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Hawkeye Vintage strengthens international supplier relationships and saves $10k each month

How Airwallex's fast international payments with market-leading rates helps Melbourne-founded luxe fashion leader.

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Hawkeye Vintage is an online luxury vintage boutique with timeless handbags and accessories.

Industry

Startup, Social Commerce

Location

Melbourne, Australia

Company size

20 - 50 employees

airwallex products used

Payments & FX
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The challenge

Hawkeye Vintage sources rare and exquisite vintage handbags and accessories worldwide. The brand's success hinges on strong relationships with exclusive, international dealers. Fast, on-time international payments are fundamental for Hawkeye Vintage to protect these relationships.

Slow, delayed international payments

Before Airwallex, Hawkeye Vintage made international payments with their local bank account. These payments would take days, with no visibility on when the money would arrive.

Poor transparency and expensive fees on payments

When the payments did arrive, the amount received would be different from the amount sent. It was impossible to know how much suppliers would receive in their local currency.

The solution

Airwallex simplified international payments for Hawkeye Vintage, while saving save over AUD$10,000 each month on FX and transaction fees. Their international suppliers now receive their payments faster, on-time and in-full with no surprises.

Danielle Goodwin

Director, Hawkeye Vintage

“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.”

About Hawkeye Vintage

Hawkeye Vintage is a luxe fashion leader, with buyers from across the world eager to get their hands on one of its rare pieces from brands like Gucci, Hermès and Louis Vitton.

Danielle Goodwin had spent years assembling an otherworldly vintage goods collection from Japan. In 2011, she hosted her first Hawkeye Vintage pop-up shop on Melbourne’s famed Greville Street.

The response was overwhelmingly positive, with the appointment-only store selling out of pieces in just two months. Today, Hawkeye Vintage has made the COVID-era digital switch with live Instagram sales and has seen incredible results in the process.

How Hawkeye Vintage strengthens supplier relationships with Airwallex

Made international payments simple, fast and on-time 

With Airwallex’s simple interface and payment notifications, Hawkeye Vintage could set up an international payment in minutes. Our local payment methods allowed for faster international payments than traditional SWIFT methods, helping Hawkeye to strengthen their important supplier relationships.

Provided full visibility of the final amount their suppliers would receive, in their local currency

Hawkeye Vintage could now have full visibility, in their supplier’s currency of choice what the final amount received would be. This has helped to ensure the full payment amount is received, with no confusion around what the rate or fees are.

Saved over AUD$10,000 each month from currency conversion fees

Previously, Hawkeye Vintage was paying over 10x more in currency conversion fees on each international payment. With their business fast-growing, these fees had a significant impact on their bottom line. With Airwallex, Hawkeye now has market-leading FX rates on every transaction, no matter the amount.

More stories from Airwallex customers

How The Sheet Society saves over AUD$12,000 each month with Airwallex
How Coconut Bowls boosts profit margins by 2 - 3% with Airwallex Global Accounts
How Dovetail regained control of team spend and reduced SaaS bills by 15%

See how our customers are finding Airwallex

Airwallex Testimony
“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

Airwallex Testimony
“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."
Murray Kester

CEO, Cosmetics Now

Airwallex Testimony
“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

Co-founders, Crockd

Airwallex Testimony
“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.”
Warren Durling

Chief Operating Officer, Dovetail

Airwallex Testimony
“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.”
Danielle Goodwin

Director, Hawkeye Vintage

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