with this bank for direct cooperation with the issuer USDT.