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USD Transfers

This FAQ contains everything you need to know about sending money to the USA through TransferWise.

We currently have the following daily and yearly limits on transfers From USD*:

Private individual - $49,999 per day and $199,999 per year
Business - $199,999 per day and $1,000,000 per year 

* If you are sending from licensed states in the U.S., you can read more about limits here.

You can see our per transfer limits in the From USD table below.

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Sending to USD
 
For more information and to get started with your first transfer to USD, click here!

Basic Information   Notes
TransferWise Fee 0.5% When sending from currencies with a different fee, the higher charge applies.
Delivery time 1-2 working days After payout. Please keep in mind that TransferWise can take up to two working days to convert your money after receiving it.
Maximum amount (per transfer) £1 million in USD Upper limit is equivalent of £1,000,000 in USD at the current mid-market rate.
Countries we can send to USA Only For Further Credit payments to U.S. accounts are not recommended.

For Further Credit payments to accounts outside the U.S. are not allowed. See here.
Pay out method ACH Electronic Payment  
Reference Yes 10 character maximum, 5 character minimum
     
Required Details    
Recipient Full Name Yes When sending to individuals, please include first name and surname. There is an 18 character limit. Please use only standard Latin letters (a-z).
Recipient Full Personal Address Yes If your recipient is a business, we'll need the business address.
Recipient Electronic/Check Routing Number Yes You can see where your recipient can find their routing number here.
Recipient Account Number Yes Varies in length, always only numbers.
     
Features    
Amount Lock Transfers Yes The currency you're sending from must also be able to send fixed amounts. Please see our other currency FAQs more information.
Guaranteed Rate Yes You'll get a guaranteed rate when sending to USD from most of our currencies (excluding BRL, CHF, and CZK). This will last for 24 or 48 hours depending on your sending currency.
Transfers to Brokerages and intermediary banks No We can only send money to an account in the USA that is a final destination of the transfer.
Accepted bank accounts Checking and Saving accounts in the USA only Please note that some businesses may not accept payments via a third party.

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Sending from USD
 
Basic Information   Notes
TransferWise fee $3 for transfers up to $300 Transfers to GBP - Fee is $3 up to $350, 0.85% for amounts from $351 to $10,000, and 0.6% for any additional amount above the $10,000.
1% for transfers from $301 to $5,000 Transfers to INR - Fee is $2.70 up to $300, 0.9% for amounts above this.
0.7% for any additional amount over $5,000 With all other currencies, the higher fee always prevails as seen here. For a more detailed breakdown of USD pricing, see here.
Time for deposit to reach TransferWise* 1-5 working days, depending on how you send money Please note TransferWise usually only receives deposits within UK working hours (9-5 UK time Mon-Fri).
Maximum amount (per transfer) $49,999 (Personal) Limit for ACH Bank Debit payments is $10,000 (per order/per 24 hours), all other payment methods support up to $49,999 per personal transfer and  $199,999 for business transfers

If you are sending a transfer and are resident in one of our licensed states in the U.S., you can read more information here
$199,999 (Business)
How to send money ACH Direct Debit SWIFT available for payments from outside the US. More information on each payment method can be found by clicking the links to the left. You can see a guide on which is best here. For a guide on how to transfer from the biggest banks in the US, see here.
Domestic Wire
Debit/Credit Card
SWIFT
Additional sending fees Your bank is likely to charge for Domestic Wire and SWIFT Transfers Typically these fees are $15-30, but vary depending on your sending bank. You can check with them to find out their standard fee for wire and SWIFT transfers.
Availability Widely available From all US states. USD can be received from outside the USA via SWIFT payment only.
Additional Requirements    
Recipient's full address Yes -
Your SSN/ID verification Yes An SSN is requested from every customer sending from the US. If you don't have one, you'll have the option to provide a US or non-US ID document (except in the case of ITIN's where a non-US document is required). If you do not have an SSN, you'll need to provide a reason for this.
Features    
Guaranteed Rate Yes For payments from USD, the exchange rate is fixed providing we receive your money before 16:00 EST the following working day. With ACH Bank Debit payments, the rate stays locked beyond this period providing a 'successful' attempt is made before 19:00 EST the following day.
Amount Lock Transfers (in) No Providing the conditions for the 24 hour rate fix are met, the guaranteed rate would theoretically provide a fixed amount. However, please keep in mind that if the conditions aren't met, a fixed amount is not guaranteed.
Business payments Yes Please note we cannot support payments that come from a Trust in the US. 


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USD Refunds

If you cancel your transfer from the US after you've sent your money to us, and before the transfer has been completed, we can refund your money back to you. See what's required to complete the refund below.

ACH Direct Debit

ACH Direct Debit refunds are automatic, so we don't need any details from you. Your money needs to clear with TransferWise before we can refund it. As soon as it reaches us, we'll send it back to the account it came from via ACH.


It'll take 2 working days maximum to be back in your account.

Domestic Wire Transfer

If you want us to refund your wire, you can cancel your transfer on your profile. We'll ask our bank to reject this transfer.

If this is unsuccessful, we'll contact you and request the following details of your sending account:

- Name of the account holder
- ACH Routing Number
- Account Number

We'll refund your money via ACH. It'll take 2 working days maximum to be back in your account.

SWIFT International Transfer

If you want us to refund a  SWIFT payment, we need the following details to send your money back to you:

- Account holder name
- IBAN
- Bank code (BIC/SWIFT)

The refund will take 5 working days maximum to be back in your account.


ACH Electronic Payment

If you've sent your money to us via ACH electronic payment, we just need your ACH account details to send it back to you:

- Account holder name
- ACH Routing Number
- Account Number

The refund will take 2 working days maximum to be back in your account.


Check

If your money has been sent to us via check, it will be refunded to you by our bank in the US. We won't need any details from you.


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