Global Accounts
Open a global multi-currency account for international business payments in minutes
Receive payments from customers in their preferred currency and say goodbye to costly conversion and transaction fees.
Hassle-free international business payments with local bank details
Skip the queues and tedious paperwork usually involved in setting up local currency accounts around the world. Open a business account online and collect international payments from global customers in their preferred currency. Spend 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 held 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.
Get started with Global Accounts
Global Accounts function as local currency accounts in your name that come with local bank and branch codes and dedicated account numbers. You can set up Global Accounts in the majority of countries below regardless of where your business is located. They make it easy for you to receive funds domestically and internationally into your Airwallex account in multiple currencies. Get everything you need to manage money globally, without the hassle of a traditional bank.
AUD Global Account
This is an example of an AUD currency account we provide in Australia.
Account Capabilities
- Create accounts instantly
- Create accounts in the name of your business
- Payout via Direct Debit
- No transaction limits
Deposit Methods
Domestic Bank Transfers
- 0-1 day
AUD Global Account
This is an example of an AUD currency account we provide in Australia.
Account Capabilities
- Create accounts instantly
- Create accounts in the name of your business
- Payout via Direct Debit
- No transaction limits
Deposit Methods
Domestic Bank Transfers
- 0-1 day
"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
“We use Airwallex for opening accounts in new markets quickly and we now have bank accounts in each of the countries we operate in. It allows us to very easily move funds from our account in the US into our other local currency accounts in various markets within seconds, and pay our partners and salaries easily.”
Charlie Bullock
CEO and Co-Founder, Scan.com
“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
“The bulk of our manufacturing is done in Portugal, so paying the manufacturers through Airwallex has actually been a dream. It’s so much easier and the exchange rate you get is incredible. It means I can do it on my own without getting a trader in.”
Arthur Leventhorpe
COO and Co-Founder, Young Goat
“We have contractors based in China, the US, and Europe, and our Airwallex Global Account enables us to make global payments from one simple portal. Having Airwallex as our global trusted partner means we can spend less time on the phone to the bank, and more time instead focusing on growing our business both domestically and internationally.”
Richard Li
Co-founder & CEO, July
“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
API Solutions
Manage Global Accounts at scale with our Platform API
Businesses rely on our API to handle their most complex requirements. Programmatically create Global Accounts, authorize Direct Debit deductions for one-time or recurring purchases, generate account statements, and more.
FX & Transfers
End-to-end global money management
When a payment gets sent to one of your Global Accounts, those funds are instantly visible to you in your Airwallex Wallet. Easily convert currencies at interbank rates and use Airwallex FX & Transfers to make fast, cost-effective domestic and international transfers.
Frequently asked questions
What are multi-currency accounts?
Multi-currency accounts are business accounts that enable you to receive, hold, and send funds in multiple currencies. These accounts provide local bank details for each country so your business can operate globally without the complexity of managing multiple bank accounts. Simplifying cross-border transactions, multi-currency accounts help reduce cost, improve cash flow, and support seamless global expansion.
How can multi-currency accounts help me save on transaction fees?
Multi-currency accounts help you save on transaction fees by enabling you to send and receive payments through local clearing houses and domestic bank transfers with local currency and banking details, avoiding SWIFT and international bank fees. These accounts also allow you to receive and hold funds in the original currency rather than being converted and paying conversion fees.
Can I make Direct Debit payments from my global account?
Yes, you can make direct debit payments from Airwallex or other multi-currency accounts to manage business expenses. You can also deposit funds into your multi-currency account from external bank accounts via direct debit.