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Guide to Sending Local Transfers from Aspire USD Account

Updated over 3 months ago

Aspire USD Checking Account, issued by Column N.A., allows you to make local USD transfers via ACH and Domestic Wire. This guide covers everything you need to know to send local transfers smoothly.

Supported Transfer Types, Fees, Limits & Timeframe

You can send local transfers using the following methods:

Transfer Type

Supported Currencies

Transfer Limit

Settlement Timeframe

Fee

ACH - Standard

USD

USD 1 M

By 5:30 AM PT on the next business day (if submitted before 5:30 PM PT).

$0

ACH - Same day

USD

USD 1 M

Same-day settlement if submitted before 1:30 PM PT.

$0

Domestic Wire

USD

No Transfer Limit

Same-day settlement if submitted before 3:45 PM PT.

$0

Notes:

  • PT refers to Pacific Time, the time zone for the West Coast of the United States:

    • GMT-8 during Standard Time.

    • GMT-7 during Daylight Saving Time.

  • ACH Credit - Same day: Transfers submitted after 1:30 PM PT will follow the standard ACH processing time.

  • All transfers are processed on business days only (Monday to Friday, excluding public holidays). Transfers submitted on weekends or after the daily cutoff will be processed on the next business day.

How to send local transfers from the Aspire USD Account

Sending via ACH Credit (Standard or Same Day)

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

  2. Select "Pay a recipient".

  3. Select an existing recipient or create a new one:

    1. Recipient currency: Select USD.

    2. Account holder's full name

    3. Transfer mode: Select ACH

    4. Country: Select United States

    5. Recipient type: Select Individual or Company

    6. Routing number

    7. Account number

  4. Click "Continue".

  5. Enter the transfer amount and select the transfer type:

    1. Standard transfer: Funds are settled by 5:30 AM PT on the next business day.

    2. Same-day transfer: If submitted before 1:30 PM PT, funds are settled on the same day of transfer.

  6. Click "Continue".

  7. Complete the additional 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)

  8. Click "Continue".

  9. Once you have reviewed your payment details and are satisfied with them, click the "Confirm" button.

Sending via Domestic Wire

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

  2. Select "Pay a recipient".

  3. Select an existing recipient or create a new one:

    1. Recipient currency: Select USD.

    2. Account holder's full name

    3. Transfer mode: Select Wire

    4. Country: Select United States

    5. Recipient type: Select Individual or Company

    6. Routing number

    7. Account number

    8. Address Line 1

    9. Address Line 2

    10. City

    11. State

    12. Postal Code

  4. Click "Continue".

  5. Enter the transfer amount

  6. Click "Continue".

  7. Complete the additional 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)

  8. Click "Continue".

  9. Once you have reviewed your payment details and are satisfied with them, click the "Confirm" button.

What name will be displayed as the sender of the transfer?

The recipient will see your business name as the sender for both ACH and Domestic Wire transfers.

Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.

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