Airwallex is a financial technology platform that offers international money transfer services and foreign exchange solutions for businesses. It enables companies to send payments abroad to suppliers and employees worldwide, access competitive FX rates, and manage global transactions efficiently.

Key Features

Global Reach Extensive network for international transfers

• Supports 150+ countries and regions
• Handles 60+ currencies

Competitive Rates Access to market-leading foreign exchange rates

• Interbank FX rates available regardless of transaction size
• Avoidance of hidden transaction fees

Batch Transfers Efficient bulk payment processing

• Send funds to multiple recipients worldwide in one go
• Support for up to 1,000 recipients across various countries, currencies, and transfer methods

Security and Control Enhanced security measures for transactions

• Multi-layered approval workflows
• Customizable user permissions
• Multi-factor authentication for transfer verification

Benefits

Cost Savings Reduced fees and better exchange rates

• Elimination of transaction fees where possible using Airwallex's local network
• Access to interbank FX rates for all transaction sizes

Time Efficiency Faster processing and simplified workflows

• Payments received in as little as one business day
• Batch transfers to streamline multiple payments without coding

Global Business Facilitation Easier management of international transactions

• Local currency accounts available worldwide
• Seamless collection of global payments in customers' preferred currencies

Integration and Automation Streamlined financial operations

• Connection with popular accounting software for automatic reconciliation
• API availability for programmatic high-volume transfers and currency risk management