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How to transfer dollars to a foreign account?
How to transfer dollars to a foreign account?

You can convert USDC into dollars using your business account and send them through an ACH transfer directly to a bank account.

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Written by Armando
Updated over a week ago

Your belo business account allows you to simply transfer money abroad. You can send dollars overseas by means of ACH transfers.

  • The total fee for the transfer is 1.5%.

  • The minimum amount to be transferred is 5,000 USD, the maximum is 500,000 USD.

How to transfer dollars to a foreign account?

First, you should visit the "Global money" tab on the web platform

Once there, you will find a more detailed explanation and visualize your current balance of USDC, which you will be able to use to transfer US dollars to your own or third party's account.

To find out how much USD will be credited to the destination account after fees, you must enter the amount of the transfer in the box on the right side of the same screen.

By clicking on "Continue" you will be able to fill in the request form with information on the amount and the destination account.

Once the transfer request is completed, the funds to be sent will be blocked, and the transfer will await approval. Approval may take up to 96 working hours, and once approved, the funds will be credited instantly to the destination account.

If you have any questions or concerns, please do not hesitate to contact our team by sending an email to [email protected]

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