Admin, Finance with transfer rights, and Finance with submit-only rights users can submit payroll transfers from the Aspire SGD account, either in batch or for individual employees.
Before submitting a transfer, please ensure that the Admin has granted the appropriate payroll permissions to the relevant users.
Submitting an Individual SGD Payroll Transfer
On your Aspire dashboard, click on "Payroll" in the left navigation bar (web app).
Click "New payroll transfer", then select "Individual Payroll".
Select an existing employee or add a new employee as the recipient.
Select the SGD account as the source of funds and enter the payroll amount.
Click "Continue".
Complete your transfer details:
Reference (Optional)
Category: Auto-selected as "Salary"
Budget (Optional)
Other reporting fields (if any)
Click "Continue".
Review your payroll entry. Once confirmed, click "Submit" to complete the payroll transfer.
Notes:
Individual payroll transfers from your SGD account are processed via FAST, which means:
Transfers are sent instantly.
The “Salary” tag will not be visible in the beneficiary's bank.
No fees apply for SGD individual payroll transfers via FAST.
Submitting an Individual SGD FX Payroll Transfer
On your Aspire dashboard, click on "Payroll" in the left navigation bar (web app).
Click "New payroll transfer", then select "Individual Payroll".
Select an existing employee or add a new employee as the recipient.
Select the SGD account as the source of funds and enter the amount.
Click "Continue".
Choose the amount to fix in case the exchange rate changes before approval, then click “Continue”.
Complete your transfer details:
Reference (Optional)
Category: “Salary” will be selected automatically
Budget (Optional)
Other reporting fields (if any)
Click "Continue".
Review your payroll entry. Once confirmed, click "Submit" to complete the payroll transfer.
Note: FX payroll transfers from your SGD account are subject to Wise standard fees, starting from SGD 0.30.
Additional Notes
When submitting individual payroll, the employee’s name will be used as the payroll transfer name.
If your account has a Transfer Approval Policy in place, the payroll transfer will require approval from the designated Approver(s).
Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.