Terms & Policies
CanadaFee Schedule
Last updated: 11 June 2025
*This version of the Fee Schedule is effective from 1 July 2025. The previous version of the Fee Schedule can be viewed here.
The following fees and charges apply with respect to customers of Airwallex (Canada) International Payments Limited.
Subscription Fee
Plan | Standard Fee (CAD) [1][2][3] |
Explore Plan | $0 / month |
Grow Plan | $99 / month |
Accelerate Plan | Custom pricing |
Custom Plan | Custom pricing |
Notes:
[1] Subscription fees for Explore and Grow plans (if any) are per entity while the subscription fee for the Accelerate plan is per Organisation (i.e., covers all group entities).
[2] These fees exclude GST (where applicable) and any transaction-specific fees that are applicable as outlined below.
[3] Moving from one plan to a lower-priced plan will take effect at the end of your then-current billing cycle, while upgrades will take effect immediately.
FX Conversion Services, Payment Services and Collection Services
Description | Standard Fee (CAD)[5] |
FX Rates[1] |
|
Customer Mark-Up / Margin (AUD, USD, HKD, NZD, JPY, EUR, GBP, CNY, CHF, SGD) | 0.50% |
Customer Mark-Up / Margin (MYR, IDR, KRW, PHP, THB, VND, INR, NPR, PKR, BDT, TRY, LKR) | 1.00% |
Customer Mark-Up / Margin (Other Currencies) | 1.00% |
Auto Conversion Fee | 0.50% |
FX Quotes[2] | |
1-Minute Quote Validity | 0.02% |
15-Minute Quote Validity | 0.08% |
30-Minute Quote Validity | 0.10% |
1-Hour Quote Validity | 0.12% |
4-Hour Quote Validity | 0.20% |
8-Hour Quote Validity | 0.25% |
24-Hour Quote Validity | 0.30% |
Collections |
|
Global Account Creation Fee | $0 |
Global Account Receiving Funds Fee | 0.60% for KRW collections 0.30% for PHP collections 0% for other currencies |
Payments |
|
Local Payment Fee (incl. BPAY and FPS) | 0, but Fedwire + SGD RTGS in SG = 20 CAD; HKD/USD/CNY RTGS in HK = 10 CAD Certain fees may apply based on transaction volume. Contact our customer support team for details. |
SWIFT (SHA) Payment Fee (incl. RTGS and FedWire)[3] | $20 per payment |
SWIFT (OUR) Payment Fee[4] | $35 per payment |
Other Fees & Charges |
|
Account Opening Fee | $0 |
Monthly Account Fee | $0 |
Break Costs | Varies. |
API Integration Set Up Fee | To be advised. |
Notes:
Effective 29 April 2024: For FX Conversions in Major Currencies that are required as a result of amendments or cancellations, the above FX margin will apply. For currencies other than the Major Currencies (which cannot be held in the Wallet), the FX margin applied to the original conversion will be used.
[1] The customer mark-up / margin will be the FX Exchange Rate that is used to convert one currency for another currency. If any currency is not listed, it will be treated as an “other currency”.
[2] The above Quotes mark-up / margin will be applied in addition to the customer mark-up / margin listed for FX Rates [1] to determine the FX Exchange Rate for the selected currency pair when the Quotes feature is used. The Quotes feature is only available for customers on API version 2024-06-30 or later.
[3] SHA: Both the client (sender) and beneficiary will pay fees to the sending bank i.e. fees for the outgoing transfer. Beneficiary will receive the amount transferred less the intermediary banks' fees.
[4] OUR: The client pays for the wire transfer fees charged by intermediary banks.
[5] These fees are applicable to customers across Explore, Grow, Accelerate and Custom Plans, and are exclusive of GST (where applicable).