Open domestic and foreign currency business accounts from Singapore
Open USD, HKD, GBP, EUR, AUD, JPY & SGD accounts online.
Unlock international revenue streams in new markets
Trade globally, without the red tape
Open local currency business accounts in the US, UK, Europe, Hong Kong, Japan and Australia, all without leaving your office.
Hold funds in foreign currencies
Collect and spend in currencies like USD? Use our global accounts to hold and spend in the same currency to eliminate unnecessary conversions.
Less fees when bringing back funds
Convert or withdraw funds into your preferred currency in seconds. Improve profits with zero transaction fees* and market-leading exchange rates.
*Sending non-local currencies overseas (e.g. USD to USA)? We can still help but we will need to use the SWIFT network and charge a small payment fee from SGD $20. This is to cover the cost of using the SWIFT network.
Accept payments in your customers’ preferred currency
Save time opening accounts across the globe
Create local currency accounts at the click of a button. Skip the bank queues and excessive paperwork usually involved in setting up international bank accounts.
No monthly fees
Zero monthly fees, no minimum transactions. Our global accounts for collections are fee-free to open.
Integrate with global online marketplaces (coming soon)
Seamlessly integrate with global platforms like Shopify, Amazon, Lazada and Shopee. Accept payments in local currencies.
What is a foreign currency account?
A foreign currency account is a transaction account that allows you to receive, hold and send funds in foreign currencies. You can make and receive payments in currencies such as USD, SGD and AUD, without needing to manually open a bank account in the respective countries.
How DTC eCommerce brand, Linjer, saved more than SGD$13,000 in FX fees
I’m so thankful that Airwallex exists! Airwallex allows me to exchange currencies at really great rates, and the interface is very modern and easy to use compared to my bank. We save so much money with Airwallex! In just a few months, we've already saved more than SGD$13,000 in unnecessary bank fees! — Jennifer Chong, CEO of Linjer
savings in a few months from FX fees
Security is at our core
We work with world-class security providers to ensure your funds and accounts are secure at all times.
Your data is stored and protected behind multiple layers of authentication. Two factor authentication is enabled on your account for added security.
Our security systems and procedures are based on the highest international standards including PCI Level 1 compliance.
Airwallex (Singapore) Pte. Ltd. is licensed in Singapore as a Major Payment Institution and is regulated by the Monetary Authority of Singapore (license number PS20200541).
You don't need a bank to run your business
Start winning new markets today. Open an account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.