Global Accounts
Open a Japanese yen business account from Australia
Open a Japanese yen business account online from Australia with Airwallex. Your account will come with local Japanese bank and branch codes and a dedicated account number. Use your JPY account to receive, manage, and send JPY with no hidden fees.
Hassle-free currency accounts with local bank details
Skip the lines and excessive paperwork usually involved in setting up a multi-currency business account. Open multi-currency accounts online and collect payments from your global customers in their preferred currency. Spend your proceeds later in the same currency, eliminating unnecessary conversion fees.
Save on unnecessary bank charges
There are no account opening fees, monthly maintenance charges, or minimum transaction requirements.
Streamline your global cash management
Convert balances to different currencies in just a few clicks and review your global transactions in a single view.
Know your funds are safe and secure
Relax knowing that your money is secure and protected with end-to-end encryption and bank-level security.
Avoid costly conversion fees
Eliminate unnecessary conversion fees by receiving payments in the same currencies that your customers pay in.
Global Accounts
How to open a Japanese yen business account from Australia?
Businesses can open a JPY account from Australia easily with Airwallex. Simply sign up online and, once onboarded, you can open multiple domestic and foreign currency accounts in minutes. Your Japanese yen account will come with local bank account details, making it easy for you to receive payments in JPY which you can either spend or convert at the interbank exchange rate. Avoid bank queues and endless paperwork, and open your JPY account online with Airwallex today.
Your JPY account
How will your JPY account work from Australia?
Get your JPY account details
Open your JPY account online and receive a local Japanese yen account number and branch code. Share these details with your clients and customers in Japan and start receiving payments in JPY via local bank networks. You can also link your JPY account to eCommerce platforms such as Amazon and Shopify.
Spend in JPY
Once you have funds in your Business Account, you can spend them using Airwallex Corporate Cards, or transfer them to your recipient’s bank account. Use your JPY to pay suppliers and employees in Japan and elsewhere efficiently, without being subject to needless currency exchange fees.
Convert currencies at market-beating rates
Airwallex gives you access to the interbank exchange rate (sometimes known as the mid-market rate). That means that if you need to convert currencies, you’ll enjoy market-leading foreign exchange rates no matter the transaction size. You can also hedge against currency exchange risk by only converting currencies when the exchange rate is favourable.
Global Accounts
Who is the Airwallex global Business Account for?
The Airwallex global Business Account is ideal for companies that operate across borders. Including companies that invoice overseas clients, sell globally on platforms such as Amazon and Shopify, and work with international suppliers. Our platform allows businesses to centralise their financial operations in one place, even when managing multiple global entities. From expense management to bill payments, payment solutions, and FX, Airwallex has you covered. We make global money management simple and cost-effective for businesses of all shapes and sizes - that’s why we’re trusted by over 150,000 businesses worldwide.
FX & Transfers
End-to-end global money management from Australia
When a payment gets sent to one of your Global Accounts, those funds are instantly visible to you in your Airwallex Account. Easily convert currencies at interbank rates and use Airwallex to make fast, cost-effective domestic and international transfers.
Frequently asked questions
Is it possible to open a Japanese yen account online from Australia?
Yes, it is possible to open a Japanese yen account online from Australia with Airwallex. Simply sign up via our website and, once onboarded, you can open multiple domestic and foreign currency accounts online in minutes. These accounts function as local currency accounts in your name that come with local bank and branch codes and dedicated account numbers. They make it easy to receive funds domestically and internationally.
What documents do I need to open a Japanese yen account as a non-resident business?
The key documents required to open an Airwallex account are similar across regions and will enable you to open a JPY account. We typically ask for the certificate of incorporation or equivalent document, as well as information on the business, its activities and anticipated transaction volumes. We are also required to collect details and IDs for certain individuals - this includes any beneficial owners but can extend to directors and authorised signatories signing up for the account. Non-resident businesses may be asked to provide proof of address for their operations, which can be established through utility bills, contracts or other correspondence.
What are the advantages of opening a JPY account as Australia resident?
Opening a Japanese yen account allows non-resident businesses to conduct transactions and manage funds in JPY, eliminating the need for currency conversion along with the associated costs and the risks posed by currency fluctuation. Having a JPY account can streamline financial dealings with Japanese-based entities and those that operate in JPY, facilitating smoother transactions and payments. For example, for businesses that receive income from Japanese sources, a JPY account simplifies the process and expedites the receipt of payments.
What other popular currencies can I open a business account from Australia
See below for a range of other currency accounts you can open from Australia: