Last updated: 3 July 2024

The following fees and charges* apply with respect to customers of Airwallex (Malaysia) Sdn Bhd (AWX MY).

FX Conversion Services and Payment Services

Description	Standard Fee
FX Rates**
Customer Mark-Up / Margin (AUD, USD, HKD, CNY, JPY, EUR, GBP, CAD, CHF, NZD, SGD)	0.30%
Customer Mark-Up / Margin (Other Currencies)	0.60%
Payments
Payments in CNY (only enabled for customers with a CN UBO)	0.10%
Local Payment Fee (Fedwire)	60 MYR (for USD)
Local Payment Fee (RTGS)	60 MYR (for SGD) 30 MYR (for USD, HKD, or CNY)
SWIFT (SHA) Payment Fee***	30 MYR per payment
SWIFT (OUR) Payment Fee****	90 MYR per payment
Other Fees & Charges
Account Opening Fee	0 MYR
Monthly Account Fee	0 MYR
Break Costs	Varies (to be advised).
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.

* Unless otherwise agreed in writing between the customer and AWX MY.

** The customer mark-up / margin will be included as 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”.

*** 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.

**** OUR: The client pays for the wire transfer fees charged by intermediary banks.