Send Money Abroad via SWIFT & USD Bank Transfer

what's new Jun 13, 2023

As the ideal solution to help you send money abroad for various purposes, we are truly excited to announce a new feature that enables recipients in over 60 countries to receive funds in United States Dollars (USD). Our transfer service via SWIFT, integrated with the renowned Society for Worldwide Interbank Financial Telecommunications (SWIFT) system, ensures secure and efficient transmission of payments and transaction-related information across the globe.

What is SWIFT?

SWIFT or (Society for Worldwide Interbank Financial Telecommunications) is a globally recognized system that serves as the backbone for interbank communication, facilitating cross-border financial transactions in various currencies. With an extensive network connecting over 11,000 financial institutions across 200 countries, SWIFT has become the largest and most widely adopted financial messaging system worldwide. Topremit now offers the convenience and security of SWIFT transfers for its users to which recipients will receive money in USD.

SWIFT 🌐 Service Details

  • Supported transactions: C2C (between individual users), C2B (customers to businesses), B2C (businesses to customers), and B2B (business-to-business).
  • Transfer fee: A flat rate of IDR 405,000.
  • Arrival time: same banking day (ensure transaction payment is made before 12:00 GMT+7).
  • Limit: Up to USD 100,000 per transaction.
  • Available countries: Australia, Austria, Bangladesh, Brazil, Belgium, Cambodia, Canada, China, Croatia, Czechia, Denmark, Egypt, Estonia, Finland, France, Germany, Ghana, Hong Kong, Hungary, Iceland, India, Ireland, Italy, Isle of Man, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Mayotte, Madagascar, Malawi, Monaco, Nepal, Netherlands, Norway, Pakistan, Philippines, Poland, Portugal, Romania, Rwanda, Sri Lanka, Singapore, Slovakia, Slovenia, Sweden, South Korea, Spain, Switzerland, Thailand, Turkey, Taiwan, United Arab Emirates, United Kingdom, United States of America, Uganda, Vietnam, and Zambia.
  • Newest countries: Saudi Arabia, New Zealand, Qatar, Kazakhstan, Nigeria, and Bahrain 🆕

Please note that it is essential to confirm that the recipient's bank account in the destination country can receive funds in United States Dollars (USD).

Cheaper Alternative: Bank Transfer in USD

Previously only available for money transfers to China, now we have expanded our USD bank transfer to include the Philippines and Vietnam, allowing recipients to receive funds in USD. This offering is particularly beneficial for various scenarios, such as medical expenses abroad, purchasing concert tickets, or conducting business transactions. With Topremit, you can now easily handle these transactions conveniently and hassle-free.

Service Details for USD Bank Transfer Countries

1. China 🇨🇳

  • Supported transactions: C2C, C2B, B2C, and B2B.
  • Transfer fee: A flat rate of IDR 285,000.
  • Arrival time: Same banking day (ensure transaction payment is made before 14:00 GMT+7).
  • Limit: Up to USD 300,000 per transaction.

2. Philippines 🇵🇭

  • Supported transactions: C2C, C2B, B2C, and B2B.
  • Transfer fee: A flat rate of IDR 285,000.
  • Arrival time: Same banking day (ensure transaction payment is made before 16:00 GMT+7).
  • Limit: Up to USD 50,000 per transaction.

3. Vietnam 🇻🇳

  • Supported transactions: C2C, C2B, B2C, and B2B.
  • Transfer fee: A flat rate of IDR 285,000.
  • Arrival time: Same banking day (ensure transaction payment is made before 15:30 GMT +7).
  • Limit: Up to USD 100,000 per transaction.

4. Hong Kong 🇭🇰

  • Supported transactions: C2C, C2B, B2C, and B2B.
  • Transfer fee: A flat rate of IDR 285,000.
  • Arrival time: Same banking day (ensure transaction payment is made before 14:30 GMT +7).
  • Limit: Up to USD 50,000 per transaction.

Please note that it is essential to confirm that the recipient's bank account in the destination country can receive funds in United States Dollars (USD).

Which to choose? SWIFT & USD Bank Transfer

A few things you need to note before choosing between which service fulfills your needs best are:

  • Transfers via SWIFT can accomodate more available countries and enables you to send at higher limits.
  • Different from transfers via USD Bank Transfer , transfers via SWIFT will show your name and account number in the sender details section.
  • Transfers via USD Bank Transfer can only be processed by local banks in your destination country while SWIFT transfers can be processed by international banks.

Though SWIFT and USD Bank Transfer services have their own unique benefits, both are definitely able to 100% fulfill your needs.

Feel free to share this valuable information with your friends who may benefit from it. If you have any questions or require assistance, our dedicated customer support team is ready to help you through our Live Chat Service or WhatsApp at 0823 6196 0569.

Don't miss out on the convenience of sending money abroad in United States Dollars with Topremit. Try it today and experience seamless and secure transactions!

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