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Hawkeye Vintage strengthens international supplier relationships and saves $10k each month

How Airwallex's fast international payments with market-leading rates helps Melbourne-founded luxe fashion leader.

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Hawkeye Vintage is an online luxury vintage boutique with timeless handbags and accessories.

Industry

Retail

Location

Melbourne, Australia

Company size

20 - 50 employees

airwallex products used

Payments & FX
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The challenge

Hawkeye Vintage sources rare and exquisite vintage handbags and accessories worldwide. The brand's success hinges on strong relationships with exclusive, international dealers. Fast, on-time international payments are fundamental for Hawkeye Vintage to protect these relationships.

Slow, delayed international payments

Before Airwallex, Hawkeye Vintage made international payments with their local bank account. These payments would take days, with no visibility on when the money would arrive.

Poor transparency and expensive fees on payments

When the payments did arrive, the amount received would be different from the amount sent. It was impossible to know how much suppliers would receive in their local currency.

The solution

Airwallex simplified international payments for Hawkeye Vintage, while saving save over AUD$10,000 each month on FX and transaction fees. Their international suppliers now receive their payments faster, on-time and in-full with no surprises.

Danielle Goodwin

Director, Hawkeye Vintage

“Airwallex has made it really easy to pay our suppliers in any currency. We have not only saved $10,000 each month, but our suppliers now get their payments faster and in-full. We receive a notification once it’s dispatched, and it eliminates the worry factor of where our money is at. This is important for us to keep building a strong relationship with our suppliers.”

About Hawkeye Vintage

Hawkeye Vintage is a luxe fashion leader, with buyers from across the world eager to get their hands on one of its rare pieces from brands like Gucci, Hermès and Louis Vitton.

Danielle Goodwin had spent years assembling an otherworldly vintage goods collection from Japan. In 2011, she hosted her first Hawkeye Vintage pop-up shop on Melbourne’s famed Greville Street.

The response was overwhelmingly positive, with the appointment-only store selling out of pieces in just two months. Today, Hawkeye Vintage has made the COVID-era digital switch with live Instagram sales and has seen incredible results in the process.

How Hawkeye Vintage strengthens supplier relationships with Airwallex

Made international payments simple, fast and on-time 

With Airwallex’s simple interface and payment notifications, Hawkeye Vintage could set up an international payment in minutes. Our local payment methods allowed for faster international payments than traditional SWIFT methods, helping Hawkeye to strengthen their important supplier relationships.

Provided full visibility of the final amount their suppliers would receive, in their local currency

Hawkeye Vintage could now have full visibility, in their supplier’s currency of choice what the final amount received would be. This has helped to ensure the full payment amount is received, with no confusion around what the rate or fees are.

Saved over AUD$10,000 each month from currency conversion fees

Previously, Hawkeye Vintage was paying over 10x more in currency conversion fees on each international payment. With their business fast-growing, these fees had a significant impact on their bottom line. With Airwallex, Hawkeye now has market-leading FX rates on every transaction, no matter the amount.

More stories from Airwallex customers

How The Sheet Society saves over AUD$12,000 each month with Airwallex
How Coconut Bowls boosts profit margins by 2 - 3% with Airwallex Global Accounts
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See how our customers are finding Airwallex

Airwallex Testimony

"Airwallex have been a fantastic partner for Olsam Group as we grow our eCommerce brands to new channels and new markets. Their easy to use interface and integrations have been a joy for our finance team to use as we scale."

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Co-Founder, Olsam

Airwallex Testimony

"For ME + EM, expanding into international markets such as the US has been our focus - and with Airwallex, we were able to use their local USD Global Account to collect from our Paypal US account, thereby allowing us to save 3% on each transaction. The process of working with Airwallex has been seamless - our suppliers get paid quickly, we have a dedicated Relationship Manager who has been really patient, helpful and quick to respond. I am keen to use their cards to pay for our ad spend in the near future to save further on our USD invoices."

Meera

Finance Manager, ME + EM

Airwallex Testimony

"We've had such a fantastic experience switching to Airwallex. Previously we were using a traditional bank to make all of our international transactions and they'd constantly lock us out of the account everytime we made a transfer, resulting in hours and hours of lost time on hold. Airwallex is secure, makes it super quick and simple to make and receive international payments."

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Airwallex Testimony

“We used to pay Stripe between $5,000 and $10,000 a month in conversion fees because most of our customers pay in dollars. Now we funnel that money into our Airwallex US dollar account, we don’t have to pay commission. We’ve saved more than $100,000 so far this year”

Thomas Adams

Founder and CEO, Brandbassador

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"We love Airwallex! It has considerably eased our invoicing and payments to contractors around the world. Sending and receiving money is much faster and cheaper than before."

Edle Tenden

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Airwallex Testimony

“We are so glad that we have found Airwallex! There are no hidden charges, they are quick to respond to any queries and we had the smoothest transaction with amazing support from the team continually.”

Andreia Beja

Supply Chain Executive, Miss Patisserie

Airwallex Testimony

"Our water solutions company, Dropterra (go.dropterra.com) has partnered with Airwallex since inception and it has been the best banking and payment partner a company can think of. International transactions are easy, secure, and fast, the technology is incredible and their client service fantastic! We look forward to growing and deepening our relationship with Airwallex!"

Francois Schramek

Co-Founder, Dropterra

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