> ## Documentation Index
> Fetch the complete documentation index at: https://docs.jup.ag/llms.txt
> Use this file to discover all available pages before exploring further.

# Global Fiat Remittance

> Virtual accounts, SWIFT transfers, local payouts, and how Global Fiat Remittance works.

Global Fiat Remittance allows Jupiter Spend users to send and receive fiat through virtual accounts, SWIFT transfers, and local payouts. It is part of the Jupiter Spend suite but operates independently from the USDC-funded Spend account used by the Jupiter Card and QR Pay.

## How It Works

<Steps>
  <Step title="Receive virtual accounts">
    Once Jupiter ID verification is complete, users receive virtual accounts in USD and EUR. Each account includes standard banking identifiers for its currency. EUR account availability may depend on your country of residence.
  </Step>

  <Step title="Fund your accounts">
    Virtual accounts are funded by incoming fiat transfers from external bank accounts. USDC cannot be deposited directly into virtual accounts.
  </Step>
</Steps>

## Local Payouts

In addition to SWIFT, users can send local payouts in the following currencies:

AED, BRL, CAD, EUR, GBP, IDR, INR, JPY, MAD, MXN, MYR, NGN, PHP, SAR, SGD, THB, TRY, TWD, USD, VND.

## Fees & Limits

No fees on transfers. Currency conversions are done at the market rate. The per-transfer limit is \$10,000. For full details, see the [Fees & Limits](/user-docs/global/spend/fees-and-limits#remittance) page.

## Limitations

* **Per-transfer limit.** Each transfer is currently capped at \$10,000.
* **Spend account required.** Requires completed Jupiter ID verification.
* **Corridor availability.** While SWIFT\* covers over 200 countries, specific corridors may be subject to restrictions depending on the recipient's bank and local regulations.
* **Fee structure may change.** The current zero-fee model may be updated as the product evolves.
* **EUR remittance.** EUR remittances are supported via SEPA only. SWIFT transfers are not supported and may fail or not be credited.

For risk information (regulatory, issuer, FX), see the [Risks & Security](/user-docs/global/spend/risks-and-security) page.

***

<Info>
  Have questions about Remittance? See the [FAQ](/user-docs/global/spend/faq#transfer).
</Info>