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What options do I have for transferring money to and from my Viably Global Account?

This article reviews the options you have for transferring money into and out of your Viably Global Account with Airwallex.

From your Viably Global Account, Airwallex provides several transfer options to facilitate seamless international payments and transactions. The key transfer options include:

1. Domestic Transfers:

  • ACH Transfers: For U.S.-based payments, you can transfer funds domestically using ACH (Automated Clearing House) transfers. These transfers typically take 1-3 business days to process.
  • Wire Transfers: You can make wire transfers for faster domestic payments. These are typically completed within the same day or up to 24 hours, depending on the cutoff time.

2. International Transfers:

  • SWIFT Transfers: For global payments outside the U.S., you can use the SWIFT network to send funds to international bank accounts. SWIFT transfers generally take 1-3 business days, depending on the destination country and corresponding banks.
  • Local Bank Transfers: Airwallex supports local transfers in various countries, allowing for faster processing times and reduced fees compared to SWIFT. These transfers are facilitated through Airwallex's network of global banking partners, ensuring that funds arrive in the local currency and within local business timelines.

3. Multi-Currency Payments:

  • You can hold and send funds in multiple currencies directly from your Viably Global Account using Airwallex. This allows you to transfer money without converting to USD, thus avoiding additional currency conversion fees.
Domestic and local international transfers generally process faster (within hours or the same day), while SWIFT payments can take longer due to the number of intermediary banks involved.

Always check for any specific terms and conditions that may apply to transfers, as well as any associated fees based on the type of transfer or currency exchange involved.

For detailed guidance or to initiate transfers, you can access these options via the Viably platform's integration with Airwallex.