You may utilize Aspire Advance Limit by choosing it as your Aspire card Source of Funds or by making a bank transfer*.
Notes:
*Only selected Aspire clients can make Bank Transfers with their Advance limit.
The Advance Limit feature is not yet available for businesses incorporated in Hong Kong.
How to utilize Aspire Advance Limit as the Source of Funds for my Aspire cards?
To utilize Aspire Advance Limit as your Aspire card Source of Funds, please refer to the articles below:
How to make bank transfers with my Aspire Advance limit?
To make a transfer using your Aspire Advance Limit, you must be an Admin or Finance with transfer rights user.
Bank transfers via Aspire Advance Limit can only be made from an SGD or IDR Advance Limit. Furthermore, it is local transfers only (e.g., SGD to SGD or IDR to IDR). At this stage, we cannot support international transfers using your Advance Limit.
You may follow the steps below:
On your Aspire dashboard, click "Advance limit" in the left navigation bar (web app) or click "Menu" and choose "Advance limit" (mobile app).
You will be brought to your Advance Limit Dashboard. Click on the blue "Make a Transfer" button on the top right-hand side
Select your recipient or add a new recipient
Type in the amount, and add the following items:
Link the transaction to a Budget (Optional)
Add a Category (Required)
Add Payment Reference based on your transaction and business requirements (Optional)
Add Internal Note (Optional)
Schedule your transfer (Optional)
Once done, click on "Continue"
Next, choose the tenure that fits your business needs
Next, tell us more about the transaction:
Recipient relationship with you
Purpose of Transaction
and attach supporting documents.
Review your transfer, then click "Confirm"
Your transfer is now being processed. You can notify the recipient
Note: Sometimes Aspire will require further documentation, this might delay the transaction, please look out for our emails when this happens
How to view my Advance Limit details?
Admin users can view the Aspire Advance Limit details in-app. To see your Advance Limit details:
On your Aspire dashboard, click "Advance limit" in the left navigation bar (web app) or click "Menu" and choose "Advance limit" (mobile app).
On this page, you can view the following details:
Available limit: The amount that you can spend on your Advance cards, you can also see your approved Advance Limit below (in this example, the approved limit is SGD 49.50)
Last statement: The amount that is due for repayment*. You can also see your due date on the box and download your invoice/statement
Unbilled transaction tab - list of transactions made under your Advance Limit that is not due for repayment
Last statement tab - list of transactions made under your Advance Limit that is due for repayment
Past statements tab - see and download your past Advance Limit invoices/statements
*Partial repayments made on the last statement will not change the last statement number, as it is a static number based on the outstanding amount as of the bill issue date.
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