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Your Virtual Account in the U.S.

Updated this week

Your Virtual Account in the U.S.

With our new virtual accounts, you can receive bank transfers from the United States (ACH) directly in UGLYCASH! This is more than just an account, it’s a gateway to new opportunities. 😎

How does it work?

  1. Go to the "Home" section in the Ugly app and click ➡️ “Apps”

  2. Tap the “US Bank Account” button.

  3. Share your account details with the person who will send you the transfer.

  4. That’s it! You’ll receive your dollars in UGLYCASH within 1 to 5 business days.

What can you use it for?

For Latin American members

  • Receive your salary: If you work remotely, share your account details with your employer.

  • Family transfers: Your relatives can send you money from their U.S. bank accounts to Ugly as if it were just another American bank.

  • Personal transfers: Send money to yourself from your U.S. account.

  • Business payments: Companies can easily pay their contractors or suppliers.

  • Third-party payments: Latin American members can receive transfers from third parties up to $4,000.

  • Domestic wires and ACH transactions: Includes transfers from platforms like PayPal, Apple, and Amazon.

For U.S. members (Currently only in California)

  • Receive your salary: If you work remotely, share your account details with your employer, only if the funds come from a business account.

  • Personal transfers: Send money to yourself from your U.S. account.

  • Business payments: Companies can easily pay contractors or suppliers, only if the funds come from a business account.

  • Domestic wires and ACH transactions: Includes transfers from platforms like PayPal, Apple, and Amazon.

Fees?

Account opening: No fees.

To receive: No fees. Receive and spend the full amount of your transfer.

To send: Just $1 USD per transfer. (The minimum amount to send is $10 USD.)

How long does it take to arrive in your account?

ACH transfers can take between 3 and 5 business days.

Limits

Ah, limits. The necessary lines we draw to keep things balanced, safe, and in check, even in the wild, passionate world of Ugly Cash. But don’t fret; we’ve set these boundaries not to stifle your financial romance but to ensure it thrives. So, let’s talk about those oh-so-important limits that every Ugly Cash member should be aware of. 😉

✅ACH Transfers with Your Linked Account

When you’re moving money around, it’s essential to know where the line is:

Per Transaction Limit: 2,000 USD
(Sending fee: $1 USD. Minimum transfer amount: $10 USD.)

Remember, this method should not exceed three transactions within a 24-hour period.

(If you want to send more than 2,000 USD via ACH, a confirmation call with a representative is required as a security measure.)

Limits by Period:

  • Every 24 hours: 2,000 USD. No more than three transactions in that time.

  • Every 30 consecutive days: 10,000 USD

✅ Receiving Limits

When receiving money, it’s important to know how much you can receive:

Minimum amount to receive: 1 USD
(Please note that receiving transactions under 1 USD may result in the loss of that amount.)

ACH transfers from third parties: up to 4,000 USD

From accounts in your name, family members, or business accounts: no limits.

So, dear Ugly Member, while limits might seem like barriers, consider them as gentle ones that keep your financial love affair safe and sound. Because in love and money, a little restraint can make the heart grow fonder. 😉

Disclaimer

UGLYCASH uses Bridge services to enable ACH transfer deposits. By using this feature in our app, you agree to Bridge’s terms and conditions and privacy policy.

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