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.
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 0.5%.
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 0.5% when converting USD back to AUD.
How does your USD Global Account work?
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 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 0.5% or 1% 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
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).