Jargon Busters

How do I make a US Dollar money transfer?

USD Transactional Minimums: On the marketplace, we can help you make fast and secure US Dollar (USD) transfers to the USA or any other US Dollar account worldwide subject to a minimum transfer size of £5,000 GBP equivalent. There is no US Dollar maximum transaction size.

Speed of Settlement:

For private and business money transfer customers, we can make same day US Dollar (USD) transfers subject to meeting settlement cut offs. For more information, please discuss with your relationship manager.

Receiving Funds:

The foreign exchange brokers on our marketplace accept funds via bank transfer. Currently, we do not support debit or credit card settlements.

What bank details do I need for US Dollar Money Transfers: When making a transfer to a US Dollar account, please ensure you have the correct recipient details. For US Dollar transfers, you’ll need to input the following:

  • Account Holder’s name
  • Account Number
  • ABA (American Bankers Association) routing number, which consists of 9 digits
  • Bank name
  • Bank address

For US Dollar transfers, the SWIFT/BIC code is optional.