This guide explains how to send USD and foreign currencies locally from your Aspire USD account. Choose the section below based on the currency you want to send.
Supported Transfer Types, Fees, Limits & Timeframe
Your Aspire USD account supports 3 types of local transfers:
USD transfers within Hong Kong via CHATS
USD transfers within the United States via ACH
Foreign currency transfers to recipients in their currency's home country
Sending USD Currency
Send USD from your Aspire USD account to recipients in Hong Kong or the United States.
Transfer Type | Target Country | Transfer Limit | Timeframe | Fee |
CHATS | Hong Kong | No limit | 2 - 4 hours | USD 7 |
ACH | US | USD 1M | 1-2 business days | Free |
Notes:
All transfers are subject to compliance checks by our team or partners, which may occasionally result in delays for your recipient 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 your recipient 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.
CHATS transfer: Typically processed within 2–4 hours if submitted before 5:30 PM HKT on a business day.
Local USD transfers are not available for cross-border transfers between different countries (e.g., Hong Kong to Singapore). For these transfers, you must use SWIFT international transfers.
Telegraphic Transfers (TT) are not supported.
Sending foreign currencies
You can send various foreign currencies to recipients within their currency's home country (local transfer).
For detailed requirements specific to each currency, visit the relevant currency-specific guide.
Currency Specific Guide
Currency Specific Guide
Currency | Home Country |
United Arab Emirates | |
Argentina | |
Australia | |
Canada | |
Switzerland or Liechtenstein | |
Chile | |
China | |
Costa Rica | |
Denmark | |
Egypt | |
Hungary | |
Indonesia | |
Israel | |
India | |
Japan | |
Kenya | |
South Korea | |
Morocco | |
Mexico | |
Malaysia | |
Nigeria | |
Norway | |
New Zealand | |
The Philippines | |
Pakistan | |
Poland | |
Romania | |
Sweden | |
Singapore | |
Thailand | |
Turkey | |
Uruguay | |
South Africa |
Notes:
All transfers are subject to compliance checks by our team or partners, which may occasionally result in delays for your recipient 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 your recipient 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.
Fees for sending foreign currencies are always shown upfront in the Aspire app before you transfer.
How to send USD from the Aspire USD Account
CHATS transfer (Hong Kong)
On your Aspire dashboard, click "USD Account" under "Accounts".
Click "Make a transfer".
Select "Pay a recipient".
Click on "New Recipient".
Select USD as the currency you wish to send.
Fill in the recipient’s details:
Account holder full name
Recipient type: Individual or Company
Country: Select "Hong Kong"
Account number
Bank name
SWIFT/ BIC
Address
Select USD account as the source of funds.
Enter the transfer amount.
Complete the transfer details:
Payment Reference (Optional)
Choose a category (Mandatory)
Link the transaction to a budget (Optional)
Other reporting fields (if any)
Once you have reviewed your payment details and are satisfied with them, click the "Confirm" button.
Notes: Scheduled transfers are not yet available for CHATS transfers.
ACH Transfer (United States)
On your Aspire dashboard, click "Make a transfer" under the Frequently Used Actions.
Select "Pay a recipient".
Click on "New Recipient".
Select USD as the currency you wish to send.
Fill in the recipient’s details:
Account holder full name
Bank Country: Select "United States"
Recipient type: Individual or Company
Payment method: Select "Local"
Address
City
State/Province
Postal code
ACH routing number
Account number
Select USD account as the source of funds.
Enter the transfer amount.
Complete the transfer details:
Payment Reference (Optional)
Choose a category (Mandatory)
Link the transaction to a budget (Optional)
Other payment reference fields
Once you have reviewed your payment details and are satisfied with them, click the "Confirm" button.
Notes: Scheduled transfers are not yet available for ACH transfers.
How to send foreign currencies from the Aspire USD Account
Admin, Finance with transfer rights, and Finance with submit-only rights users can initiate foreign currency transfers.
On your Aspire dashboard, click "Make a transfer" under the Frequently Used Actions.
Select "Pay a recipient".
Click on "New Recipient".
Select the currency you wish to send.
Fill in the recipient’s details (the fields might differ depending on the selected currency):
Account holder's full name
Recipient type: Individual or Company
Bank Country
Payment method
Bank name
Account number
Recipient Address
Postcode
Select USD account as the source of funds.
Enter the transfer amount.
Complete the transfer details:
Payment Reference (Optional)
Choose a category (Mandatory)
Link the transaction to a budget (Optional)
Other payment reference fields
Once you have reviewed your payment details and are satisfied with them, click the "Confirm" button.
Notes: Scheduled transfers are not yet available for local transfers to other foreign currencies.
What name will be displayed as the sender of the transfer?
USD transfers via CHATS: The recipient will see your business name as the sender's name.
USD transfers via ACH: The recipient will see your business name as the sender's name.
Foreign currency transfers: The sender's name shown to your recipient may vary, as it depends on what their bank chooses to display.
Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.