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Altitude now sends payments over local rails in the UK, Mexico, Brazil, and Colombia. Under 30 minutes, with transparent fees and FX shown before you send.
Local payments are available on Altitude. Create an account to send your first payment.
Global payments are stuck in an archaic system
A payment from New York to Mexico City doesn't simply go from New York to Mexico City. Along the way, it passes through multiple banks and intermediaries, each adding time, cost, and uncertainty.
A correspondent bank takes $35, a second takes $10 to $30 more, and the receiving bank in Mexico adds its own fee plus an FX spread of up to 3%. What should be a simple payment takes days. And nobody knows the final amount until the funds land.
For businesses moving money across borders regularly, these costs add up fast, eating into margins and making global operations more expensive than they should be.
A step closer to a borderless world
Altitude now moves money over local rails in four markets, from one account:
- UK. GBP over Faster Payments.
- Mexico. MXN over SPEI.
- Brazil. BRL over Pix.
- Colombia. COP over Bre-B and Bank Transfer.
Local payments skip the correspondent banks entirely, routing your funds through each country's domestic rails to let you pay like a local.
Pick the best rail for your transaction
Sending over local rails works like sending anything else on Altitude. Pick your recipient and choose the rail. FPS, SPEI, Pix, and Bre-B sit right next to ACH and SEPA. The rate and fee appear before any money moves, and you can see the final amount that will reach your recipient before you hit send.
Getting paid works the same way. Altitude gives you local account details in each market, so your client in London pays a UK account in GBP. Funds settle straight into your USDC or EURC balance, converted at a rate you can see. No more mystery payments.
