We accept USD deposits via debit card and bank transfers from accounts held in your name.
Depositing via card
Payment methods related to paying by debit card (including Google/Apple Pay) come with a $500 lifetime fee-free limit. After meeting the cap, each transaction costs 0.5%. To learn about associated fees and more specifics about the cards we accept, see our article Paying by card.
Depositing via bank transfer
- Navigate to the Portfolio tab
- Select "Deposit", then "US dollar"
- Open the "SWIFT account details"
Make sure you use the exact account details you see in the app and don’t forget to use the payment reference for each transfer you make. All account details are meant to be used to transfer the corresponding currency, therefore do not use the account details of another currency to deposit USD.
The banks routing your funds have additional fees and this transfer usually takes longer. See more about this here: SWIFT payments and consult with your bank for estimates on fees and the time it takes to process your payment.
What if I’ve made a USD bank transfer to another currency’s details?
If you used other currency’s details, it can take 5 business days (or even longer, depending on where the money is sent) to arrive at Lightyear, after which it will be sent back which can take another 5+ business days. Typically, international USD transfers use the SWIFT network. We advise you to reach out to the bank you sent them from, as they should be able to track the payment and give you a better estimation.
How long to USD transfers take?
Withdrawing USD
USD withdrawals are only available to international/SWIFT bank details. Should you wish to withdraw USD, please contact our Support team below and include a document issued by your bank that includes your name as the account holder as well as your account details. Alternatively, you can also convert your funds to another currency you have a withdrawal account for. See more from Everything about withdrawals.
See also Everything about deposits and Everything about withdrawals