FX & Transfers
Low cost international money transfers from Singapore
Streamline international money transfers to suppliers and employees around the world, and access market-leading international FX rates no matter the transaction size.
Start saving on money transfers
Where possible, payments are made using Airwallex’s local network to eliminate transaction fees and deliver your funds faster. The rate available at the time you book a FX conversion on the Airwallex platform may be different to the rate displayed above. We may charge a mark-up on the conversion plus transfer fees, for example to cover the cost of using the SWIFT network. For more information, please review our Terms and Conditions, Fee Schedule and Country Payout Guide.
International money transfer services for your growing business
Pay your global suppliers and employees without the expense and hassle of the traditional banking system, via our web or mobile app.
200+ countries and regions, 60+ currencies
Have payments received in as little as one business day with the full amount on delivery guaranteed.
Access interbank exchange rates
Enjoy access to bank-beating FX rates no matter the transaction size and avoid hidden transaction fees.
Work smarter, not harder
Use batch transfers to send funds in one go to multiple recipients around the world, each with a specified amount.
Simplify your bookkeeping
Connect Airwallex to your favourite accounting software in just a few clicks to automatically reconcile your international transfers.
Access our global transfer method network
Airwallex offers you a wide array of local and global transfer options across 200+ countries to give you the flexibility to choose the fastest, most cost-effective method for your business.
Explore our growing network of 200+ payout countries and regions
Explore our growing network of 200+ payout countries and regions
Batch Transfers
Simplify your workflow with batch transfers
No-code payouts to multiple parties in one go
Streamline multiple payments to global suppliers and employees without ever having to write a single line of code.
Flexibility to meet your specific needs
Make batch transfers to up to 1,000 recipients across countries, currencies, and international transfer methods.
Intuitive and dynamic templates to guide you
Simply download and complete the template that best meets your requirements, upload it to Airwallex, and book your transfer.
Approval Workflows
Manage your operational risks
Multi-layered approval workflows
Customise approval workflows for your business based on specific transfer amounts.
User permissions
Set individual permissions for employees and third parties, including ‘view only’ access.
Added security
Verify each transfer with multi-factor authentication for added security and peace of mind.
"Before Airwallex, we had no idea when our payments were going to reach our suppliers. Using Airwallex instead of traditional banks has increased the speed of our overseas transfers and optimised our cashflow significantly. We've also saved up to 99% of our TT and FX fees."
Ying Tze Her
Chief Operating Officer, Saturday Club
"Singapore is a small market. Businesses who wish to make decent earnings have to export to other markets, at some point. Before Airwallex, we had to travel physically to China to pay our suppliers. Now, we can transfer money in minutes. If Airwallex isn't around, I think a lot of traditional businesses will take a very long route to success."
Emily Chu
Co-founder, Hey! Chips
"Airwallex’s Klarna plugin completely solved our problems. From initial setup to deployment, the process took less than a week, perfectly aligning the speed that eCommerce requires."
Benjamin
Founder of Grams(28)
"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
Co-founder, Linjer
Payouts
Automate money transfers with our Platform API
Businesses rely on our API to handle their most complex requirements. Programmatically make high-volume global transfers, access interbank FX rates, intelligently manage currency risk, and more.
Global Accounts
Operate like a local with Global Accounts
Airwallex makes collection of your global payments seamless, secure, and cost-effective. With our Global Accounts, you can open local currency accounts around the world in just minutes and receive payments from global customers in their preferred currency. Say goodbye to costly conversion fees.
Frequently asked questions
What is an international money transfer?
An international money transfer (also called a cross‑border payment) is an electronic payment where funds are sent from a payer in one country to a recipient in another country, usually in a different currency. These transfers are often processed by banks over networks like SWIFT, while Airwallex uses local payment rails so businesses in Singapore can pay overseas suppliers, contractors, and employees more quickly and cost‑effectively.
How to get started with Airwallex FX & Transfers?
One of the fastest methods to transfer money internationally is using a fintech solution like Airwallex, which utilizes local payment rails and digital wallets to settle funds in just hours. Traditional payments through the SWIFT network can take multiple days.
What is the fastest way to transfer money internationally?
The fastest way to transfer money internationally is to use a modern fintech platform that sends funds over local payment rails instead of the SWIFT network. With Airwallex, 94% of payments are routed through local clearing systems, and 93% of transactions arrive on the same working day. That’s significantly quicker than traditional SWIFT transfers, which can take several business days to reach the recipient.
How many countries does Airwallex support for money transfer service?
Airwallex supports international transfers to 200+ countries globally, so you can pay overseas partners almost anywhere you do business. Within that coverage, Airwallex routes payments through local payment rails in 120+ countries, giving Singapore businesses a faster and more cost‑effective alternative to traditional SWIFT transfers on most major routes.
What are the fees for transferring money internationally?
Based on published fee schedules from major banks like DBS and OCBC, SWIFT‑based international bank transfers typically attract bank fees of about S$20–30 per transfer, in addition to FX mark‑ups and any intermediary/receiving bank charges. If you use Airwallex to transfer via local payment networks in 120+ countries, you don't incur any SWIFT fees and only pay a transparent FX margin when a currency conversion is required.
How do I transfer money to an international bank account with Airwallex?
To transfer money to an international bank account with Airwallex, log in to your Airwallex account, go to the transfers section, and create a new transfer. Choose the funding currency, enter your recipient’s bank details, select the payout currency and route (local rails where available, or SWIFT if required), review the FX rate and fees upfront, then confirm the transfer and track its status in your dashboard.
How long does an international money transfer take?
An international money transfer can take up to several business days, depending on the provider and payment route. With Airwallex, 93% of transactions arrive on the same working day, and 50% of transactions arrive instantly.
Can I track my money transfer with Airwallex?
Yes, you can track your money transfer in real time within your Airwallex account. Each payment shows a clear status in your dashboard, and you can configure notifications so your team is alerted when a transfer is processed, completed, or requires attention.
How does Airwallex keep my funds safe?
Airwallex keeps your funds safe by combining strong regulatory safeguards with bank‑level security and compliance controls. In Singapore, Airwallex (Singapore) Pte. Ltd. is licensed as a Major Payment Institution and regulated by the Monetary Authority of Singapore (MAS), and customer funds are held in segregated trust accounts that are kept separate from Airwallex’s own operational funds and safeguarded in line with MAS rules.
Globally, Airwallex also meets leading international security standards such as PCI DSS, SOC 1, and SOC 2, and works with reputable banking partners to help ensure your money remains protected throughout each transfer