Fast growing businesses are switching from OFX to Airwallex

Spend less on fees, and more on growth. Issue multiple Borderless Visa Cards and open foreign currency accounts from an easy, online webapp.

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Transact like a true local

Set up US, UK, EU, HK and AU Global Accounts with local bank account details. Receive payments like a local - fast, in-full and without the international transfer fees.

Spend on the go with Borderless Visa cards

Empower your team with multi-currency employee cards, created in seconds. No wait time between receiving funds to using them.

Simplify global business transactions

Eliminate expensive FX and international transaction fees on your bank transfers, with no minimum amounts required.

Speak to a human

Our local, Australian support team are on hand to help you set up your account, help you with any international transactions and tackle your questions.

Access your foreign currency funds on the go with Airwallex Borderless Visa cards

Create multi-currency employee cards in minutes

Unlike OFX, Airwallex enables you to Instantly issue your global team with virtual multi-currency debit cards with dedicated login details. There’s no limit on the number of cards you can create.

Eliminate international transaction fees

Pay directly with your foreign currency balance with no FX fees. Save up to 3% on suppliers or software subscriptions from int’l card fees.

Maintain full visibility and control

Set flexible card spend limits in your chosen currency that your team can track too, so you are always on budget. No matter the currency.

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Receive and pay your international customers with Global Accounts in 11 currencies

Receive international payments via direct bank transfer

Make it easier for your customers to pay you in popular currencies like USD, EUR, GBP and AUD with dedicated local account details. Increase your coverage with Global Accounts in 11 currencies, compared to 6 with OFX.

Eliminate international transaction fees

Skip the $15 fee per international payment under $10k with OFX. Airwallex accounts incur $0 charges when sending and receiving payments.*

Connect with global marketplaces for easy withdrawal

Link your Global Accounts with Amazon, eBay, Shopify, Afterpay & Klarna to collect in local currencies and minimise conversion fees.

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*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.

The business account built to grow with you

Simplify multi-currency bookkeeping with Xero

See your multi-currency bank transfers and card payments in a single place, including who made the card transaction. Synced hourly with Xero.

Powerful user permissions to scale your team

Give your team and account access with the right permissions. Have one set up payments while another approves for a streamlined workflow.

Save time with batch payments

Save time when paying your overseas employees or regular international payments with our batch payment capability.

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How our fees compare to an OFX business account

With Airwallex, get access to our best rates, no matter the transaction amount. But don't take our word for it, check out how our rates stack up, below.

Monthly feeFX (above interbank²)International payment feeInternational card transaction fee
Airwallex$0 setup or ongoing fees0.3% or 0.6%FREE*FREE*
OFX logo$0 setup or ongoing feesMargin not provided to customersAUD$15 for transfers under $10,000n/a - no multi-currency cards available
Monthly fee
Airwallex$0 setup or ongoing fees
OFX logo$0 setup or ongoing fees
FX (above interbank²)
Airwallex0.3% or 0.6%
OFX logoMargin not provided to customers
International payment fee
AirwallexFREE*
OFX logoAUD$15 for transfers under $10,000
International card transaction fee
AirwallexFREE*
OFX logon/a - no multi-currency cards available

²Where possible, we offer live exchange rates. Click here to find out more. The above estimations are calculated based on published rates for OFX and what is included in their PDS documents.

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) and is regulated by the Australian Securities and Investment Commission (ASIC).

We're not a bank, we're better.

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