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Guide to Receiving Local Transfers to Aspire GBP Account
Guide to Receiving Local Transfers to Aspire GBP Account
Updated over 3 months ago

Accessing Your Local GBP Account Details

You can receive local transfers to your Aspire GBP account by using the bank details listed in your Local Account Details. You can use these account details to receive GBP transfers from United Kingdom via FPS (Faster Payments Service) or CHAPS (Clearing House Automated Payment System).

Admin users need to activate the GBP Account first before using it to receive transfers. After activation, Admin and Finance users can share the account details with the sender by following the steps below:

  1. On your Aspire dashboard, click "Funds" in the left navigation bar (web app) or click "Menu" and choose "Funds" (mobile app).

  2. Select your GBP Account

  3. Click on "View account details"

  4. Select "Local Details"

Notes:

  • We are not able to receive ELECTRONICS FUNDS TRANSFER (EFT)

  • Your Aspire GBP Account under CurrencyCloud is unable to send or receive crypto-related transfers.

Additional details for receiving transfers to your GBP Local account details:

Account Name

Your company name

Account number

Your account number seen in-app

Bank Name

The Currency Cloud Limited

Sort code

041404

Bank Address*

12 Steward Street, The Steward Building, London, E1 6FQ, GB

Beneficiary Address

You can share your business address

Note: We partner with The Currency Cloud Limited to collect the money locally in the UK. Your GBP funds are held with DBS in Singapore.

Transfer Fees

Receiving local transfers via FPS or CHAPS is free!

Funds Arrival Time

Incoming GBP transfers (from the United Kingdom) sent to your local GBP account details typically take up to 1-2 business days.

Notes:

  • Please note that all transfers go through compliance checks by our team or partners, which might cause delays in receiving the funds. Our team might email Admin and Finance users for additional details or documents needed to process your transfer. While we strive to complete these reviews quickly, we can't provide an exact timeline for when you will receive the funds, as weekends, public holidays, and banking hours might also affect the timing. We appreciate your understanding and patience regarding any potential delays.

  • When sending funds to your account for the first time or receiving investment/funding, it is recommended to notify us in advance and share supporting documents through this form.

Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.






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