Altitude's Pay feature sends USD to international bank accounts via SWIFT, reaching 11,000+ banks across 200+ countries. Funds are sent in USD directly from your USD account and converted to the recipient's local currency by their bank upon arrival.
For USD payments to US bank accounts, see Send a US domestic payment. For EUR payments to European bank accounts, see Send a SEPA payment.
Sending a SWIFT payment
To send a SWIFT payment:
From the action bar at the bottom of your dashboard, select Pay.
Choose the recipient from your recipient book, or add a New recipient. For SWIFT payments, you'll need the recipient's account number (or IBAN) and SWIFT/BIC code.
Select the recipient account. The payment method (SWIFT) is set automatically for international bank accounts.
Select the USD account to send the payment from, and enter the amount.
Add payment details. For SWIFT payments to third parties, an attachment is required and must be the invoice or receipt for the payment. Payment reference, invoice number, due date, and internal note are optional. The payment reference appears on the recipient's bank statement.
Review the payment, then click Send.
The payment appears in your Inbox for approval and execution.
Note: Bank transfers are only available for verified accounts. SWIFT payments can only be sent from USD accounts. Altitude supports named SWIFT transfers; recipients will see your legal entity name as the sender, making it easy for them to identify incoming payments. See supported countries for country-specific availability.
Paying invoices via Bill Pay
You can also send SWIFT payments through Bill Pay. Upload an invoice (PDF or PNG) or forward it to your Bill Pay email address, and Altitude extracts the recipient and payment details for you. Invoices must be denominated in USD.
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. Altitude's SWIFT transfers are configured as OUR (sender-paid), so the sender covers all known fees and the recipient should receive the full amount.
That said, certain banks or their intermediaries may have policies that override OUR. If in doubt, confirm with the recipient's bank in advance that they will receive the full amount.
Currency conversion
SWIFT payments are sent in USD. If the recipient's bank account is held 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 – Altitude doesn't have visibility into the FX rate that will be applied.
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 reference
Status and timestamps