Business Accounts
Open a local business account in minutes, not weeks
Skip the paperwork. Access local banking details in 70+ countries and 20+ currencies to collect, hold, and spend like a local, all from one single platform.
A global business account with no queues, paperwork, or needless fees.
Instantly tap into leading global coverage across currencies and markets, world-class security, fast onboarding, award-winning customer support, and integrations with other popular platforms like Xero, Amazon, and Shopify.
countries where you can collect funds like a local
countries from which you can accept payments
countries to which you can make transfers
93%
global transfers arrive within the same day
Airwallex Business Accounts help make international payments and finance simple
Global Accounts
FX & Transfers
Corporate Cards
Software Integrations
Global Accounts
FX & Transfers
Corporate Cards
Software Integrations
Global Money Movement
Accelerate global money movement with business accounts
Manage all your funds centrally with Global Accounts
Accept funds from both domestic and international customers without spending hours setting up additional entities and accounts.
Convert funds at market-leading FX interbank rates
You’ll always have access to interbank rates no matter the transaction size, saving you on costly FX conversions fees.
Pay suppliers and employees globally with transfers, without the wait time or extra fees
Transfer funds in 60+ currencies to 200+ countries, 93% of funds arrive within the same day.
“We use Airwallex for opening accounts in new markets quickly and we now have bank accounts in each of the countries we operate in. It allows us to very easily move funds from our account in the US into our other local currency accounts in various markets within seconds, and pay our partners and salaries easily.”
Charlie Bullock
CEO and Co-Founder, Scan.com
“Airwallex provides us with flexibility and cost savings in dealing internationally. We used Airwallex to receive our recent global fundraising round and pay international suppliers and are saving at least 5% per dollar transferred versus the big banks.”
George van Dyck
Finance Manager, Zoomo
“Airwallex saves us $40,000 annually in collections costs from our sales on Amazon, which is the majority of our sales in the U.S. market. It also allows us to ‘repurpose’ our international currencies. For example, if we sell in Europe we can pay European suppliers in Euros as well. There’s no need to ‘double convert."
Edward Agaba
Controller, Dalstrong
“We have contractors based in China, the US, and Europe, and our Airwallex Global Account enables us to make global payments from one simple portal. Having Airwallex as our global trusted partner means we can spend less time on the phone to the bank, and more time instead focusing on growing our business both domestically and internationally.”
Richard Li
Co-founder & CEO, July
Integrations with your Airwallex Business Account
Connect Airwallex with other popular platforms to streamline your finances and automate manual tasks, from invoicing to bookkeeping.
Frequently asked questions about business accounts
Can you open up a business account online?
Yes, many banks and financial institutions like Airwallex make it possible to apply for and open a business bank account online without visiting a physical bank branch. Some traditional banks may require you to finish your business bank account application at a physical branch like signing final documents, but this requirement is increasingly rare.
What are the requirements for opening a business account?
There are a number of requirements for a business bank account, including an Employer Identification Number (EIN) or social security number if you’re a sole proprietor, proof of business formation like Articles of Incorporation, as well as a license or other government ID.
How much does it cost to open an Airwallex Business Account?
You can open a Business Account completely free of charge by visiting https://www.airwallex.com/us/signup and enrolling in the Explore plan. To enjoy additional features, including access to advanced Spend Management features like multi-conditional approvals and purchase orders, the Grow plan is available for $99 a month.
How does Airwallex keep my business account funds safe?
Airwallex meets the highest international security standards including PCI DSS, SOC1, and SOC2 compliance, in addition to our local regulatory requirements. We hold your money with leading global financial institutions. Your funds are always safeguarded in line with the local regulations where Airwallex operates. For more information on how Airwallex keeps your funds safe.
How quickly can you open a business bank account?
You can open a business bank account within minutes, hours, or multiple business days, depending on the bank you choose and the complexity of your application. Some banks offer instant online account opening, while others may require an in-person branch visit to complete your application. Typically, you can open an Airwallex business account in 1-3 business days with the account application taking about 15 minutes.
How quickly can you open an Airwallex business account?
Typically, you can open an Airwallex business account in 1-3 business days, depending on factors like what your business does and when you apply for an account. It takes about 15 minutes to complete an Airwallex business account application and your account can be approved as quickly as the same day.