
Open multi-currency business accounts instantly, receive payments globally, and manage funds across currencies efficiently.
Vendor
Airwallex
Company Website
Airwallex Global Accounts are digital multi-currency accounts that allow businesses to receive, hold, and manage funds in various currencies. These accounts come with local bank details, enabling companies to conduct international transactions efficiently and cost-effectively.
Key Features
Instant Account Creation Open domestic and foreign currency accounts within minutes
- Create accounts in the name of your business
- No transaction limits
Local Bank Details Receive payments like a local business in multiple countries
- Accounts come with local bank and branch codes
- Dedicated account numbers for each currency
Multi-Currency Management Streamline global cash flow across different currencies
- Convert held balances to different currencies easily
- Review global transactions in a single view
Direct Debit Functionality Make payments directly from your Global Account
- Supported for USD, AUD, GBP, and CAD accounts
- Pay one-time and recurring bills such as taxes or utilities
Benefits
Cost Savings Reduce unnecessary bank charges and conversion fees
- Tap into Airwallex's low-cost local payment network
- Eliminate conversion fees by receiving and spending in the same currency
Global Expansion Support Facilitate international business operations
- Easily receive funds from international customers
- Pay global suppliers and employees in local currencies
Enhanced Security Ensure the safety of your funds
- End-to-end encryption
- Bank-level security measures
Operational Efficiency Simplify global money management
- Manage multiple currency accounts from a single platform
- Reduce time spent on banking activities