Skip to main content

Guide to Sending Local Transfers from Aspire AUD Account

Updated over 3 weeks ago

This guide explains how to send foreign currencies locally from your Aspire AUD account.

Supported Transfer Types, Fees, Limits & Timeframe

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.

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 foreign currencies locally from the Aspire AUD Account

Admin, Finance with transfer rights, and Finance with submit-only rights users can initiate foreign currency transfers.

  1. On your Aspire dashboard, click "Make a transfer" under the Frequently Used Actions.

  2. Select "Pay a recipient".

  3. Click on "New Recipient".

  4. Select the currency you wish to send.

  5. Fill in the recipient’s details (the fields might differ depending on the selected currency):

    1. Account holder's full name

    2. Recipient type: Individual or Company

    3. Bank Country

    4. Payment method

    5. Bank name

    6. Account number

    7. Recipient Address

    8. Postcode

  6. Select AUD account as the source of funds.

  7. Enter the transfer amount.

  8. Complete the transfer details:

    1. Payment Reference (Optional)

    2. Choose a category (Mandatory)

    3. Link the transaction to a budget (Optional)

    4. Other reporting fields (if any)

  9. 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?

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.

Did this answer your question?