Wallex Multi-Currency Wallets

The Wallex Multi-Currency Wallets solution enables businesses to hold, manage, and transact in up to 13 global and Asian currencies within a single business account. It streamlines cross-border operations by integrating payments, FX conversions, virtual accounts, and cards into one platform, helping companies reduce costs and improve financial control.

Features

• Hold and manage 13 currencies including USD, EUR, GBP, SGD, HKD
• Integrated with global payments, FX conversions, and virtual accounts
• Competitive near mid-market FX rates with no hidden fees
• Real-time currency conversion and transaction tracking
• No minimum balance requirement or penalties
• Fast onboarding and account setup
• Web platform and API integration for operational flexibility

Capabilities

• Enables businesses to pay, collect, convert, and hold funds across borders
• Supports timing of FX conversions to optimize rates
• Facilitates bulk payments to up to 200 beneficiaries in multiple currencies
• Allows businesses to receive payments like a local in 36 currencies
• Provides full visibility and control over multi-currency cash flow
• Customizable FX pricing based on trading volume

Benefits

• Reduces FX costs compared to traditional banking solutions
• Improves operational efficiency and financial agility
• Supports global expansion with localized payment capabilities
• Enhances treasury management and cash flow control
• Simplifies international transactions with one unified platform
• Offers secure fund custody and regulatory compliance