All Collections
Sending & Receiving Transfers
USD Account
Receiving transfers
Guide to Receiving International Transfers to Aspire USD Account
Guide to Receiving International Transfers to Aspire USD Account
Updated over a week ago

Accessing Your USD SWIFT Account Details

Admin users must activate the USD Account details to receive and store transfers to the Aspire USD Account.

Once activated, Admin and Finance users can share the account details with the sender by following the guide below:

  1. Login to your Aspire account

  2. Click on "USD Account" under Accounts

    Screenshot-2024-03-14-161539

  3. Click on "See SWIFT details" under the SWIFT Account Details tab

    Screenshot-2024-03-16-145323

  4. Click on "Share details"

  5. Choose whether you want to "Download official letter" or "Copy payment instructions". Either way, you can share the local account details with your sender!

Notes:

  • We are not able to receive ELECTRONICS FUNDS TRANSFER (EFT) & crypto-related transfers.

  • Clearing Code is not required when making SWIFT transfers to your USD SWIFT Account Details. Your clients can transfer money to your SWIFT account details using your IBAN number and SWIFT Code.

  • To avoid double conversion, when receiving from HSBC, please request the sender to add "Do Not Convert" in the payment reference field. However, this instruction is followed only on a best endeavours basis by the sending and intermediary banks. We do not have any control over any of these banks auto-converting the funds to GBP.

Additional details for receiving transfers to your USD SWIFT account details:

To ensure that your SWIFT transfer is successfully received into your account, you can download a guide on the SWIFT payment format by clicking this link. This guide can be shared with your sender to provide them with the necessary information for a smooth transfer.

Account Name

Your company name

Account number/IBAN

Your account number is seen in-app

Bank Name

The Currency Cloud Limited

SWIFT Code**

TCCLGB3L or try TCCLGB3LXXX

If the sender cannot recognize the SWIFT Code, the sender can manually fill the details and proceed with the transfer.

Sort Code

041404

Bank Address*

12 Steward Street, The Steward Building, London, E16FQ, GB

Beneficiary Address

You can share your business address

Intermediary /Correspondent Bank

Can view this list

Notes:

  • *We partner with The Currency Cloud Limited to collect the money locally in the UK. Your USD funds are held with DBS in Singapore.

  • **If your sender confirms that their sending bank cannot recognize your SWIFT code, please chat with our support team in-app and provide the following details:

    • Sending bank's name:

    • Sending bank's SWIFT Code:

    • Country where the sending bank is based:

    Our team will coordinate with our partner bank to reach out to the said sending bank. In the meantime, our Customer Support team will provide you with alternative account details to receive your funds. Please allow our team to get back to you within 24 hours.

Intermediary Bank Details

A sender typically has the option to input an intermediary bank when doing a SWIFT transfer to your SWIFT SGD Account. Placing the intermediary bank ensures a seamless transfer to your Aspire account, minimizing the chances of missing transfers or even transfer reversals.

As such, we recommend sharing the intermediary bank details with the sender when applicable. The sender should have the option to enter intermediary bank details at the time of transfer initiation.

If the sender cannot select an intermediary bank, no action is required, as the sender's bank may have it configured on the back end. Toggle the button below to select the appropriate intermediary bank based on the currency listed:

Currency

Intermediary

Australian Dollar (AUD)

Barclays Bank PLC, London BARCGB22

Bahrain Dinar (BHD)

Barclays Bank PLC, London BARCGB22

Canadian Dollar (CAD)

Barclays Bank PLC, London BARCGB22

Chinese Yuan (CNH)

Bank of China (Hong Kong) Limited, Hong Kong BKCHHKHH

Czech Koruna (CZK)

Barclays Bank PLC, London BARCGB22

Danish Krone (DKK)

Barclays Bank PLC, London BARCGB22

Euro (EUR)

Barclays Bank PLC, London BARCGB22

Hong Kong Dollar (HKD)

Barclays Bank PLC, London BARCGB22

Hungarian Forint (HUF)

Barclays Bank PLC, London BARCGB22

Israeli Shekel (ILS)

Barclays Bank PLC, London BARCGB22

Japanese Yen (JPY)

Barclays Bank PLC, London BARCGB22

Kenyan Shilling (KES)

Barclays Bank PLC, London BARCGB22

Kuwait Dinar (KWD)

Barclays Bank PLC, London BARCGB22

Mexican Peso (MXN)

Barclays Bank PLC, London BARCGB22

New Zealand Dollar (NZD)

Barclays Bank PLC, London BARCGB22

Norwegian Krone (NOK)

Barclays Bank PLC, London BARCGB22

Omani Rial (OMR)

Barclays Bank PLC, London BARCGB22

Polish Zloty (PLN)

Barclays Bank PLC, London BARCGB22

Qatar Rial (QAR)

Barclays Bank PLC, London BARCGB22

Romanian Leu (RON)

Barclays Bank PLC, London BARCGB22

Saudi Riyal (SAR)

Barclays Bank PLC, London BARCGB22

Singapore Dollar (SGD)

Barclays Bank PLC, London BARCGB22

South African Rand (ZAR)

Barclays Bank PLC, London BARCGB22

Swedish Krona (SEK)

Barclays Bank PLC, London BARCGB22

Swiss franc (CHF)

Barclays Bank PLC, London BARCGB22

Thai Baht (THB)

Barclays Bank PLC, London BARCGB22

Turkish Lira (TRY)

Barclays Bank PLC, London BARCGB22

Ugandan Shilling (UGX)

Barclays Bank PLC, London BARCGB22

UK Sterling (GBP)

Barclays Bank PLC, London BARCGB22

United Arab Emirates Dirham (AED)

Barclays Bank PLC, London BARCGB22

US Dollar (USD)

Barclays Bank PLC, London BARCGB22

Do I have the same SWIFT Account Details for my Aspire USD Account if I already have an Aspire EUR/GBP Account?

