Airwallex business account review

Snapshot

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 11 October 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 11 October 2026.
Headline monthly fee: In the United States the Explore plan costs 0 US dollars per user a month. In the United Kingdom Explore costs 0 pounds a month if you deposit at least 10,000 pounds a month or hold a 10,000 pound balance, otherwise 19 pounds. As of 11 October 2026.
Account type: Electronic money and payments account, not a traditional bank deposit account in most markets.

Fees and features as of 11 October 2026Last updated 11 October 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Airwallex provides a multi currency account, borderless cards, and payment tools aimed at businesses that operate internationally. Pricing and plan thresholds vary by country and entity, so confirm the current terms for your market with Airwallex before you apply. Figures here are shown as of 11 October 2026.

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 11 October 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

All figures as of 11 October 2026. Verify current terms with Airwallex.
Monthly fee	United States: Explore 0 US dollars per user a month; Grow 12 US dollars per user a month plus a platform fee. United Kingdom: Explore 0 pounds with a 10,000 pound monthly deposit or balance, otherwise 19 pounds a month; Grow 49 pounds a month. Accelerate is priced on request. As of 11 October 2026.
Transaction fees	Card processing on the United States platform lists 2.80 percent plus 0.30 US dollars for domestic cards and 4.30 percent plus 0.30 US dollars for international cards. Transfer fees vary by rail and destination. As of 11 October 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 11 October 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 11 October 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 11 October 2026.

Visit Airwallex → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers.

Airwallex by country

Questions about Airwallex

Is Airwallex a bank?

In most markets Airwallex is not a bank. It operates business accounts and payments under electronic money and payments licences that vary by country, and it partners with local institutions where required. Confirm the status in your market with Airwallex. As of 11 October 2026.

How much does Airwallex charge in foreign exchange fees?

Airwallex lists 0.5 percent above the interbank rate for major currencies and 1.0 percent for other currencies, as of 11 October 2026. Large volume customers may negotiate lower spreads. Verify current pricing with Airwallex.

Where is Airwallex available for business?

Airwallex serves businesses in many markets including the United States, the United Kingdom, the European Economic Area, Australia, Hong Kong, Singapore, and Canada. Coverage and features vary by entity location. Verify availability for your country with Airwallex. As of 11 October 2026.

Does Airwallex charge a monthly fee?

It depends on the plan and market. The United States Explore plan lists 0 US dollars per user a month. The United Kingdom Explore plan is free with a 10,000 pound monthly deposit or balance, otherwise 19 pounds a month, as of 11 October 2026. Other plans and countries are priced separately. Verify with Airwallex.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with Airwallex before applying.