Receive Money
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      1. Aspire FAQs
      2. USD Account
      3. Receive Money

      What are the fees and rates for incoming transfers to the Aspire USD Account?

       

      If you're using Local account details

      • Local transfers within the US are through ACH or ABA/Fedwire, there is no fee for these transfers. 

      If you're using SWIFT account details

      • Transfers from outside the US that are USD to USD using SWIFT payment will incur a USD 8.00 fee. 
        Note: if you receive a transfer from within the US using the SWIFT network, you will also be charged a USD 8.00 fee.
      • Transfers that convert into another currency other than USD will be converted at the best rates, which are up to 3x cheaper than banks. These transfers will also incur a USD 8.00 fee.

      Here is the list of countries you can receive from.

      Important notes:

      - SWIFT transfers may involve intermediary/correspondent banks fees that may be deducted from the received amount. This fee varies based on the correspondent banks used by SWIFT network and can be between $7 - $60. You are unable to select the intermediary bank. 

      - Transfers are subjected to compliance checks.

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