Businesses incorporated in Singapore
To receive international funds into the SGD Account, it is necessary to have SWIFT account details. Your SGD Local Account details cannot be used for receiving international transfers.
Admin users can follow the steps below to set up the SWIFT Account Details:
Go to the "Home" page of your Aspire account dashboard
Select your SGD Account under Account Balances
Click on "Receive Funds"
Select "Receive via bank transfer"
A sidebar will open. Select the "SWIFT" tab and click "Request SWIFT details"
If you have a multi-SGD account, select one and click Submit Request
Admin users will receive a confirmation email once we receive the request. Please allow our team to enable your SGD SWIFT account details within 6-8 business days. We'll send another confirmation email once your SGD SWIFT account is activated.
Once activated, return to the same page for your Swift Account Details to share with your payers for them to send SWIFTs/Wires/Telegraphic Transfers into your Aspire Account.
Notes: You cannot activate your SGD SWIFT Account details if you have an existing Wallex Account. Please chat with our Support Team via the Aspire app if you wish to port your existing Wallex Account to your Aspire account.
Why can't I activate my SWIFT SGD Account details?
One common reason is that our partner does not support a number of business activities as per their Acceptable Use Policy.
We can offer an alternative solution for you to receive SWIFT transfers to your Aspire SGD account. You may refer to this article.
Businesses incorporated in other supported countries
Only businesses registered in Singapore can request SWIFT account details for their Aspire SGD Account.
Please click here to explore alternative options for receiving international payments to your SGD Account.
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