Open an Australian business account online

Easily set up multiple business accounts in Australia, each with no sign-up fee and zero monthly account fees.

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“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

Your new Australian business account

Screenshot of the Airwallex Global Accounts dashboard

Reduce payment friction for your customers

Provide your customers in Australia with account details on the local banking system so they can pay you directly into your AUD global account.

Hold funds in multiple currencies

Create a global payment network 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 0.3%.

Screenshot of the Airwallex Global Accounts dashboard

The quickest way to open a business account

Australian business account showing positive balance of $13,341AUD

Save time by opening an account online

Avoid long queues and wait times. Airwallex users can set up an AUD business account in a matter of minutes.

Instant account activation

New accounts are opened in a matter of clicks and can start receiving payments immediately.

No sign-up fees and zero monthly account fees

Our global accounts are fee-free to open and manage. Receive funds in AUD and make domestic payments without fees.

Australian business account showing positive balance of $13,341AUD

Business financial tools built for growth

Map of the world showing account number details for foreign currency accounts

Integrate with global online marketplaces

Seamlessly integrate with global platforms like Amazon, 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.

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Map of the world showing account number details for foreign currency accounts

How do AUD Global Accounts work?

You’re issued an AU account number

Just share these details with clients and customers across the globe—it’s as simple as paying via direct deposit.

Use your Global Account to receive AUD

Use it just like an Australian business account. Include it on invoices, payment systems and more.

withdraw in your local currency

Use the same platform to convert your AUD into your local currency immediately, using the real conversion rate.

Pay suppliers and staff in AUD

Keep your AUD in your Global Account and pay other suppliers in AUD via direct deposit. No conversion fees. No international wait times.

Competitive, simple, and transparent pricing

AUD business account

FREE

USD, GBP, EUR Global Accounts

FREE

FX margin

0.3% or 0.6%** above interbank

AUD domestic payments

FREE

International payments

FREE*

Batch payments

FREE

Airwallex Borderless Cards

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, THB, JPY, CHF. For rarer currencies, we will use Visa rate.

Xero Integration

Make bookkeeping a breeze

bank feeds showing payments reconciling into Xero

Quick and easy integration

Link your Airwallex and Xero accounts in just a few clicks.

Multi-currency transaction syncing

Automatically sync your multi-currency Airwallex transactions to Xero, alleviating tedious data entry.

Syncs hourly

Ensure your Xero transaction records are up to date for your accountant or bookkeeper.

bank feeds showing payments reconciling into Xero

See how our customers are finding Airwallex

  • “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

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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