Open a USD account in Australia
Start receiving USD payments for your business in Australia 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
Open a USD Account online from Australia
Save time opening a USD account online
Provide your customers in the US with account details on the local banking system so they can pay you directly into your USD global account, right here in Australia.
Instant account activation
Set up a USD account online in seconds and start receiving USD payments immediately.
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 0.3%.
Unlock new revenue streams in the United States
Trade in the US, without the red tape
Open a local US transaction account to receive payments directly in USD.
Accept and payout funds in multiple currencies
Expand into new markets easily by opening foreign currency accounts in 11 different currencies.
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 0.3% when converting USD back to AUD.
How does your USD Global Account work?
You’re issued a US account number
Just share this number with clients and customers the world over—it’s as simple as paying via direct deposit.
Connect to your existing systems
You can now send and receive USD in Australia via local, American bank networks. Link up with Amazon, eBay, Shopify and more.
Withdraw your funds in AUD
Using the same platform you can choose to convert your USD immediately at some of the best FX rates available on the market.
Pay suppliers in USD
Keep your USD in your global account and pay other suppliers across the globe. No conversion 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.
Simple, transparent pricing
FREE
FREE
Domestic transfers (AUD)
FREE
FX margin
0.3% or 0.6% above interbank
FREE
FREE
International card transactions
FREE**
*Where payments are made through Airwallex’s payment network there are no payment fees. However any payments made via the SWIFT network will still incur a payment fee from $10AUD. Click here for more information. **For card transactions, you will access our interbank rates plus small margin for the following currencies: AUD, USD, GBP, EUR, HKD, CAD, NZD, SGD, JPY, CHF. For less frequently traded currencies, we will use the Visa rate.
Open multiple foreign currency accounts, with no monthly fees
Xero Integration
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.
Syncs hourly
Ensure your Xero transaction records are up to date for your accountant or bookkeeper.
See how our customers are finding Airwallex
Frequently Asked Questions
Can I open a US dollar account in Australia?
If you use one of the traditional banks, you may have the option of opening a US dollar account in Australia. But many accounts come with proof of address requirements, minimum opening balances and take a clip on currency exchange.
With Airwallex, you can open a US dollar bank account in just minutes, and you won’t need a US address to do so.
How does a USD account work?
Your Airwallex USD account is much like a traditional bank account. You can send, hold and receive USD and view your account details and currency balance. The benefit of having an Airwallex USD account is that it won’t force you to convert currency unnecessarily.
When you do need to convert or withdraw funds, you’ll only pay a small 0.3% or 0.6% FX margin above the interbank rate.
How do I open a US business account in Australia?
Opening a US business account is easier with Airwallex. You can do it all online, right now, straight from your browser. Simply fill out this form, get your business verified, and you’ll have access to all of our borderless business account features.
Once your business has been verified, you can start transacting immediately.
Security is at our core
Protected
We work with world-class security providers to ensure your funds and accounts are secure at all times.
Authenticated
Your data is stored and protected behind multiple layers of authentication. Two factor authentication is enabled on your account for added security.
Secure
Our security systems and procedures are based on the highest international standards including PCI Level 1 compliance.
Compliant
Airwallex holds an Australian Financial Services Licence (AFSL No. 487221) and is regulated by the Australian Securities and Investment Commission (ASIC).
We're not a bank, we're better.
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