Wallet charges

You can directly debit the wallet balance of a connected account and subsequently credit your own wallet in the same currency using the Create a new charge API. This action may support processing fees and charges from your clients or business partners. For example, if you are collecting a loan repayment from your counterparty, you can debit the repayment amount and the interest for the applicable time period separately. The Charges API facilitates efficient and precise reconciliation with respect to payment from debtors.

As charges are debited and credited within the Airwallex ecosystem, rapid settlement of funds to the target wallet occurs.