How to open a business bank account online in Australia
Find out how to open a business bank account and discover more about how residents open a business bank account online in Australia.
How to get an EIN from outside the United States
Before you can sell anything within the US, you’ll need to know about your EIN. Follow our simple guide on how to create one from outside the US.
When is the best time to use a virtual payment card?
As the world has shifted online, so have payment methods. One of the most innovative developments in recent years has been the rise of virtual payment cards. In this article, we look at how this exciting tech works, and what it means for your business.
Supercharging Your PayPal Business Account: how to minimise your FX cost
By connecting an Airwallex Global Account to your PayPal account, you can avoid certain charges and bring your total fee down by over 50%, in-turn supercharging your PayPal business account into a profit-generating machine.
The ultimate Guide to ePacket shipping to Australia
In this article, we explore what ePacket shipping is, how it works, and its benefits for e-commerce businesses like yours.
What are liquid assets and why are they important?
As a business, your money is typically held in your assets. So, to determine your business’ liquidity there are two types of assets to look at, liquid vs non-liquid assets. Liquidity is your business’ ability to convert your assets into cash.
Understanding the interbank exchange rate
Understanding what the interbank exchange rate is, and how this impacts your FX rate, ensures you’re prepared when it comes to foreign currency exchange.
Unprecedented Government Stimulus for Australian Businesses Affected by COVID-19
Our friends at Melbourne-based entrepreneurial advisory firm BlueRock have pulled together this guide to the COVID-19 stimulus package. It takes you through the main areas of government support and what you can do to get some much-needed relief for your business.
How to avoid paying foreign transaction fees
For any business, setting a budget is crucial to account for the money coming in but also the expenses to be paid out. Regular expenses can include anything from operational purchases, capital purchases, bills, and staff wages, but not all expenses can be predicted ahead of time.
What you need to know about importing goods into Australia
This guide is designed to make you aware of the risks, regulations, challenges, and costs involved with importing into Australia, and how you can successfully navigate these and begin expanding your onshore business offering...
Managing foreign exchange risk in times of high volatility
Any currency can experience periods of high volatility. The current COVID-19 situation is introducing levels of volatility in foreign currency markets not seen since the 2008 Global Financial Crisis...
What is the SWIFT Payment Network?
These days it feels like money can be sent internationally in the blink of an eye. However, the majority of these international transfers are carried out between banks, via the SWIFT network...
The ultimate guide to paying overseas suppliers
In today’s hyperconnected world, it’s easy to find, secure, and do business with international merchants and suppliers. Business is practically instant, and Google Translate can facilitate your communication...
The remote work revolution in Australia: Can your business reap the benefits?
The way we do business is evolving. We’re no longer tied to rigid rules of defined offices, permanent desks, or the 9-to-5, 5-day workweek. The technological transformation for businesses has brought about one key change in office culture: remote working jobs.