You can send international transfers from your Aspire SGD Account in two ways:

When sending international transfers from your Aspire SGD account, the fee structure is fixed and cannot be customized.

You pay: Aspire's transfer fee (varies by currency and transfer method)

SHA (Shared) and OUR fee selection is only available for USD, EUR, and GBP account. SGD account do not support these options.

If you need control over who pays the fees, consider sending from your USD, EUR, or GBP account instead.

You can send these currencies locally to their home country.

If your recipient's country isn't listed in the local transfer table above, you may still be able to send funds via SWIFT if their account can accept USD.

In such cases, Wise facilitates the transfer via a SWIFT payment. Please refer to the table below for the list of countries.

If your recipient's country isn't listed above, you may still send funds via SWIFT transfer using your Aspire EUR or GBP account—provided your recipient can accept payments in one of these currencies.

No. Currently, Aspire only supports sending SGD transfers to beneficiaries within Singapore. For more details on how to send local SGD transfers, refer to our article: Guide to Sending Local Transfers from Aspire SGD Account.

If you need to send SGD to a beneficiary outside of Singapore, you may refer to the alternatives below:

If your USD account is not eligible for SWIFT transfers, you can submit a request through the Transfer Request Form. Aspire will facilitate the transfer via our partner, and they will review your request to ensure it complies with their Acceptable Use Policy before processing.

Through our partner Wise, Aspire allows you to send monies internationally by converting your overseas payments instructions into 2 discrete local transactions.

In place of a single SWIFT transaction, a local transaction of SGD within Singapore is first initiated. Subsequently, a local transaction of the foreign currency in its home country is made to the intended recipient. This allows for time and cost savings when making international transfers.

To initiate an international FX transfer, follow the guide below:

1. Go to your SGD Account page

2. Click on "Submit a transfer" button, then choose “Pay a recipient”

3. Select from one of your saved recipients or create a New Recipient. When creating a new recipient, make sure to choose the currency you want to send from the drop-down list, provide the necessary recipient account details then click "Continue"

4. Enter the amount you wish to send, then click "Continue"

5. Place any transfer reference that will be visible to the recipient, then add the rest of the reporting fields (category, budget, other reporting fields) on your payment

6. Review the transfer details and if all good, click "Confirm" to initiate the transfer.

The beneficiary will see the name of Wise’s payout partner as the sender of the transfer.

Depending on the currency being sent, there is a maximum amount that you can send per transfer. You will receive an error message in-app if you initiate an FX transfer of more than the maximum limit.

If you need to send a higher amount, you can either split it into multiple transfers to stay within the limit or use our trusted FX partner for larger transactions. The transfers with our FX partners will not be through direct integration with Aspire, but it is still handy for sending large amounts while retaining low fees. You can check this article to see the required details/documents to make this transfer.

If you are interested in using this alternative, you can fill out the Transfer Request Form, and our team will be in touch within 1-2 business days.

Please note that our partners will review your payment requests before proceeding to ensure they fall within their Acceptable User Policy.

On some occasions, Wise may request more information from you for a specific transaction. In such situations, Wise will directly contact you via email. Please ensure that you respond using the email address you used for the integration, as any response from another email address will not be recognized by Wise.

It is also possible to access your Wise account by logging in separately. If you already have a Wise account, simply log in as you normally would.

If you established your Wise Account through Aspire, please adhere to the following instructions:

While this scenario is not ideal, it is a much faster solution for you to proceed with your funds compared to us contacting Wise on your behalf. We are actively working to improve this process and make it more efficient for you.