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How to Convert & Send Money - Bank Transfer Payment

Use this method to convert money and send funds via bank wire transfer.

Step 1: Open Convert & Send

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

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  2. Select send money to Adesco.

  3. Select Convert & Transfer.

Step 2: Enter Amount and Currency

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

  2. Select the currency from the dropdown list.

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  3. 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

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

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  2. 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:

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

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Step 5: Select Payment Type

  1. Choose Bank Transfer as your payment method.

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Step 6: Choose Amount to Send

  1. Decide how much of your converted funds you want to send:
    1. full proceeds from the conversion
    2. Specific amount

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Step 7: Select Recipient

  1. Choose an existing recipient or click Add New Recipient.

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  2. If adding a new recipient, enter their bank details accurately.

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Step 8: Specify Payment Purpose

  1. Select the purpose of the payment.

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  2. Important: If the payment is not to yourself, a family member, or an affiliate company, you must upload a document showing the purpose of the payment.

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Step 9: Review and Confirm

  1. Double-check all details: amount, currency, recipient, and purpose.
  2. Click Confirm to complete the transfer.

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