Do you need to send money to the United States quickly and affordably? Are you a freelancer looking for a secure way to get paid in dollars while protecting your income from inflation? With Bitso, it’s now easier than ever to connect your finances with the world.
In this guide, we’ll show you how dollar transfers to the United States with Bitso offer a comprehensive solution, eliminating the need for a traditional U.S. bank account. Discover how to send and receive money, the costs involved, and make the most of this feature.
What are Bitso’s Dollar Transfers to the United States?
Bitso allows you to create a completely free virtual dollar account to send and receive money between Mexico, Argentina, and the United States.
This solution is ideal for freelancers, users of platforms like PayPal or Deel, and anyone looking to protect their savings by keeping them in a stable currency like the U.S. dollar.
How does it work?
With your virtual account on Bitso, you can:
- Receive deposits from U.S. accounts or international platforms.
- Send dollars to your own accounts, or to family, friends, or U.S. businesses.
- Convert your balance in USDC (a stablecoin tied to the dollar) to your local currency whenever you need to.
The entire process happens within the Bitso app, with no complications or unnecessary paperwork.
Why Choose Bitso for Dollar Transfers?
1. No Opening or Maintenance Fees
Open your virtual dollar account completely free of charge.
2. Flexible Transfers
Choose between:
- ACH Transfers:
- Wire Transfers:
- Cost from $11.99 USD + 0.17%.
- Crediting happens the same business day if the transfer is made before 5 p.m. EST.
3. Earn Returns
Convert your dollar balance to USDC and earn up to 4% annually just by holding it in the app.
4. Commission-Free Conversion
Convert your USDC balance to Mexican pesos or Argentine pesos with no additional costs.
5. High-Level Security
Bitso implements advanced security protocols to ensure your money and transactions are protected.
How to Send and Receive Dollars with Bitso
Sending dollars to the United States
- Go to the Send section in the Bitso app.
- Select the Dollar Transfers option.
- Enter the recipient’s account details (your own or a third party’s).
- Confirm the operation using your USDC balance.
You can send money to personal, business, or family bank accounts in the U.S., with no limits from your own accounts.
Tip: Check the video tutorial in the Bitso app for step-by-step guides.
Receiving dollars from the United States
- Go to the Deposit section in the Bitso app.
- Select the Dollar Transfers option.
- Share your virtual account details (such as ABA and account number) with the person or company making the deposit.
- Once the deposit is received, your balance will be automatically converted to USDC.
Common Use Cases:
- Receive Global Payments: Easily accept dollar transfers from any U.S. bank account, ideal for businesses with international clients or freelancers.
- Send Funds to the U.S. Without Complications: Make quick transfers to accounts in the U.S., whether they’re your own, for family, friends, or for making payments to businesses and suppliers.
- Centralize Your Platform Income: Connect and withdraw funds from your favorite platforms like PayPal, Deel, Freelancer.com, Payoneer, Airbnb, and many others, directly to your U.S. account.
- Transfer to Your Own Accounts: Move money between your different bank accounts in the U.S. with total flexibility.
- Support Family and Friends in the U.S.: Securely send dollars to your loved ones who live or study in the United States.
- Simplified Third-Party Payments: Make payments to suppliers, services, or anyone with a U.S. account—a perfect solution for freelancers and businesses with international operations.
Frequently Asked Questions
- Who can use this service? Bitso users residing in Mexico and Argentina who need to send and receive money from the United States.
- Are there transfer limits? There is no maximum limit for transfers from your own accounts. Third-party deposits are limited to $2,000 USD per transaction.
- How do I ensure the money arrives correctly? Bitso’s support team is available to resolve any issues. Make sure to use the correct details and ask the sender for a tracking ID in case of delays.
- How long do transfers take?
- ACH Transfers: “Next-day”: 1-3 business days. “Same-day”: credit is on the same day if the transfer is made before 4 p.m. EST.
- Wire Transfers: Credit is on the same day if sent before 5 p.m. EST.
Maximize Your Finances with Bitso
Bitso’s dollar transfers to the United States not only allow you to send and receive money conveniently but also to grow your dollar balance with competitive returns and transfer funds with no hidden costs. Forget about traditional bank accounts and take your finances to the next level.
Activate your virtual dollar account today and connect your finances with the world.
The information presented is for informational purposes only.