Open a Chinese Yuan account in Singapore
Receive CNY payments in Singapore with a dedicated Chinese Yuan business account. Get started today with no sign-up fees and zero monthly account fees.
Regulated by MAS
Airwallex (Singapore) Pte. Ltd. is licensed in Singapore as a Major Payment Institution and is regulated by the Monetary Authority of Singapore (License No. PS20200541)
“Massively simplifies the challenge of doing business overseas”
“Airwallex is the highest ranked Australian firm at #32” - Top Global 100 Fintech
“Airwallex offers exchange services that are cheaper and faster”
"Airwallex aims to upend global payments system"
The fastest way to open a Chinese Yuan business account
Reduce payment friction for your Chinese customers
Your customers in China can pay you in CNY. Sending the payment directly to your CNY business account.
Accept and payout funds in multiple currencies
Expand into new markets easily by opening foreign currency accounts in 11 different currencies.
Improve your profit margins
Spend less when bringing back funds. Convert and withdraw in seconds with access to our interbank FX rates, with no transaction fees for local payments.
Open a Chinese Yuan account online in Singapore
Save time opening by a CNY account online
Avoid excessive queues and paperwork. Open a CNY account online, without the need to visit a bank branch.
Set up a CNY account in seconds
Save time by opening local accounts online in seconds and start receiving local currency payments like CNY, immediately.
No sign-up fees and zero monthly account fees
Spend less on fees and more on growth. Our global accounts are fee-free to open and manage. Just pay a small fee when converting funds back to SGD.
How do CNY accounts work?
You're issued an account number
Share these details on invoices, payment information and integrate with apps like Shopify, Amazon, Lazada and Shopee (coming soon).
Receive payments globally in CNY
Use it just like a Chinese Yuan business account. Get paid via direct bank transfer.
Withdraw in your local currency
Convert your CNY into SGD immediately, using our interbank FX rate.
Pay suppliers and staff in CNY
Hold CNY in your Chinese Yuan business account and pay out via direct deposit, with no conversion fees.
Manage your business finances from a single platform
Integrate with global online marketplaces
Seamlessly integrate with global platforms like Shopify, Amazon, Lazada and Shopee (coming soon). Accept payments in local currencies.
Integrate with our API suite
Streamline your global financial operations with our best-in-class APIs. Integrate our payment capabilities into your business' workflows.
Pay via Borderless Cards
Issue virtual debit cards and use them to pay in foreign currencies using funds in your wallet.
Make bookkeeping a breeze
Seamlessly integrate your Airwallex account with Xero for easy payment reconciliation.
Quick and easy integration
Link your Airwallex and Xero accounts in just a few clicks.
Multi-currency transaction syncing
Sync your multi-currency Airwallex transactions to Xero, including who made the transaction and where.
Ensure your Xero transaction records are up to date for your accountant or bookkeeper.
Hear what our customers say about Airwallex
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 No. 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.