You can easily pay vendors from around the world via no or low-cost wire transfer in either USD or a foreign currency*.

Paying an international vendor

Add bill. If you're new to Settle or need a refresher on adding bills, check out this article.
The Bill details should auto-populate based on the details in the bill. Double check the Invoice amount currency is accurate, and if needed, select a different currency from the dropdown menu.
Click Proceed to payment

International wire fees

Fees for international wires are based on your organization's Settle subscription tier:

Launch: $10 for domestic wire and $15 for international wire transfer
Accelerate: $9 for domestic wire and $13 for international wire transfer
Elevate: $9 for domestic wire and $13 for international wire transfer. If you process a high volume of domestic or international wires, reach out to your sales or customer success representative for a custom plan that includes custom wire pricing

Learn more about our current pricing here.

*Note: As with all international wire payment transfers in foreign currencies, vendors may incur fees based on their bank. These fees aren't set by Settle and, unfortunately, are outside our ability to set the fees or costs associated with the transfers.

Requirements for international payments

For countries outside the US, the following details are required:

BIC/Swift Code: 8-11 characters
IBAN Code: Up to 34 characters, prefaced by a two-character country code
Recipient's Name and Address

Some countries may require additional fields:

China:

CNAPS: 12-digit clearing code

Australia:

BSB Number: Bank State Branch (BSB) in the format "XXY-ZZZ", where XX represents the bank, Y represents the state, and ZZZ represents the branch address.

Canada:

Canadian Routing Number: In the format "0YYYXXXXX", where YYY is the 3-digit institution number and XXXXXX is the 5-digit transit number (branch number).

Countries Requiring Purpose Codes:

Bahrain
China (for payments in CNY)
United Arab Emirates
Hong Kong (for payments in CNY)
India (for payments in INR)
Malaysia (for payments in MYR)

Supported currencies

We currently support international payments sent as

Payments sent in certain currencies have maximum limits, as follows:

INR — 1,500,000 per day to any particular beneficiary
IDR — 350,000,000 per transaction
MYR — 100,000 per transaction
PHP — 1,300,000 per transaction

FAQs

I need to send a payment to an international vendor, and they’ve requested a two-account wire transfer—one for the intermediary bank and one for the beneficiary bank. Does Settle support multi-part wire transfers like this?

No, Settle does not support intermediary bank details. For international payments, please use the beneficiary bank details directly.