Open a GBP account in Australia
Create a UK transaction account to start receiving GBP payments within minutes. Get started with no sign-up fee and zero monthly account fees.
“Massively simplifies the challenge of doing business overseas”
“Enables businesses to manage cross-border payments easily and cheaply”
“Australia’s fastest growing $1 billion dollar start up”
“Airwallex is the highest ranked Australian firm at #32” - Top Global 100 Fintech
Unlock new revenue streams in the United Kingdom
Trade in the UK, without the red tape
Open a local UK transaction account to receive payments directly in GBP.
Accept and payout funds in multiple currencies
Expand into new markets easily by opening foreign currency accounts in 11 different currencies.
Improve your margins
Spend less when bringing back funds. Convert and withdraw in seconds with access to our interbank FX rates and a low fee of just 0.5%.
Open a UK transaction account online from Australia
Save time opening a GBP account online
Create new accounts at the click of a button. No need to visit the UK or a bank branch.
Instant account activation
Airwallex customers can activate a new UK transaction account instantly, no additional verification needed.
No sign-up fees and zero monthly account fees
Our global accounts are fee-free to open and manage. Just pay a small fee of 0.5% when converting GBP back to AUD.
How does your GBP Global Account work?
You’re issued a UK account number
Just share this number with clients and customers—it’s as simple as paying via direct deposit.
Connect to your existing systems
Send and receive GBP from Australia via local UK bank networks; faster, cheaper and easier. Link up with Amazon, eBay, Shopify and more.
Withdraw your funds in AUD
Using the same platform you can choose to convert your GBP immediately at some of the best FX rates available on the market.
Pay suppliers in GBP
Keep your GBP in your account and pay other suppliers in the UK. No transfer fees. No international wait times.
Business financial tools built for growth
Integrate with global online marketplaces
Seamlessly integrate with global platforms like eBay, Shopify and Paypal. Accept payments in local currencies.
Hold in foreign currencies
Use our global accounts to collect and spend in the same currency, eliminating unnecessary conversion fees.
Combine with virtual payment cards
Issue virtual payment cards in multiple currencies from the same platfrom for a complete business payment system.
Make bookkeeping a breeze
Quick and easy integration
Link your Airwallex and Xero accounts in just a few clicks.
Multi-currency transaction syncing
Sync your multi-currency Airwallex transactions to Xero, including who made the transaction and where.
Ensure your Xero transaction records are up to date for your accountant or bookkeeper.
See how our customers are finding Airwallex
“Airwallex is our one-stop shop for all our banking needs, in one easy-to-use interface. Without Airwallex, we would not have been able to scale our business as fast as what we’ve been able to achieve.”
Andrew Ford and Rosa-Clare Willis
“Airwallex has been a game changer for us. I cannot recommend these guys enough. The forex services are super efficient and super competitive. The customer service is not gold-plated, it's solid gold. One of the best eCommerce services for merchants we have come across since Paypal hit the scene 20 years ago."
CEO, Cosmetics Now
“The new Expense Management system has been a real time saver for us in relation to the administration of our benefits program. Team members can upload receipts as they shop and we are able to clear our reconciliations much faster this way.”
Payroll & Benefits, Linktree
“Airwallex provides us with flexibility and cost savings in dealing internationally. We used Airwallex to receive our recent global fundraising round and pay international suppliers and are saving at least 5% per dollar transferred versus the big banks.”
George van Dyck
Finance Manager, Zoomo
“Having all our global SaaS subscriptions in one place has streamlined our finance processes and enabled better tracking and control of expenses. It’s even better knowing that Airwallex isn’t hitting us with any international transaction fees.”
Chief Operating Officer, Dovetail
“Airwallex has made it really easy to pay our suppliers in any currency. We have not only saved $10,000 each month, but our suppliers now get their payments faster and in-full. We receive a notification once it’s dispatched, and it eliminates the worry factor of where our money is at. This is important for us to keep building a strong relationship with our suppliers.”
Director, Hawkeye Vintage
Frequently Asked Questions
Can I open a GBP account in Australia?
Despite our ties to Great Britain, the big banks don’t make it easy to open a GBP account in Australia. Airwallex has simplified the challenge. With an Airwallex Global Account you can open a GBP account in Australia, without needing to set up a local bank account overseas.
You can open it directly from your browser and start collecting payments straight away without any forced currency conversions.
How does a GBP account work?
An Airwallex GBP Global Account works similarly to a foreign bank account, except that you won’t ever need to convert currency unnecessarily. Send and receive GBP to other accounts in the UK, hold GBP in your account and schedule regular payments or bills.
Airwallex comes without opening fees, monthly account fees, and you’ll only pay a small 0.5% or 1% fee when you need to convert GBP back to AUD.
Security is at our core
We work with world-class security providers to ensure your funds and accounts are secure at all times.
Airwallex meets the highest international security standards including PCI DSS, SOC1, and SOC2 compliance, in addition to our local regulatory requirements.
Our modern infrastructure allows us to implement best-in-class security controls which are monitored 24/7 to keep your account safe.
Airwallex holds an Australian Financial Services Licence (AFSL No. 487221) and is regulated by the Australian Securities and Investment Commission (ASIC).
You don't need a bank to run your business
Start winning new markets today. Open an account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.