Through our partner Wise, Aspire allows our clients to send monies internationally by converting our client's overseas payments instructions into 2 discrete local transactions. In place of a single swift transaction, a local transaction of SGD within Singapore and then a subsequent local transaction of the foreign currency in its home country to the intended recipient helps our clients save on time/fees when making international transfers.
Find here a range of currencies here that we support sending out locally via Wise for Businesses:
|CURRENCY NAME||HOME COUNTRY|
|UAE Dirham||UNITED ARAB EMIRATES|
|Costa Rican Colon||COSTA RICA|
|Czech Koruna||CZECH REPUBLIC|
|Pound Sterling||UNITED KINGDOM|
|Hong Kong Dollar||HONG KONG|
|New Israeli Sheqel||ISRAEL|
|Won||KOREA (THE REPUBLIC OF)|
|Sri Lanka Rupee||SRI LANKA|
|New Zealand Dollar||NEW ZEALAND|
|Russian Ruble||RUSSIAN FEDERATION|
|US Dollar||UNITED STATES|
|CFA Franc BCEAO||WEST AFRICA|
* When sending JPY to Japan, make sure of the following:
- The 'Full name of the account holder' must match exactly what is on their bank account
- Enter Katakana characters in the recipient name filed if the recipient's details are registered in Katakana with the beneficiary bank
Through Wise, we also allow our client to send out 3 main currencies (USD/EUR/GBP) outside their home countries. Instead of 2 local transactions, this will be a local transaction combined with an outgoing SWIFT sent out from its home country i.e. USD SWIFT sent from USA.
Find here a list of the countries that you can send USD to: USD list ,
Find here a list of the countries that you can send EUR to: EUR list ,
Find here a list of the countries that you can send GBP to: GBP list .
For alternative payment methods to currencies outside of Wise's acceptance, please refer to article here