Airwallex is a global financial platform offering multi currency business accounts, cards, and payments. It suits companies that move money across borders. Plan thresholds and fees shown as of 28 May 2026.
- Who it suits
- Businesses with cross border payments, online sellers, and finance teams that want multi currency accounts and spend cards in one place.
- Broadly available in
- Many markets including the United States, the United Kingdom, the European Economic Area, Australia, Hong Kong, Singapore, and Canada. Coverage varies by entity location. As of 28 May 2026.
- Headline monthly fee
- In the United States the Explore plan lists no monthly fee when you deposit 5,000 US dollars a month or hold a 10,000 US dollar balance, otherwise 29 US dollars a month. As of 28 May 2026.
- Account type
- Electronic money and payments account, not a traditional bank deposit account in most markets.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
Airwallex is a financial technology company that offers business accounts, multi currency wallets, expense cards, and payment processing through a single platform. In most markets it is not a bank. It operates under electronic money and payments licences that vary by country, and it partners with local institutions where required. Businesses use Airwallex to collect payments in several currencies, hold balances, convert at a published spread, and pay suppliers or staff abroad.
Strengths
Broad currency coverage, transparent published foreign exchange spreads, and tools for finance teams such as expense cards and approvals. The conversion spread is listed at 0.5 percent above the interbank rate for major currencies and 1.0 percent for others, as of 28 May 2026.
Limitations
Airwallex is not a deposit taking bank in most markets, so balances are handled differently from a bank account. Plan fees can apply when balance or deposit thresholds are not met, and card processing and transfer fees apply on top of any monthly plan fee. Confirm what applies to your country and entity with the provider.
Fees and features
| Monthly fee | In the United States the Explore plan lists 0 US dollars when you deposit 5,000 US dollars a month or hold a 10,000 US dollar balance, otherwise 29 US dollars a month. Higher tiers are priced separately and vary by market. As of 28 May 2026. |
|---|---|
| Transaction fees | Card processing on the United States platform lists 1.65 percent plus 0.30 US dollars for domestic cards and 3.40 percent plus 0.30 US dollars for international cards. Transfer fees vary by rail and destination. As of 28 May 2026. |
| FX fees | 0.5 percent above the interbank rate for major currencies such as USD, EUR, GBP, AUD, SGD, HKD, and CNY, and 1.0 percent for other currencies. Large volume customers may negotiate lower spreads. As of 28 May 2026. |
| Minimum deposit | No fixed minimum opening deposit is published, though plan fee waivers depend on balance or monthly deposit thresholds. Verify with Airwallex. |
| Multi currency | Yes. Hold and convert many currencies, with local account details available in several markets. As of 28 May 2026. |
| Integrations | Accounting and commerce integrations including Xero and QuickBooks, plus an API for payouts and collections. Verify current integrations with Airwallex. |
| Eligibility | Registered businesses in supported markets. Requirements and supported entity types vary by country. Verify eligibility with Airwallex. |
Open a Airwallex business account
Availability and fees vary by country. Check the Airwallex by country pages below for your market, then confirm current terms with the provider. Shown as of 28 May 2026.
Visit Airwallex →Airwallex by country
Questions about Airwallex
Is Airwallex a bank?
How much does Airwallex charge in foreign exchange fees?
Where is Airwallex available for business?
Does Airwallex charge a monthly fee?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 28 May 2026. Confirm current terms with Airwallex before applying.