Congratulations on setting up your brand-new Grey USD virtual foreign account! Please note the following:
COUNTRIES YOU CAN NOT RECEIVE USD PAYMENTS FROM/SUPPORTED JURISDICTION
Find the complete list of countries here.
Your virtual USD account is addressable in only WIRE and SWIFT TRANSFERS.
ACH transfers are not supported yet.
The account type is Checking.
If a local US Address is required, the bank's address can be used as the beneficiary's address.
⚠️ Ensure to verify the payment scheme being used by the sending party, to avoid using the wrong payment scheme. ACH TRANSFERS are not supported yet and any payments made with this scheme would not be received.
FEES AND TIMELINES
Receiving payment either via SWIFT or WIRE has a 1% fee.
Receiving payments SWIFT TRANSFERS can take up to 4-5 business days for transfers outside the US to arrive in your account.
Receiving WIRE TRANSFERS from the US can take up to 24-48 working hours.
NOTE: Sending any other currency to your USD account will attract an extra currency conversion fee and the conversion would be done at the bank's rate.
We do not support receiving payments for CRYPTOCURRENCY, P2P, BETTING, and FOREX TRADING purpose.