Yes. If you're receiving a transfer from any of our supported currencies, you would need to set up your primary currency. This way, your FX transfer will be converted to your chosen primary currency and added to that account.

You may view some example scenarios below for clarity:

  • Your chosen primary currency is your EUR account. When someone sends 100 AUD to your SWIFT account, it will be converted to EUR and deposited into your EUR Account. When someone sends 100 USD to your SWIFT account, it will be deposited into your USD Account without conversion.

  • Your chosen primary currency is your USD account. When someone sends 100 AUD to your SWIFT account, it will be converted to USD and deposited into your USD Account. When someone sends 100 EUR to your SWIFT account, it will be deposited into your EUR Account without conversion.

Note: Regardless of the primary currency set, any transfers received in USD, EUR, or GBP will be deposited in the respective currency account and will not be converted to the primary currency. This applies if you have activated a USD, EUR, or GBP Aspire account.

How do I set my account's Primary Currency?

To set up the account's primary currency, Admin users must:

  1. Click on USD Account under the My Accounts section on the homepage

  2. Select "SWIFT account details"

  3. A pane will slide from the side. On the upper part of the pane, hit "click here" to update your primary currency

  4. A new window will pop up. Select your choice for the primary currency, whether USD, EUR or GBP, then click "Update primary receiving currency"

Supported Currencies

You can receive the following currencies in your SWIFT USD account details:

Australian Dollar (AUD)

Kenyan Shilling (KES)

Singapore Dollar (SGD)

Bahrain Dinar (BHD)

Kuwait Dinar (KWD)

South African Rand (ZAR)

Canadian Dollar (CAD)

Swedish Krona (SEK)

Chinese Yuan (CNH)

Mexican Peso (MXN)

Swiss Franc (CHF)

Czech Koruna (CZK)

New Zealand Dollar (NZD)

Thai Baht (THB)

Danish Krone (DKK)

Norwegian Krone (NOK)

Turkish Lira (TRY)

Euro (EUR)

Omani Rial (OMR)

Ugandan Shilling (UGX)

Hong Kong Dollar (HKD)

UK Sterling (GBP)

Hungarian Forint (HUF)

Polish Zloty (PLN)

United Arab Emirates Dirham (AED)

Qatar Rial (QAR)

US Dollar (USD)

Romanian Leu (RON)

Israeli Shekel (ILS)

Japanese Yen (JPY)

Saudi Riyal (SAR)

Notes:

  • Russian Ruble (RUB) is currently unavailable.

  • Restricted currencies including INR, IDR, MYR, and PHP cannot be received from overseas. Please ask the sender to convert to USD before initiating the transfer to your account.


Supported Countries

Using your SWIFT account details, you can receive USD and other supported currencies from 180+ countries.

Currently, we are unable to receive transfers from the countries below:

American Samoa

Kazakhstan

Somalia

Bahamas

Laos

Sudan

Barbados

Libya

South Sudan

Belarus

Mexico

Syria

Botswana

Morocco

Tajikistan

Cambodia

Mozambique

Tanzania

Cuba

Myanmar

Trinidad & Tobago

D. R. C

Nigeria

Uganda

Ghana

North Korea

Ukraine

Guam

Palestine

United States Virgin Islands

Iraq

Panama

Venezuela

Iran

Peru

Yemen

Jamaica

Russia

Zimbabwe

Jordan

Samoa

Should you need to receive transfers from non-permitted countries, you may explore using our alternative FX partners.

Transfer Limit & Timeframe

Aspire SWIFT USD Account Details can receive SWIFT/International Telegraphic/Wire transfers with no transfer limit.

The processing time for incoming SWIFT transfers depends largely on the platform used by the sender. A SWIFT transfer typically takes 2-5 business days. Aspire would usually process the funds within 1 business day of receiving them.

If the expected delivery time for funds to be reflected in your account has exceeded, please request a transfer receipt or MT103 (for transfers via SWIFT) from your sender.

As the receiving party, our payment partner has limited visibility on inbound transactions. Hence to trace a transfer, we strongly advise that you reach out to the sender and request them to issue a trace of funds through the sending bank.

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

Transfer Fee & Rate

  • Transfers from outside the US that are USD to USD using SWIFT payment will incur a USD 8 fee. If you receive a transfer from within the US using the SWIFT network, you will also be charged a USD 8 fee.

  • Transfers that convert into other supported currencies 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 fee.

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.


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

Did this answer your question?