Open your free dollar account and use it to receive money from abroad with no fees.

In a new effort to simplify everyday finances, we decided to eliminate alllll fees for the dollar account service until the end of the year. This means zero costs both for opening the account and for receiving payments via ACH transfer

That way, with belo you can now open a free dollar receiving account and use it to:

• Receive payments from bank accounts in the United States (yours or someone else's).

• Withdraw funds from platforms like PayPal, Airbnb, Upwork, Ontop, Deel, Wise, and more.

Not only does the dollar receiving process include no fees, but the funds arrive at belo quickly and are automatically converted to USDC. In other words, the money is credited as a stable cryptocurrency pegged to the dollar's value and generates returns in real time within the app

What can you do with your USDC balance

The real question should be: What CAN'T you do with your USDC balance?

• Pay with crypto or pesos at any merchant in the world with your belo Mastercard (only for ).

• Buy more than 10,000 gift cards from a variety of online stores.

• Buy, swap, and send cryptocurrencies instantly.

• Withdraw to your bank account or local wallet in pesos.

• Transfer crypto to your dollar bank account and receive physical dollars (only for ).

• Transfer to more than 50 countries with a single click.

• Access the best payment method in Brazil for your next trip.

• Set up automatic savings daily, weekly, or monthly.

• Pay more than 9,000 services from the app (only for ).

• Withdraw cash at ATMs or stores (only for ).

How does the dollar account service work?

It's very simple! Once you complete the steps to open your account in the app from the “Deposit” section, we'll provide you with a unique bank address. You only need to copy and paste it into the banking app or share it with whoever will send you the payment to receive your funds hassle-free

For more details, we recommend visiting this link or visiting our Help Center.

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The information provided in this article is for informational purposes only and should not be interpreted as legal or tax advice, nor as professional tax advice. We encourage all belo users to seek appropriate advice in order to comply with the regulations and rules that apply to them.

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Belo Argentina S.A. – Virtual Asset Service Provider (VASP) registered under No. 52 dated July 19, 2024 in the Registry of Virtual Asset Service Providers of CNV. This registry is for oversight purposes as a Reporting Entity before the Financial Information Unit (UIF) and any other regulatory body empowered for that purpose, within the scope of their powers, and does not imply a license or supervision by the NATIONAL SECURITIES COMMISSION over the activity carried out by the VASP.