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How to Convert and Hold Money

Use this method to convert currency and keep it in your Adesco balance until you’re ready to send it later.

Step 1: Open Convert & Hold

  1. From the main menu, click Send / Receive Money.

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  2. Select send money to Adesco.

    If you already have funds in your Adesco balance you can:

    Select Use my Adesco balance.

  3. Select Convert & Hold.


Step 2: Enter Amount and Currency

Under You Sell, enter the amount you want to convert.

Select the currency from the dropdown list.

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Review the Estimated Value displayed in the target currency.

Note: This is not the final rate. The actual rate will be determined when the conversion is executed.

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Step 3: Choose Bank Account

Select the bank account you want to send the funds from or add a new one.

*Note: if you selected Use my Adesco balance, you will skip this step.

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If you haven’t added a bank account yet, click Add New Account and follow the instructions.

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Step 4: Choose Conversion Execution

Select one of the following options:

Convert when funds arrive – Automatically convert as soon as your funds reach Adesco.
Convert only if the rate matches or improves – Conversion happens only if the exchange rate is equal to or better than your initial quote.
Contact me before converting – Adesco will confirm with you before executing the conversion

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Click Request Conversion.

Step 5: Track Status

After submitting, you can view the Conversion Request Status and processing progress.