Terms & Policies
Last updated: 14 September 2020
The following fees and charges apply with respect customers of Airwallex (UK) Limited.
FX Conversion Services, Payment Services, Collection Services and Cards
|Description||Standard Fee (GBP)|
|Customer Mark-Up / Margin (AUD, USD, HKD, CNY, JPY, EUR, GBP, CAD, CHF, NZD, SGD)||0.50%|
|Customer Mark-Up / Margin (MYR, IDR, KRW, PHP, THB, VND, INR, NPR, PKR, BDT, TRY, LKR)||1.00%|
|Customer Mark-Up / Margin (Other Currencies)||1.00%|
|Global Account Creation Fee||£0|
|Global Account Receiving Funds Fee||£0|
|Payments in CNY||0.10%|
|Local Payment Fee (incl. BPAY and FPS)||£0|
|SWIFT (SHA) Payment Fee (incl. RTGS and FedWire)**||£10 per payment|
|SWIFT (OUR) Payment Fee***||£20 per payment|
|Other Fees & Charges|
|Account Opening Fee||£0|
|Monthly Account Fee||£0|
|Break Costs||Varies. See PDS for example|
|API Integration Set Up Fee||To be advised.|
* 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.