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SPEI Deposit

Fees

When you deposit via SPEI, our payments partner, Facilita Pagamentos S/A, is the party responsible for receiving and converting your money. A 1.9% fee is added and finally the dollar amount credited to your account.

The conversion may not be immediately made upon arrival of your deposit at Facilita in case your account has not been approved yet or if you have pending documentation to submit.

Deposit information

  • Bank: Santander
  • Name of beneficiary: FPAY INTERNACIONAL S.A.
  • Account number (CLABE): 014180655086840189

Deposit information is also available in the Deposit section of your app on the your Account menu. Just copy this information in your bank’s mobile app or desktop and finish the deposit!

Limits and minimums

Your first deposit must be at least US$100. After the first deposit, there is no minimum amount required. There are no limits regarding the amount you can deposit.

*Please see our Fractional Shares Disclosure

Time to reach your account

The estimated time for the money to reach your account is typically between 10-30 minutes when the deposit is made Monday through Friday (except holidays) between 5am and 10:30am PST. There can still be bank delays but we will be crediting deposits ASAP.

Holding period

There is no holding period for funds deposited by SPEI.

Currency exchange

FacilitaPay uses a service called Bloomberg to get its rates. Conversion to U.S. dollars is made once your deposit is received by Facilita, which means that the conversion rate of your deposit will be confirmed after FacilitaPay receives your deposit and converts the money.

Please note: Deposits made in cash directly in the bank will not be accepted. It has to be made via SPEI from an account registered under the same CURP as the one registered at Passfolio. This way we will be able to identify and match your transaction with your Passfolio account.

SUGGESTED READINGS

TED Deposit

When you deposit via TED, our payments partner, Facilita Pagamentos S/A, is the party responsible for receiving and converting your money.

SEPA Deposit

Deposit information‍SEPA is available in Austria, Belgium, France, Germany, Ireland, Italy, the Netherlands, Spain.

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