Altitude's Send feature allows you to send funds to bank accounts internationally. You can send USD directly from your account to any bank account within the SWIFT network of 11,000+ banks across 200+ countries.
Funds are sent in USD and converted to the recipient's local currency by their bank upon arrival. For USD payments to US bank accounts, you can also use Send a US domestic payment.
SWIFT payments are currently in early access and available through Bill Pay. We're rolling out access to select businesses. If you don't yet have access, you can request it directly from the SWIFT option in Bill Pay and our team will reach out on your eligibility.
Sending a SWIFT payment
To send an international payment via Bill Pay:
Navigate to Bill Pay in the sidebar.
Upload your invoice (PDF or PNG) or forward it to your Bill Pay email address. Invoices must be denominated in USD.
Once the bill appears in your Inbox, select it to begin the payment flow.
Review the extracted recipient details. If the recipient is new, select Add new recipient and enter their SWIFT/BIC code and account number or IBAN.
Select SWIFT as the payment method.
Choose the USD sub-account to send the payment from and confirm the amount.
Add a payment reference (optional) – this will appear on the recipient's bank statement.
Review the invoice details, add an internal memo for your team if needed, then select Initiate.
The bill moves to Needs Approval. Members with Vote rights review and approve. Once the approval threshold is met, the bill moves to Ready to Pay, where a member with Execute rights executes the payment.
Note: International payments are only available for verified accounts. SWIFT payments can only be sent from USD sub-accounts. See supported countries for country-specific availability.
Processing times
SWIFT payments typically arrive in up to 5 business days. Delivery times depend on the recipient's country, their bank's processing speed, and the number of intermediary banks involved.
Fees
SWIFT payments have a flat $35 transfer fee. Because Altitude's SWIFT transfers are configured as OUR (sender-paid), the recipient should receive the full amount with no additional intermediary or correspondent bank fees deducted.
Currency conversion
Invoices must be denominated in USD. Altitude doesn't have visibility into the FX rate the recipient's bank will apply, so the amount on the invoice needs to be in USD when uploaded.
If the recipient's bank account is in a different currency, their bank converts the funds upon arrival. The exchange rate and any conversion fees are determined by the recipient's bank.
Payment confirmations
Download a PDF confirmation for any completed SWIFT payment. Share with recipients or other parties as proof of payment.
Navigate to Inflows & Outflows.
Select a completed SWIFT payment.
Click Download Confirmation.
The PDF includes:
Sender and beneficiary details
Amount and fee
Payment method
Transaction ID and onchain signature
Status and timestamps
Need more information? For questions, contact [email protected] ✉️