Fast global payments & international money transfers for businesses

Streamline payments to suppliers and employees globally with local payout accounts, same-day transfers, and market-leading FX rates.
Aspire business account

Fuel your company’s global ambitions

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Make fast international payments

Make same-day transfers to 15+ major currencies on the go
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Save on your international payments

Enjoy free local transfers in major currencies while enjoying FX rates 3x cheaper than banks.
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No hidden fees

Fully transparent on what you pay for. Get a full breakdown of fees before each transaction, no surprises there.

Get access to the best FX rates with no hidden fees

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Send and receive international payments in 30+ currencies across 130+ countries at rates 3x cheaper than banks
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Enjoy low-cost SWIFT payments from USD$8
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No hidden, account opening or monthly maintenance fees

Free local transfers and market-leading rates for international money transfers

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Open local collection accounts in USD, EUR, SGD, and IDR 
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Send, hold and receive funds in major currencies to transact with overseas suppliers and customers easily
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Enjoy free local inbound and outbound transfers to minimise FX conversions
open business bank account online

Fast, same-day international money transfers

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Safely send same-day local transfers and FX payments to 30+ major currencies directly from the Aspire App 
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Fast reliable payments to ensure your partners are always paid on time and improve cash flow

Eliminate errors - sync your transactions with your accounting software

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Close your books twice as fast, with all transactions synced with major accounting software
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Automate your accounting processes and improve your tracking accuracy

Make international transfers without breaking the bank

Trusted by 15,000+ modern businesses

Payments to vendors have been efficient and timely, saving precious time for the team to analyse trends and improve spending needs. Issuing company cards to multiple departments have been a breeze, and managing department costs were easy to track.

Kenneth Chew

Finance Manager

Saved on average: 117 hours and $44,325 a year

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It's not only about counting what's there, but driving business decisions on what's going to be the growth levers of the near future.
Alex Jatra - Chief Financial Officer

Aside from expediting expenses processing, Aspire’s ability to do rebates accorded to expenses supporting business growth was definitely the icing on the cake.

Gregory Van

Gregory Van

Saved on average: 117 hours and $38,800 a year

Calculate how much your company would save
Aspire has helped us tremendously in giving us access to world class SAAS platforms that we were otherwise missing out on. Access to these platforms is an imperative for modern businesses like ours that cannot not have but the best customer experience and that have an ambition to scale quickly and sustainably as well.
Gavin Tan - CEO

Aspire gave our team the flexibility to make their own purchasing decisions that were otherwise impossible with a more conventional banking solution.

Ajay Bulusu

Co-Founder

Saved on average: 600 hours and $70,000 a year

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Aspire gives us visibility into our spending and helps us to reduce cost on exchange rates. There are no worries concerning unwanted spending.
Vennika Qashash - Senior Account Payable Associate

Aspire’s suite of automation tools  revolutionized the way we approach expense management. Now, our teams on the ground have a way to make purchasing decisions easily without the hassle of out-of-pocket expenses.

Gibran Huzaifah

Co-Founder and CEO

Saved on average: 1,155 hours and $198,565 a year

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Aspire’s suite of automation tools  revolutionized the way we approach expense management. Now, our teams on the ground have a way to make purchasing decisions easily without the hassle of out-of-pocket expenses.
Gibran Huzaifah - Co-Founder and CEO
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FAQs about global payments & international money transfers

What are SWIFT transfers and how do they work?

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 are routed through multiple intermediary banks before the recipient's bank is credited. This whole process can take up to 1-4 business days.

What are local transfers and how do they work?

Local transfer uses a web of financial institutions through which the recipient can be paid using their local bank. Intermediaries are used for facilitating transactions and to clear the bank transfer payment, also known as a remittance.In local transfers, the funds are processed by the recipient's local bank in their local currency and settled through their local payment system.

All you need are the recipient's bank details, including their local bank account number. While local transfers are cheaper than SWIFT transfers, they take longer to process.

What is the difference between International wire transfers
vs local bank transfers?

The key difference between international wire transfers and local bank transfers is that local bank transfers can be completed at a relatively low cost, whereas international wire transfers are generally more expensive. International wire transfers, however, are more reliable and faster than local bank transfers.

How do global payments or international money transfers work?

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, who functions as an intermediary between the payer & the receiver from different nations. When a business uses its card to make a purchase, the provider receives the transaction details and relays them to the issuing bank which is located in a different country, thus requiring a process of conversion.

What is the difference between International wire transfers
vs local bank transfers?

The key difference between international wire transfers and local bank transfers is that local bank transfers can be completed at a relatively low cost, whereas international wire transfers are generally more expensive. International wire transfers, however, are more reliable and faster than local bank transfers.

What details do you need to transfer money internationally?

Whichever mode you choose to transfer money, you’ll usually need the following details. Depending on which mode you choose, additional details (e.g. SWIFT code etc.) may be required.

  1. Name of the recipient.
  2. Name and address of recipient’s bank.
  3. Six-digit sort code of the recipient’s account.
  4. Eight-digit account number of the recipient’s account.
  5. A payment reference (often your business name or customer number) to let the recipient know where the money came from.
  6. Intended date of payment.

What are the charges involved with global payments?

There are 2 main types of charges involved with international business payments.

Account-related charges: These are charges related to the business account itself. These include administrative charges, cheque-related charges, document-related charges and service-related charges.

Transaction-related charges: These charges are specific charges which are related to individual transactions. This may vary basis which transaction type you choose Wire transfers, FAST, Debit cards, Credit cards etc.