Open multiple foreign currency business accounts in a click
Open foreign currency business accounts in USD, EUR, AUD, HKD and more from the comfort of your desk. Get started in minutes.
11 foreign currency accounts, no monthly fees
Open multiple foreign currency accounts
Open 11 foreign currency accounts for free, online, without visiting a bank branch.
Manage all your money in one place
Collect, hold, convert and pay out in multiple currencies from a single wallet.
Spend less on fees and more on growth
Avoid needless fees and FX conversions and improve your profit margins.
Global business made easy
Collect multi-currency payments
Collect customer payments from around the world into your foreign currecy accounts without forced FX conversions. Manage all your funds in one place with no monthly fees or minimum balances.
Pay suppliers without the overheads
Pay international staff, suppliers and VAT bills directly from your multi-currency account with no transaction fees.
Manage your money like a local
Each foreign currency account you open comes with a unique international bank account number (IBAN). So you can manage your money like a local, wherever you are.
Scale your business without limits
Increase global sales
Supercharge your online sales by allowing customers to pay you the way they want, wherever they are. Settle like-for-like in 30+ currencies and offer 60+ local payment methods.
Improve your profit margins
Collect, hold and send funds from your Global Account free of charge, and cut out needless FX fees.
Seamless integration
Airwallex integrates with Xero, NetSuite, Shopify, WooCommerce and more, so you can manage your financial ecosystem with ease.
Your financial suite for global success
Super-fast transfers
Make faster global transfers with our local payment routes and avoid unnecessary SWIFT fees.
Bank-beating FX rates
Want to exchange currencies? You’ll benefit from market-leading exchange rates of 0.5 - 1% above the interbank rate.
Borderless spending
Reward your team with borderless employee debit cards. Create new cards in minutes, set spend limits at a card level, and track expenses in real-time.
Introducing your new business account
Open multiple foreign currency accounts, with no monthly fees
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, EUR and CNY, without needing to open a bank account in the respective country.
Access your own dedicated account manager
If you have a question about your account, your dedicated account manager will be on hand to help. No call queues. No automated systems.
See how our customers are finding Airwallex
"Airwallex have been a fantastic partner for Olsam Group as we grow our eCommerce brands to new channels and new markets. Their easy to use interface and integrations have been a joy for our finance team to use as we scale."
Sam Horbye
Co-Founder, Olsam
"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've had such a fantastic experience switching to Airwallex. Previously we were using a traditional bank to make all of our international transactions and they'd constantly lock us out of the account everytime we made a transfer, resulting in hours and hours of lost time on hold. Airwallex is secure, makes it super quick and simple to make and receive international payments."
Rupert
Managing Director, Perspective Pictures
“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
"We love Airwallex! It has considerably eased our invoicing and payments to contractors around the world. Sending and receiving money is much faster and cheaper than before."
Edle Tenden
Co-Founder, Mobile Transaction
“We are so glad that we have found Airwallex! There are no hidden charges, they are quick to respond to any queries and we had the smoothest transaction with amazing support from the team continually.”
Andreia Beja
Supply Chain Executive, Miss Patisserie
"Our water solutions company, Dropterra (go.dropterra.com) has partnered with Airwallex since inception and it has been the best banking and payment partner a company can think of. International transactions are easy, secure, and fast, the technology is incredible and their client service fantastic! We look forward to growing and deepening our relationship with Airwallex!"
Francois Schramek
Co-Founder, Dropterra
Frequently Asked Questions
How does a foreign currency account work?
Foreign currency accounts allow you to receive, hold and send money in international currencies without being forced to exchange funds back into your home currency. You can set up a foreign currency account from the UK and use it to avoid exchange fees when managing money across borders.
What is a foreign currency account used for?
Foreign currency accounts are used by businesses and individuals who wish to avoid costly currency exchange when managing money across borders.
If a UK-based business has customers in Europe, for example, they can collect payment in euros into a foreign currency account without being forced to exchange them into pound sterling. This is useful if they have supplies that need to be paid in euros, or if they want to hold the euros until the exchange rate is favourable.
How do I transfer money to a foreign currency account?
If your foreign currency account is with the same provider as your home currency account, this should be a transparent and straightforward process.
Exchange rates fluctuate constantly, but businesses need more certainty than that.
Once your foreign currency account is set up, you will be able to transfer money to it from your other accounts via online banking.
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.
Contact our specialist team
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