Fast global payments & international money transfers for businesses in Hong Kong
Powering your international payments
Make fast international transfers
Save on your international payments
What you see is what you pay
Fuel your company’s global ambitions with Aspire global payment solution
Get access to the best FX rates with no hidden fees
- Send and receive international payments in 40+ currencies across 130+ countries at market-leading rates
- Open accounts in 13 currencies including HKD, CNY, USD, EUR, SGD, JPY, AUD, and more in seconds with zero setup fees
- No hidden, account opening or monthly maintenance fees
Free local transfers and market-leading FX rates
- Open local collection accounts in HKD, CNY, USD, EUR and GBP
- Send, hold and receive funds in major currencies to transact with overseas suppliers and customers easily
- Enjoy free local inbound and outbound transfers to minimise FX conversions
Fast, same-day global payments & international transfers
- Safely send same-day local transfers and FX payments to 40+ major currencies directly from the Aspire App
- Fast reliable global payments to ensure your partners are always paid on time and improve cash flow
Eliminate errors - sync your global transactions with your accounting software
- Close your books twice as fast, with all transactions synced with major accounting software
- Automate your accounting processes and improve your tracking accuracy
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Make global payments & international transfers without breaking the bank
FAQs about global payments & international money transfers
SWIFT is an abbreviation for the Society for Worldwide Interbank Financial Telecommunication and stands for a worldwide network of banks that work collaboratively to provide their customers with international bank transfers.
All SWIFT transfers are carried out via the payer's bank, which gets debited and routed through multiple intermediary banks before the recipient's bank is credited. This whole process can take up to 1-5 business days.
A local transfer uses a network of financial institutions to send money directly to a recipient’s local bank account. These transfers are settled in the local currency by the recipient’s bank. All you need are the recipient’s local bank account details.
Local transfers are generally cheaper and faster than SWIFT transfers. They typically settle instantly or within 1 business day, depending on the country’s payment infrastructure. By contrast, international wire transfers (via SWIFT) are used for cross-border payments but can take 1–5 business days and incur higher fees due to intermediary banks and currency conversion.
The key difference between international wire transfers and local bank transfers is that local transfers are typically faster and more cost-effective, while international wire transfers tend to involve higher fees due to intermediary banks and currency conversions.
Global payment is the process of transferring money to a bank account that is set up in a foreign country. This payment could be made to your supplier, your vendor, an employee, a business affiliate or any other entity. Making global payments involved strenuous processes and numerous fees in the past, however, the process is easier and more cost-effective today.
Generally, a global payment provider is involved, which functions as an intermediary between the payer & the receiver from different nations. They may collect funds locally and settle them in the recipient’s country using local payment networks, which reduces costs and processing times.