The belo dollar account offers the simplest way to receive funds from any U.S. bank account, whether it's in your name, someone else's, or a company’s.
Funds are transferred via ACH (Automated Clearing House), an electronic payment system that allows fast, secure transfers with low fees.
How to Transfer Dollars to Your Wallet 💸
On the main screen of the app, tap "Deposit". Choose "Money from abroad" and then select "Dollars."
Here, you can open your dollar account, which includes an opening fee of 10 USDT. This amount will be reimbursed if you receive more than 500 USD through this method within the first 30 days.
Once you've completed the steps and we have verified your information, we will notify you when your dollar account is ready. You will then be able to see the necessary details, such as the account number and bank address.
To transfer the funds, simply share your account details with the person making the payment or copy them into the banking platform if it’s your own account.
Want to withdraw dollars from PayPal, Upwork, Deel, or Airbnb? You can also do this with your belo dollar account.
Important Considerations 🧐
📥 The funds will be credited to your wallet as USDC, a stablecoin pegged to the dollar that generates automatic returns in belo. You can use it however you like: to pay, save, transfer, and more.
⏰ Funds will be credited within 2 to 4 business days (consider U.S. banking holidays).
💰 A 2% fee will be deducted from the transferred amount (minimum fee of 5 USDC).
Due to the "0% Commission for USD Accounts" promotion, there will be no account opening fees or commissions for receiving USD from abroad through this method until December 31, 2025. For more information, please refer to the terms and conditions.
What Can You Do with the Funds? 💵
Withdraw them to a local currency bank account.
Set up automatic savings.
Convert to pesos, pay bills, or use your card if you're a resident of Argentina.
Pay via Pix if you're in Brazil.
Buy over 10,000 gift cards from the Bitrefill catalog.
